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Will Trusts Explained

Why use a trust in your Will? Will trusts are used to protect assets against possible future events such as remarriage or care fees. The assets are held in a Will trust for the ultimate benefit of your chosen beneficiaries - often your children - after death. For example, let's say a married couple, Robert... Continue Reading →

Save Inheritance Tax on your Business

If you are married and own a business, it is very common for the business-owing spouse to leave their whole estate, including their interest in the business, to their spouse on death. At that stage, there will then be no inheritance tax to pay, because of the spouse exemption from inheritance tax. This exemption means... Continue Reading →

Can I remove an executor during probate?

Is it possible to remove the executor appointed in somebody's Will, after their death? The executors of the Will are under a duty to wind up the deceased's estate, to obtain a grant of probate or letters of administration if appropriate, and and in general to carry out their duties carefully, following the terms of... Continue Reading →

Lasting Power of Attorney Fraud

An interesting and alarming programme about Lasting Power of Attorney fraud recently aired on Radio 4's "You and Yours". It describes how criminals are using fraudulently created Lasting Powers of Attorney to sell people's houses without their knowledge. The victim of the fraud in this case is a woman who had moved out of her... Continue Reading →

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