Articles relating to our private client services
According to a recent YouGov survey, 44% of over-50s tend to revise and change their Will several times. The main reason for this seems to be the complexities of modern family life. The survey found that people tend to change their Will following a sudden change in circumstances or a certain life event. These...
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The government is proposing a draft remedial order to amend Section 1A of the Fatal Accidents Act 1976. The purpose of this is to allow cohabitees of over two years to receive statutory bereavement payment. It has been realised that current law is incompatible with the Human Rights Act 1998. Statutory Bereavement Payment This...
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Analysis of HMRC data reveals that the UK’s super-rich don’t pay anywhere near as much inheritance tax (IHT) as the less-rich. It reveals that estates worth over £10m paid an average of 10% tax to the exchequer in 2015-16 tax year. Whereas estates worth £2-3m paid about 20% tax. Neil Jones, Market Development Manager...
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We could be seeing the end of hostile divorces, thanks to reforms to divorce law in England and Wales. Under current divorce law, one person has to allege their spouse of adultery or unreasonable behaviour if the proceedings are to begin immediately. However, new rules will only require them to state that the marriage...
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St Luke’s Hospice is once again teaming up with law firms across Sheffield for Will Month. Will Month, which will last from 1st-3oth April, aims to raise vital funds for the hospice while helping people make their Wills too. You must prioritise making your Will Writing a Will is crucial if you want to...
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Although it may seem bizarre, some devoted owners do leave money for their pets in their Will. Maddalena Proctor from Wosskow Brown’s Gleadless Office has dealt with such cases before. Karl Lagerfeld Following the sad death of fashion designer, Karl Lagerfeld, news has emerged that he decided to include his cat in his Will....
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There’s a surprisingly high number of people who’ve forgotten passwords to their savings accounts or pensions, therefore losing track of their own money. According to a recent survey, approximately seven million have cash flying around in ‘dormant accounts’ and 52% of these people blamed themselves… for forgetting the password! National Savings and Investments (NS&I)...
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Back in April, St Luke’s Hospice did a ‘Make a Will Month’, due to the importance of making a Will, and the fact that 60% of British people still don’t have a Will. The Sheffield-based Hospice decided to team up with local law firms to make it easier for people to make a Will,...
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This is something that is rarely thought of or spoken about at the moment, probably because social media isn’t so commonly used amongst the current older generation, but in a few decades it will become increasingly common to know about how to deal with your social media accounts in preparation for your death. Nowadays,...
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Too many adults in the UK have not made their Will, risking their possessions, money, property and dependent children being left to someone they have not chosen. Research by Macmillan Cancer Support highlights that almost two thirds of adults don’t have a Will. A surprising 42% of over-55s are yet to prepare their Will,...
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