Trusts, Wills and Probate Articles

What is a Trust?August 27, 2009

A trust comes into effect when a ‘settlor’ places money, land or other assets in the hands of trustees. The trustees are the legal owners...

Estates – What Happens if Values Fall?April 19, 2009

One of the biggest problems now facing executors is that as the recession progresses, most assets, other than cash, are falling in value, which can...

Heir Hunters – Take Advice!March 27, 2009

Until the recent publicity afforded by television shows on the subject, many people might not have realised that ‘heir tracing’ companies exist, let alone that...

CGT and Shares in Estates Valuation TrapFebruary 21, 2007

In the UK, there are quite generous exemptions from Inheritance Tax (IHT) which apply to business assets. One problem with making use of such exemptions...

What is a Lasting Power of Attorney?July 23, 2006

In October 2007 there was a fundamental change on the way in the way powers of attorney are created and the powers that they can...

What is a Lasting Powers of Attorney?July 23, 2006

In October 2007 there was a fundamental change on the way in the way powers of attorney are created and the powers that they can...

Changing Wills For BenefitMay 25, 2006

A will expresses the final wishes of the deceased person and it is commonly thought that a will is irrevocable after death. However, provided everyone...

Who is Under the Influence?May 16, 2006

The law recognises that some people (such as solicitors or accountants) have a high degree of influence over other people (their clients), since clients hire...

Dealing With an Insolvent EstateDecember 31, 2004

One of the rules that applies to the administration of estates is that whilst a person appointed as executor under a will can refuse to...

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