Ensuring that inheritances are distributed fairly among beneficiaries is a crucial aspect of strategic wealth management. We understand the importance of estate equalisation in preventing
As homeowners in the UK approach retirement or consider their legacy, protecting their family’s financial future becomes a top priority. We understand the importance of
Dealing with the loss of a loved one is never easy, and the financial burden of Inheritance Tax (IHT) can add to the distress. Not
We understand the importance of protecting your family’s assets through clear and accessible estate planning guidance. A crucial aspect of this involves understanding the rules
As homeowners in the UK, many of us are unaware of the potential benefits of equity release in relation to inheritance planning. We understand that
Losing a crucial document like a trust deed can be a significant setback. We understand the importance of this document in outlining the terms and
As a deputy appointed by the Court of Protection, it’s essential to understand the importance of submitting deputyship annual reports to the Office of the
Creating a Lasting Power of Attorney (LPA) is a crucial step in protecting your assets and ensuring your family’s future is secure. Understanding the witnessing
Creating a Lasting Power of Attorney (LPA) is a crucial step in securing your family’s future, but the process can be daunting. According to the
Dealing with disputes over an individual’s ability to make decisions can be challenging and emotionally taxing. At Atkins & Palmer, we provide clear, accessible advice
Families in the UK often face unexpected demands for top-up fees from care homes, leading to disputes that can be both emotionally and financially draining.
Navigating the complexities of social care assessments can be a daunting task, especially when you feel the decision is unfair. We understand the importance of
We understand that facing financial difficulties due to care home fees can be a challenging and stressful experience for many British homeowners. In this article,
Planning for care fees can be a daunting task, especially when it involves using the value of your home. We understand the concerns and are
Ensuring that your pension benefits are distributed according to your wishes after you pass away is crucial. An Expression of Wish form provides guidance to
The recent abolition of the Lifetime Allowance (LTA) in the UK has significant implications for pension death benefits. As an experienced team, we will guide
When a lender decides to forgive a debt, it can be considered a gift to the borrower. However, in the UK, this action may have
The UK has implemented regulations requiring the registration of beneficial ownership for trusts and companies, affecting estate planning for British homeowners. We will explore the
When creating a will, it’s essential to ensure that the testator’s wishes are respected and that the document is executed without any external pressures. Unfortunately,
When a loved one becomes unable to make decisions for themselves, families in the UK face a daunting challenge. The Court of Protection plays a
As we approach April 2027, British homeowners aged 45-75 need to be aware of the changing landscape of self-administered pension schemes and their impact on
When a loved one passes away, the distribution of their estate can become a contentious issue. We understand that probate disputes can be emotionally draining
When a spouse passes away, the surviving partner may face uncertainty about their rights to the family property. In the UK, Home Rights Notices play
We understand that will disputes can be emotionally challenging and legally complex. At times, determining the authenticity of a will or signature becomes crucial in
As a UK homeowner, managing your pension and minimising inheritance tax can be a complex task. A Qualifying Recognised Overseas Pension Scheme (QROPS) offers a
When it comes to estate planning in the UK, understanding the legal tests involved is crucial. We help you navigate the complexities of capacity to
As we approach a significant change in UK inheritance tax laws, it’s essential for families to understand the implications on their overseas pensions. From April
The number of inheritance disputes in the UK is on the rise, with industry experts estimating that as many as 10,000 people are contesting wills
When a person is appointed as a deputy by the Court of Protection, they are entrusted with making important decisions on behalf of someone who
When a loved one loses the mental capacity to manage their financial affairs, the court may appoint a deputy to make decisions on their behalf.
When a loved one is admitted to hospital and lacks mental capacity to make decisions for themselves, having a Health and Welfare Lasting Power of
A Lasting Power of Attorney (LPA) is a crucial document that allows an individual to appoint someone they trust to make decisions on their behalf.
We are often approached by individuals who have heard about a plan to safeguard their family home from inheritance tax (IHT) and potential care fees.
