by Oliver Saxon | Apr 28, 2022 | Powers of Attorney, Property, Wills, Trusts & LPAs
With current terminology in will documentation having been used for around 200 years, its not surprising that some of these old fashioned terms are confusing! Many people put off making their will due fear that they won’t understand the over-complicated terminology...
by Oliver Saxon | Apr 7, 2022 | Disputes, Powers of Attorney, Wills, Trusts & LPAs
There has been an interesting and shocking case in the press lately detailing how a man from Hull stole more than £60,000 from his dead neighbour after impersonating him for over 2 years. Mr Thompson (who unofficially cared for his...
by Oliver Saxon | Mar 26, 2022 | Wills, Trusts & LPAs
It is often believed that Mutual Wills and Mirror Wills are the same thing. But legally, they are very different and should not be confused. In both cases, they are made by couples who have similar wishes – usually this is leaving everything to each other and then to...
by Oliver Saxon | Mar 9, 2022 | Powers of Attorney, Wills, Trusts & LPAs
Legal firms have seen a rise in “trust clauses” or conditions specifying when an inheritance is paid, as parents and grandparents attempt to control their wealth from beyond the grave. Experts say soaring property prices, longer lifespans and a rise...
by Oliver Saxon | Mar 2, 2022 | Powers of Attorney, Wills, Trusts & LPAs
Following a recent survey carried out by Which? it has come to light that thousands of people are unaware of how the lasting power of attorney process works and how banks can often cause avoidable problems for people registering as attorneys.A Lasting Power of...
by Oliver Saxon | Jan 25, 2022 | Powers of Attorney, Wills, Trusts & LPAs
A man who defrauded an elderly relative out of over £35,000 after being given responsibility for her finances has now been sentenced. The man aged 60 was sentenced on Friday 21 January 2022 after pleading guilty to an offence of fraud by abuse of position at an...
by Oliver Saxon | Jan 21, 2022 | Powers of Attorney, Wills, Trusts & LPAs
The government announced last week that virtual witnessing of wills in England and Wales will continue to be permitted until at least 31 January 2024. The practice was authorised under legislation introduced in 2021, under an amendment to the Wills Act...
by Oliver Saxon | Dec 20, 2021 | Property
Are you aware that when you use gifts as part of your final inheritance tax planning, not only will you receive the joy of giving your loved ones a gift, but you can even reduce your inheritance tax liability. Understand the definitions of a gift A gift could be...
by Oliver Saxon | Dec 20, 2021 | Powers of Attorney, Wills, Trusts & LPAs
Experts have warned that the proposed changes to UK law risk substantially increasing financial abuse of older people. Plans by the Law Commission and the Ministry of Justice to modernize Lasting Powers of Attorney aim to make procedures simpler and easier but both...
by Oliver Saxon | Dec 8, 2021 | Disputes, Powers of Attorney, Property, Wills, Trusts & LPAs
A woman almost lost her home to a fraudster after discovering a Government department had granted lasting power of attorney of her affairs to a complete stranger. Speaking to BBC Radio 4, the homeowner learnt that a woman had fraudulently posed as her sister and...
