Posts filed under: Wills Trusts and Probate

Wills Trusts and Probate

Inheritance Tax (IHT) has long been a focal point of tax planning for high-net-worth individuals (HNWIs) in the UK. As political and economic landscapes evolve, so too do tax policies. With increasing scrutiny on wealth transfers and mounting speculation around...
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When a loved one passes away, managing their estate can feel overwhelming. If you have been named as an executor in a will, you have a legal responsibility to administer the estate in accordance with the law in England. This...
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What do I need to think about when making a Will?   When making a Will, there are a number of issues to consider to ensure that the Will meets your requirements and fully covers your circumstances. Midwinters Partner, Mark...
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If someone loses mental capacity and can no longer make their own decisions, the Court of Protection, an integral part of HM Courts & Tribunals Service, can appoint a Deputy to manage their affairs.  In this article we look at...
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Do I need a Solicitor to make a Will?   Having made the sensible decision to make a Will, you then need to decide whether to write your own Will or instruct a professional to prepare it for you. Midwinters...
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Why Make a Will?   It is estimated that only 4 in 10 people in the United Kingdom have a Will. Midwinters Partner, Mark Lynham (mark.lynham@midwinters.co.uk ), explains the risk of not making a Will:     Making a Will...
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When a person dies, whatever they leave behind has to be administered. However, whether or not their loved ones need Probate depends on the particular circumstances and each estate is different. Midwinters Partner, Mark Lynham (mark.lynham@midwinters.co.uk), explains further:   There...
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What do I need to think about when making a Lasting Power of Attorney? When making a Lasting Power of Attorney (LPA), you need to make a number of decisions to ensure that the LPA is right for you. Midwinters...
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Do I need a Solicitor to obtain Probate? Any Executor named in someone’s Will has to decide whether they need professional help or whether they feel comfortable administering the estate without such help. Midwinters Partner, Mark Lynham (mark.lynham@midwinters.co.uk ), explains...
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The Government Increases the Statutory Legacy If you die without leaving a valid Will, you are deemed to have died “intestate” and the distribution of your estate is determined by the Rules of Intestacy. In such circumstances, if you die...
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