attorney

lasting powers of attorney

LPAs vs Deputyship Orders – What’s the Difference?

Lasting powers of attorney (LPAs) and Deputyship Orders share some similarities, giving people the legal authority to act on your behalf when you lose mental capacity. However, plenty of key differences between the two are essential to understand. This blog will explore these two legal tools, how each can be used, and how you can …

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rules of intestacy

Everything You Need To Know About the Rules of Intestacy

When someone passes away without leaving a valid Will behind, their estate must be distributed according to the rules of intestacy. These rules can be complex; however, they are vital to understand so you can ensure your assets are distributed in line with your wishes and values.  In this guide, we’ll explore the rules of …

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Lasting Powers of Attorney

Why Lasting Powers of Attorney Are Being Modernised

Lasting Powers of Attorney (LPAs) are set to be modernised according to new government standards established in July 2021. More people than ever are looking into establishing an LPA to secure their future, and the old process is set to be scrapped for a new, streamlined version that will include additional safeguards.  What Are Lasting …

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inheritance tax

The New Residence Nil Rate Band – How To Qualify for the IHT Uplift

No one wants to be hit with a huge Inheritance Tax bill after a bereavement. However, new measures have recently been introduced to reduce this taxation, meaning you can leave more for your loved ones.  What Is the Residence Nil Rate Band (RNRB)? A measure that enables an additional amount of your estate to be …

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deputies

Deputyship Orders in the Event of Not Having Lasting Powers of Attorney

Lasting Powers of Attorney (LPA) is a legally binding document that allows people to appoint a person of their choosing to make decisions for them. They are often created in preparation for, if, or when an individual loses mental capacity and cannot make decisions for themself.  Though LPA’s must be agreed upon when the person …

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