Inheritance Tax and Capital Gains Tax on Inherited Property Understanding inheritance tax and capital gains tax on inherited property in the UK is essential for
Can a Trust Avoid Inheritance Tax? Can a trust avoid inheritance tax? In the UK, trusts are a powerful estate planning tool—but whether they can
How to Avoid Inheritance Tax on Property in the UK Understanding how to avoid inheritance tax on property is a major concern for families looking
Can a Trust Be Contested in the UK? If you’re wondering can a trust be contested in the UK, the answer is yes—under certain conditions.
Avoiding Care Home Fees in Wales: A Complete Guide Many families in Wales face the challenging question of how to afford long-term care. Avoiding care
Cap on Care Home Fees in the UK Many people planning for care later in life ask: Is there a cap on care home fees
Can I Refuse to Pay Care Home Fees in the UK? Wondering, “Can I refuse to pay care home fees?” You’re not alone. With care
Care Home Fees & Tenants in Common: What You Need to Know When planning for the future, many people ask: can owning a property as
Who Pays Care Home Fees in the UK? One of the first questions families ask when a loved one enters care is: Who pays care
Care Home Fees in England: Everything You Need to Know Care home fees in England can be a significant concern for families planning long-term care.
How to Avoid Care Home Fees UK Many people are surprised to learn that care home fees in the UK can reach £50,000 or more
Can You Avoid Care Home Fees with a Trust? Yes, you can potentially avoid or reduce care home fees in the UK using a trust—but
Lasting Power of Attorney: Who Is the Donor? If you’re setting up a Lasting Power of Attorney (LPA) in the UK, it’s essential to understand
How to Activate Lasting Power of Attorney in the UK If you’ve already set up a Lasting Power of Attorney (LPA), the next crucial step
How Long Does Lasting Power of Attorney Take in the UK? Setting up a Lasting Power of Attorney (LPA) is one of the most important
How Long Does Lasting Power of Attorney Last? If you’re planning for the future, understanding how long a Lasting Power of Attorney (LPA) remains valid
What Is Lasting Power of Attorney For Health and Welfare? In the UK, making plans for your future isn’t just about finances—it’s also about your
When Does Lasting Power of Attorney Take Effect in the UK? If you’re planning ahead for the future, it’s crucial to understand when a Lasting
Where to Get Lasting Power of Attorney Forms in the UK Looking to set up a Lasting Power of Attorney (LPA) and unsure where to
When Does Lasting Power of Attorney End in the UK? If you’re wondering when a Lasting Power of Attorney (LPA) ends in the UK, you’re
Can a Family Member Witness Power of Attorney in the UK? Can a family member witness power of attorney? This is one of the most
Where to Send Lasting Power of Attorney Forms in the UK Once you’ve completed your Lasting Power of Attorney (LPA) forms, the next step is
Which Power of Attorney Is Best in the UK? Your Complete Guide If you’re planning ahead or helping a loved one, you might be wondering:
Why Power Of Attorney Is Important In The UK Many people delay planning for the unexpected—but understanding why Power of Attorney is important could make
Who Signs Power of Attorney in the UK? A Complete Legal Guide Setting up a Power of Attorney (POA) is a crucial step in estate
What Power of Attorney Means in the UK: A Full Guide If you’ve ever wondered what Power of Attorney means, you’re not alone. It’s one
How to Avoid Inheritance Tax on Pensions Understanding how to avoid inheritance tax on pensions is crucial for effective estate planning in the UK. While
What Power of Attorney Does Exactly: A Complete Guide for the UK If you’re planning ahead for your future or helping a loved one, understanding
Can Power of Attorney Be Revoked In The UK? Many people ask: can Power of Attorney be revoked? The answer is yes. In the UK,
When Power of Attorney Is Needed: Your Guide For The UK Knowing when Power of Attorney is needed can make all the difference in protecting
What Power of Attorney Do I Need in the UK? If you’re asking what power of attorney do I need, you’re already planning wisely. Setting
What Power of Attorney Can Do in the UK: Complete Guide for 2025 Understanding what power of attorney can do in the UK is essential
Can a Power of Attorney Be Done Online in the UK? If you are asking yourself if a power of attorney be done online in
How to Avoid Inheritance Tax When Second Parent Dies Understanding how to avoid inheritance tax when second parent dies is crucial for families looking to
Can a Power of Attorney Sell a Property in the UK? Yes, a power of attorney can sell a property in the UK—provided the legal
Cost of Care Home Fees in the UK: What You Need to Know Understanding the cost of care home fees in the UK is essential
Does a Spouse Pay Inheritance Tax in the UK? One of the most frequently asked questions in estate planning is, does a spouse pay inheritance
How Much Inheritance Tax Will I Pay on £1 Million? If you’re asking yourself, “how much inheritance tax will I pay on £1 million?”—you’re not
Are Power Of Attorney Documents Public Record In The UK? Power of attorney documents in the UK are not generally public records. Unlike some legal
The Importance of Having a Will in the UK Writing a will is one of the most important steps you can take to protect your
Understanding the Basics of Estate Planning in the UK Estate planning in the UK isn’t just for the elderly or wealthy—it’s something everyone should do
Understanding the impact of care costs on your inheritance in the UK is essential, especially as more people require long-term care. Care fees can quickly
Inheritance Tax (IHT) is a complex part of estate planning in the UK. At mp estate planning, we help you understand IHT. This way, your
Thinking about setting up a trust in the UK? You might be wondering about the downsides. Trusts are useful for financial and estate planning, but
HM Revenue and Customs (HMRC) has reported a 7.2% rise in inheritance tax receipts in the UK. This increase shows the growing weight on estates
Protecting your family’s future is more important than ever. The Family Home Protection Trust is a legal way to do this. It lets you transfer
In 2016, over 249,000 marriages took place in England and Wales. That same year, there were about 102,000 divorces for opposite-sex couples and 338 for
Estate planning is key for UK residents who want to protect their wealth. It helps ensure your assets are safe and your wealth passes smoothly
Did you know the UK government takes over £8 billion in capital gains tax yearly? With smart estate planning, you can cut down your tax
Recent reports show that about 6 in 10 people in the UK don’t have a valid Will. Many choose to make a Will, from hiring
When a parent passes away, many find themselves asking, “Can you sell your parents’ home if they pass away?” The answer is yes, you can
Cohabiting inheritance rights in the UK refer to the legal protections—or lack thereof—that couples living together have concerning their assets after one partner dies. Unlike
The Labour Party’s stance on digital assets and cryptocurrency in the UK is evolving, with recent statements supporting tokenization and Central Bank Digital Currencies (CBDCs).
