Many family business owners in the UK underestimate the immediate impact that their sudden absence, due to death or incapacity. An Emergency Board Plan is a powerful tool for preparing for these scenarios: bit.ly/3DNqi5c #FamilyBusiness

Upcoming changes to inheritance tax relief applying to agricultural property relief and business property relief are on the minds of the farming community. Read more about these changes in this article: bit.ly/4eMozvz #APR #BPR

What makes a will legally valid? Who can witness a will?🤔 In our article estate planning specialist, Nina Sperring TEP from Price Slater Gawne, discusses what makes a will valid. 📖Read more: bit.ly/4gsluzN #EstatePlanning #Wills

Who should you choose to be your attorney? 🤔 A Lasting Power of Attorney enables you to appoint a trusted individual or individuals who, in the event of your loss of capacity, would be responsible for decisions in relation to your property and finances and/or your health and

Can I use a trust to avoid care fees? 🤔 The cost of care can be extremely daunting and you may be concerned about the impact that this could have on your finances and your family’s inheritance. There are some providers in the market that will promise you that by setting up a

What is a living will? 🤔 The term ‘living will’ is often used to refer to what’s known as an ‘advance directive’ in Scotland, or an ‘advance decision’ in England, Wales and Northern Ireland. It is a written record of medical treatment that you may or may not wish to receive in

What is a lasting power of attorney? 🤔 A lasting power of attorney is a legal document that allows someone to nominate a person they trust to make decisions on their behalf if they are unable to do so. If you have been appointed an attorney under a friend or relative’s lasting

Considering helping your child buy a house? 🤔 The Bank of Mum and Dad – sometimes referred to as BOMAD – Is the UK’s ninth biggest lender. Before you hand over the money, there are some important legal and tax issues to consider. 📖Read more in our article:

The complex, and sometimes urgent, legal paperwork to deal with after someone dies is sometimes called ‘sadmin’. We have created this guide to help you make sense of these legal steps that you will need to take. 📖Read more in our article: bit.ly/3PuxULB 📞Speak to an

In the 2024 Autumn Budget, significant changes were introduced to inheritance tax, including the future tax treatment of pensions. You may have seen in the news that it has now been confirmed that from April 2027 inheritance tax will be paid on unused pension funds. You can

Are you planning for the future of your family business? Running a business takes a huge amount of time, energy, money and commitment. It can be easy not to prioritise talking about the future. However, if you don't, there might not be a business to pass onto your loved ones.

Are you thinking about making a will? ✍️ It is important to carefully consider who writes your will, including thinking about their qualifications and experience in preparing wills. 📖Find out more about what to consider: bit.ly/3UZC814 📞Speak to an estate planning

How can someone contest a will? 🤔 Loved ones might want to challenge a will for various reasons. They may feel they’ve been treated unfairly or that they’ve not received what they were promised. Often there’s a feeling of being entitled to inherit assets when someone,

Do you have questions about probate? 🤔 When someone has died, probate can be a complex and confusing process. That's why we created this video explaining some of the key aspects of probate, including 'What is probate' and 'How much does probate cost?'. 📖Learn more about

Are you considering setting up a family trust? 🤔 While a trust can be extremely useful, there are certain steps that can be taken to make the most of them. For example, it is important to manage beneficiaries’ expectations. 📖Find out more about creating a family trust:

If you are getting divorced, it is important that you update your will. ✍ While divorce does not automatically revoke your will, it can leave it in a bit of a jumble. The will remains valid, but it will be read as though your ex-spouse is not in it. 📖Find out more about

Did you know that you can protect your digital memories? 🤔 Social media companies and internet service providers have put tools in place so you can decide how your loved ones can access your accounts after your death. 📖Find out more about how to protect your digital memories

A Lasting Power of Attorney is a legal document that allows you to nominate someone you trust to make decisions on your behalf if you are unable to do so. It is an important document to understand as part of planning for your future. Watch our video to learn more about Lasting

Many people don’t know that when you get re-married your existing will becomes null and void. You will need to make a new will if you wish to ensure your loved ones are provided for if you die. 📖Read more about planning ahead when you get re-married: bit.ly/3ziXBbO

The way we write and sign wills in England and Wales is set to change. The Law Commission, an independent organisation that reviews laws in England and Wales, is now proposing a major update: allowing wills to be made and signed electronically. 📖In this new article, estate