Inheritance lost when stepdad changed his will
There is a growing number of families tangled in bitter disputes about inheritance. Experts say these are common among so-called 'blended' families, in which parents have divorced and remarried.
Gifting Property to Your Children.
It may be considered your desire to gift property to your children, either to remove it from from your estate for inheritance tax (IHT) purposes or possibly to protect the property from being used to pay for care should you need it.
TAXATION: CGT reliefs for divorcing couples are confirmed
The Spring Budget has confirmed that the UK government will introduce legislation to introduce capital gains tax (CGT) reliefs for separating couples with effect from 6 April 2023.
LONG-TERM CARE: Council forced to repay five years of care home top-up fees
A woman who was asked to pay top-up fees towards her mother's care home costs, even though the local authority had never offered her mother an affordable care home placement, has won a refund of the full five years’ top-up she has paid at GBP240 a week.
Significant number of trusts still to register on TRS before September deadline
The Trust Registration Service (TRS) has received only 153,241 trust registration applications since it began full operation in June 2017, a Freedom of Information Act 2000 request has shown.
MP calls for law change on ‘immediate access’ to digital assets for next of kin.
DUP Ian Paisley said people are creating ‘an even larger digital footprint’ throughout their lives, both personally and financially.
UK government is urged to educate public in use of LPAs
The general public has a poor understanding of lasting powers of attorney (LPAs) and often have difficulty getting banks to deal with them correctly, according to UK-wide research by Which?, the consumer campaign company.
Deceased's nominees can now be given access to Apple iCloud
Apple has released a digital legacy feature allowing account holders to nominate up to five family members or friends who will be able to access their account after they die.
Blended families creating demand for tax services across jurisdictions: study
Complex relationships are increasing the risk of litigation!
Reform law on 'digital assets', probate lawyers urge.
Probate practitioners have called for legislative change to help families access the 'digital assets' of relatives who have died.