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It is often thought that when a person passes away the family gather for a formal reading of the will, but whilst that might be requested, it is not something that usually happens. Instead, it is up t...
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Many UK residents are recognising the dual benefits of charitable legacies in Wills. Beyond the altruistic satisfaction, such gifts may reduce the inheritance tax (IHT) rate upon death from 40% to 36%...
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Earlier this week, Martin Lewis spoke about the Three Ds – Death, Divorce and Dementia on the Martin Lewis Money Show Live. Lewis addressed why family members should talk to each other about these l...
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On 7 December 2022, a Bill was introduced to amend the way lasting powers of attorney (LPA) are made. The changes, if passed, provide for further (secondary) legislation and include some considera...
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The most common reason an attorney for property and affairs abusing their power is financial gain, and sadly in most cases the abuse is committed by a family member. Family are sometimes simply not su...
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The Court of Protection The new Court of Protection was established on 1 October 2007 by s 45(1) of the Mental Capacity Act 2005. The original name ‘Court of Protection’ having been given to the...
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Proposals to reform the law following a review of the Mental Capacity Act and the DoLS were published in July 2015. Over the course of next two years the Law Commission undertook a public consultation...
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A Trustee must act exclusively in the best interests of the Trust, taking note of and acting in accordance with the duties and directions set out in the Trust instrument. A Trustee owes a duty to th...
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