Putting your house in a trust in the UK is a way to manage your property and protect it for future generations. A trust is
Estate planning for blended families in the UK presents unique challenges that require careful consideration and tailored strategies. With an estimated 1 in 3 British
Setting up a trust fund for your child is a smart move for their financial future. It might seem complex, but it’s a key tool
When you face inheritance disputes, knowing how to challenge a will is key. In the UK, challenging probate is complex. But, it’s vital to understand
It’s vital to know if probate has been granted when dealing with a deceased person’s estate. Probate lets the legal team manage the person’s property,
Trusts are key in estate planning in the UK. They help manage and distribute assets as the settlor wishes. A trust has three main roles:
Did you know that less than 1 in 6 people in the UK have made a formal estate plan? Over a third haven’t even started
Ever thought about how your actions could change the world? Adding charitable giving to your estate planning lets you merge your values with your financial
Did you know setting up a simple trust in the UK can cost between £1000 and £1500? This depends on how much legal advice you
More than 800,000 people in the UK have dementia, and this number is expected to rise to over one million by 2025. Without a valid
7 Year Rule Inheritance Tax: What You Need to Know Understanding 7 year rule inheritance tax is essential for anyone thinking about estate planning in
stDid you know? Since 2007, married couples and civil partners in the UK have been able to transfer their unused inheritance tax (IHT) allowance to
Are you ready for possible changes the Labour Party might make to your estate taxes? After the July 2024 election, the Labour Party is in
Transferring property to your child in the UK can be a thoughtful way to plan for the future. This involves changing ownership of your property
If you’re a beneficiary of a will or intestacy in the UK, you have certain rights to your inheritance. The person managing the estate, known
Who Can Witness Lasting Power of Attorney in the UK? Who can witness Lasting Power of Attorney in the UK? This is one of the
Want to know how to avoid care home fees in the UK? You’re not alone. Many people worry about protecting their assets from these costs.
Divorce in the UK means you have to think about splitting up your stuff, including things you got from your family. This includes money, property,
Can a Power of Attorney change a will in the UK? The simple answer is no. A Power of Attorney (POA) cannot legally change a
Inheritance Tax Planning in the UK is crucial for ensuring your loved ones benefit from your estate without facing hefty tax bills. Inheritance tax can
Creating a will in the UK can cost anywhere between £400 to £1800, depending on the type of will. Having a will is crucial as
Difference Between Lasting and Enduring Power of Attorney is crucial to understand when dealing with legal matters involving someone’s affairs. A Power of Attorney (PoA)
Gifting money to family members in the UK is a common practice, but it’s essential to know the legal limits to avoid tax implications. As
Are next of kin responsible for care home fees in the UK? The short answer is generally no. Next of kin typically refers to a
Wills for seniors are essential legal documents that outline how a person’s assets should be distributed after their death. They are crucial for ensuring your
Inheritance Tax in the UK, nicknamed death duties, includes a tax on the estate when someone dies. An estate is a collection of property, money,
Understand who can override a power of attorney UK and the legalities involved with revoking or challenging an attorney’s authority.
Creating a will in the UK is crucial for ensuring your wishes are honored after you pass away. However, many people make common mistakes when
Single Will vs Mirror Will: Which Is Right for You? Understanding the differences between a Single Will vs Mirror Will is crucial when planning how
When it comes to protecting your assets and ensuring your loved ones are taken care of, will writing is an essential part of estate planning.
How much does a solicitor charge for power of attorney? The cost typically ranges from £200 to £500 plus VAT for a straightforward document. A
Inheritance Tax in the UK is a tax on the estate (property, money, and possessions) of someone who has died. Understanding this tax is crucial