Wosskow Brown’s Managing Partner, Ian Brown, explains how we can help with clients looking for financial planning advice....
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Category: Private Client
Articles relating to our private client services
Writing a Will while Social Distancing
We hate impersonal service, so we’re finding it really difficult that we can’t invite you to our offices, and we certainly can’t offer you a coffee. What we are offering to do, is bring your Will to you....
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Lasting Power of Attorney: Not just for the older generation
A Lasting Power of Attorney is a legal document in which you can appoint someone to make decisions on your behalf, if you are unable to do so yourself. The person that appoints is known as the donor, and the person appointed the attorney. There are two different types of Lasting Power of Attorney...
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Surprising things to include when writing a Will
Most people understand that a Will explains what your wishes are regarding money, property and children. However there are many other factors worthy of your consideration which might surprise you. What will happen to any pets? These days many of us see our pets as a member of the family. So if you have...
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DIY Wills – Are you making a saving, or leaving loved ones with the bill?
In today’s society it’s common for people to shop around for quick, cheap solutions to problems they may face. DIY Wills and online Will writing services offer a cheaper alternative to solicitor and professional Will writing fees – but will the quick saving pay off in the long run? Why write a Will? Making...
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Nearly Half of Over 50s Often Change Their Will
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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Fatal Accidents Act to be Amended by Government
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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Inheritance Tax Loopholes Exploited by Super Rich
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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Divorce Law Reforms Aim To End ‘Blame Game’
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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‘Will Month’ with St Luke’s Hospice
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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