When co-owners hold a property as joint tenants, they share equal rights to the entire property. However, this can limit their flexibility in managing their
As a married couple in the UK, understanding the tax implications of gifts you give to each other is crucial for effective estate planning. Gifting
As we navigate the complexities of estate planning, understanding how trust distributions are taxed is crucial for British homeowners. Most trusts do not pay Income
Changes to Inheritance Tax rules under the Finance Act 2006 introduced Transitional Serial Interest Trusts (TSIs), a crucial aspect of estate planning for many UK
We understand the importance of a Lasting Power of Attorney (LPA) in ensuring that your loved ones can make crucial decisions on your behalf when
We understand that planning for the future can be a daunting task, especially when it comes to managing your family’s assets. Accumulation and Maintenance Trusts
Families in the UK often face significant financial burdens when dealing with care home fees. The average annual cost of residential care can exceed £41,600,
When managing trust assets, the role of a trustee is crucial. However, circumstances may arise where their replacement becomes necessary. Understanding the legal framework governing
When managing a trust, the need to replace a trustee may arise due to various circumstances, such as retirement, death, or disagreement among trustees. In
Amending a trust deed can be a complex process, but with the right guidance, it can be done effectively. We understand the importance of protecting
When a person dies without a valid will, their estate is subject to the rules of intestacy in England and Wales. We understand that this
When a family member passes away without leaving a will, their estate is distributed according to the rules of intestacy. As a result, the distribution
When you’re gone, your loved ones may be left with financial uncertainties. We understand the importance of ensuring their financial security. In the UK, certain
When it comes to planning for the future, ensuring that your loved ones are protected is paramount. However, many individuals in the UK are unknowingly
Understanding inheritance rights is crucial for families with adopted children. In the UK, adopted children have the same rights as biological children under the law.
When a loved one passes away, understanding the intricacies of their pension scheme can be overwhelming. In the UK, defined benefit pension schemes provide a
As executors, we understand the importance of managing the estate of a deceased loved one effectively. One crucial step is placing statutory notices to protect
As global mobility increases, UK homeowners are increasingly likely to own assets abroad, making international probate a growing concern. We understand the complexities that arise
Losing a loved one is never easy, and managing their investments can be a daunting task. When it comes to transferring shares after death, understanding
When a loved one passes away, their estate, including their bank accounts, is handled by a personal representative, either an executor named in the will
When a loved one passes away, their assets are revalued to the market value at the time of death, effectively wiping out any capital gains
When purchasing a property with another individual, it’s essential to decide on the type of ownership that suits your situation. You can choose between being
As homeowners in the UK, we understand the importance of protecting your family’s assets. One valuable way to do this is by understanding and utilising
Many parents and grandparents in the UK are keen to help their loved ones onto the property ladder. Gifting a property or providing financial assistance
As a homeowner in the UK, you’re likely concerned about protecting your family’s assets. One valuable strategy to consider is Gift Holdover Relief, a form
Dealing with inheritance disputes or probate conflicts can be a challenging experience for British homeowners. We understand the emotional toll it takes on families. That’s
When a loved one passes away, their assets are revalued, and the tax implications can be complex. We understand that navigating these complexities can be
As experienced professionals, we understand the complexities surrounding trust distributions in the UK. Managing distributions from discretionary trusts can be challenging, especially when it comes
Executor disputes can arise due to various reasons such as mismanagement of estate assets or disagreements among joint executors. These issues can be emotionally taxing
Dealing with the loss of a loved one is never easy, and managing their estate can be a daunting task. Executors often worry about the
Being appointed as an Executor of a loved one’s estate can be a daunting task, involving significant legal responsibilities and potential unlimited personal liability. Whether
Dealing with the estate of a loved one can be a daunting task, especially when it comes to managing the property clearance process. With over
As we navigate the complexities of estate planning, it’s essential to consider the tools that can safeguard our loved ones and protect our family’s assets.
