Understanding the Grant of Probate
Understanding the Grant of Probate is vital for estate management. It enables designated individuals to manage assets, property, and funds. Exemptions apply for low-value estates or jointly owned assets, whereas requirements apply to major assets such as investments or buildings. Nantes Solicitors provides expert guidance for navigating this process seamlessly.
Wills & Probate: Why Do I Need A Will?
This article explores the vital importance of making a will to ensure that your inheritance is distributed in accordance with your precise wishes after death. It explains how intestacy regulations work and the limits they impose on non-traditional family structures or planned legacies outside immediate family lines.
Notes Regarding Intergenerational Sharing of Homes
The pros and cons of Intergenerational Home Sharing. Avoid pitfalls in multi-generation living. Plan wisely!
Widow wins High Court battle despite being written out of Will
Very recently, in the case of Kaur v Estate of Karnail Singh & Ors [2023] EWHC 304 (Fam), it was ruled that ‘reasonable provision’ was not made for an 83-year-old widow, ‘left with next to nothing’.
My Will, a public document?
It may come as a surprise however that once a grant of probate has been issued by the probate registry, a Will becomes a public document and anyone can apply to have a copy.
When do I need a grant of probate?
There are several types of grant of representation which confirm that person’s right to deal with assets and administration of the estate such as property, possessions and money.
Liberty Protection Safeguards – What happens now?
Liberty Protection Safeguards – What happens now? The Mental Capacity (Amendment) Act 2019 received Royal Assent in May 2019 as a means to replace the current Deprivation of Liberty Safeguards (DoLS) with the Liberty Protection Safeguards (LPS). Consultation for the draft Code of Practice closed in July 2022 and there has been a range of […]
Care Home Fee Planning – What Can I Do?
Care Home Fee Planning – What Can I Do? The average cost of care in a residential setting can range from £29,000 – £39,000 a year, and with nursing care fees ranging from £35,000 – £55,000 people now more than ever are looking at ways to protect their assets. The average stay in a UK […]
Lasting Powers of Attorney and Deputyship
Lasting Powers of Attorney and Deputyship When a family member loses mental capacity, it can be an extremely stressful and at times lengthy process to obtain the legal authority to begin acting on somebody else’s behalf to assist with their financial affairs or their health and welfare affairs. Far too often, a person will delay […]
Changes to the Trust Registration Service: when should you register your Trust?
Changes to the Trust Registration Service: when should you register your Trust? The Trust Registration Service (TRS) (set up following the UK’s implementation of the EU Fourth Anti-Money Laundering Directive) has required all Trusts, from 2017, which hold a tax liability to be registered with HMRC. As of 6th October 2020, the Money Laundering and […]