Legal Advice
| Legal Advice |
It is quite common to see young couples with children not having a will or financial and healthcare powers of attorney. There is no doubt that it is not a good feeling to prepare for incapacities or death; but having a will or trust will ultimately lessen your worries regarding children, spouse and property should anything happen to you.
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Enduring Power of Attorney Every adult has the right to manage his or her own money and affairs. Sometimes, however, our ability to do this decreases as we grow older. Whether this is caused by illness, disability, or an accident, there are a number of practical steps you can take to prepare for this. If this describes your situation, or that of someone... Read more |
Why should i write a will? Regardless of your age, everyone should consider having a will professionally drawn. A surprisingly high number of people die without leaving a will. This can cause enormous problems for the family of the deceased. The issue of your will is by its very nature, a solemn topic. Often people shy away from the issue of preparing a will and in... Read more |
What is Inheritance Tax? Not everyone pays Inheritance Tax. It is only due if your estate - including any assets held in trust and gifts made within seven years of death - is valued over the current Inheritance Tax threshold (£312,000 in 2008-09). The tax is payable at 40 per cent on the amount over this threshold. Inheritance Tax is usually paid on... Read more |
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