Protecting your family’s assets is a top priority, and a settlor-interested trust can play a vital role in achieving this goal. We understand the importance
Being an executor is a significant responsibility, and it can be a thankless task. Executors are at risk of being sued by beneficiaries or would-be
Stepping down as a trustee can be a significant decision, and it’s essential to do so properly to avoid any potential complications. According to UK
Removing an executor is a complex and often contentious process. When an executor is not fulfilling their duties, it can cause significant delays and stress
When it comes to managing trusts, appointing the right trustees is crucial for ensuring the smooth administration of assets and the realisation of the trust’s
Being named as an executor of a will carries significant responsibilities, often requiring executors to incur various expenses. According to Mark Cotson from Percy Hughes
When setting up a life interest trust, it’s crucial to understand the circumstances under which it can be terminated. A life interest trust allows you
When someone dies without a valid Will in England and Wales, the laws of intestacy come into play. We understand that this can be a
When a loved one passes away, their executor plays a crucial role in carrying out their wishes as stated in their Will. However, disputes can
When a loved one passes away, the process of dealing with their estate can be challenging, especially if there are issues with the validity or
Dealing with the estate of a loved one can be a challenging experience, especially when errors are discovered in their will. In England and Wales,
When a loved one passes away, their executor plays a vital role in managing their estate according to their will. An executor is responsible for
When a person dies without leaving a will, their estate is distributed according to the ‘rules of intestacy’. This can be particularly complex for separated
When a person dies, their estate is distributed according to their will. However, in some cases, the will may not cover the entire estate, leading
When dealing with the estate of a deceased loved one, executors or personal representatives often face the challenging task of locating missing beneficiaries. In the
When a loved one passes away, navigating the complexities of their estate can be overwhelming. In cases where the deceased’s family history is unclear or
When it comes to managing a trust, understanding the fees associated with trustee services is crucial. In the UK, the general rule is that trustees
When a loved one passes away, dealing with the administrative tasks can be overwhelming. One crucial document that plays a significant role in the probate
Dealing with a loved one’s estate can be overwhelming, especially when foreign assets are involved. In England and Wales, the process of managing an estate
As a trustee, understanding your responsibilities regarding income tax is crucial for ensuring compliance and optimising tax efficiency. We will guide you through the complexities
Many families in the UK are discovering they’ve overpaid inheritance tax and can claim refunds. This often happens due to changes in asset values after
When a loved one passes away, their estate must be valued and assets distributed according to their will or the rules of intestacy, as stated
When a loved one passes away, it can be a challenging time, especially if you were financially dependent on them. The Inheritance (Provision for Family
As a homeowner in the UK, ensuring the financial security of your family is paramount. A crucial aspect of this is understanding the role and
As we navigate the complex landscape of managing trust assets, it’s crucial to understand the legal framework governing trustee duties in the UK. Trustees play
Carrying out the duties of an executor is both a privilege and a burden. Ensuring someone’s wishes are carried out after their death can be
Losing a loved one is distressing, and this can be heightened if there is a family dispute over the inheritance of a property. Inheritance disputes
As we navigate the complexities of estate administration, it’s essential to be aware of the growing concern of probate scams in the UK. Criminals are
When a loved one passes away, the distribution of their estate can sometimes lead to disputes, particularly among family members. One common issue arises when
Discovering you’ve been left out of a loved one’s will or inadequately provided for can be distressing. The Inheritance Act 1975 offers a potential remedy
Ensuring the well-being of your loved ones after you’re gone is a significant concern. Having a Will prepared is crucial as it allows you to
As a trustee, you’re responsible for ensuring that the trust’s tax obligations are met. This includes registering the trust with HMRC and filing a tax
As a charity trustee, you play a vital role in ensuring that the organisation operates effectively and in line with its founding purposes. In the
Did you know that thousands of historic properties and artefacts in the UK are preserved for the nation each year, thanks to a special tax