Articles


Could your Enduring power be upgraded to a Lasting power?

Jun 22, 2018

A Power of Attorney is a document whereby an individual, the “Donor”, appoints individuals or professionals to act on their behalf when they are unable to act for themselves, known as the “Attorneys”.

Don't make promises you can't keep...

Mar 16, 2018

Promises that are relied upon to their detriment by those to whom they are made are enforceable by the courts. In one case that demonstrated this point, a daughter of a farmer who worked long hours for low pay on her family farm, after her father assured her that she would have her reward in time, was awarded a seven-figure stake in the business.

Make Sure You Appoint an Independent Solicitor to Execute Your Will

Jan 23, 2018

It may be tempting to save a little money by appointing a loved one - rather than an expert solicitor - as executor of your will. However, as one case concerning a dispute between three brothers showed, that is rarely a wise course to take.

Preserving the Assets: The Grant Ad Colligenda Bona

Dec 21, 2017

In most estates, it will usually be necessary to obtain a grant of representation to realise and administer the assets of the deceased. But sometimes, there can be a dispute who has the right to take on this role, and in what capacity.

How professional Executors can benefit you and your family

Dec 21, 2017

When thinking about your Will, it can be very difficult to decide who you would like to act as your Executors. An Executor completes all the administrative tasks associated with your death, including applying for probate and distributing your assets to the beneficiaries of your Will. There are certain situations where it might be beneficial to appoint a solicitor as your Executor.

Will your Death in Service payment result in an Inheritance Tax bill?

Aug 31, 2017

A Death in Service payment is a lump sum of money that can be paid to a nominated beneficiary out of your pension scheme if a person dies before they retire. It is down to the individual employer to decide whether to offer a Death in Service payment; and the size of such payment. The deceased would normally have had the opportunity to nominate an individual or individuals to receive such a payment but Death in Service Trustees have ultimate discretion over the selection of the beneficiary.

Jane Whitfield in Zurich "Advice Matters" Magazine

Jul 11, 2017

In November, Jane Whitfield contributed an article for professional financial advisers on the subject USING TRUSTS TO CONTROL THE DIRECTION OF ASSETS:

Probate Fee increase dropped due to General Election

May 19, 2017

The planned changes to Probate fees, which would have seen charges of up to £20,000 for the largest estates, have been dropped due to the forthcoming General Election.

Increased Inheritance Tax savings for home owners on death

Apr 19, 2017

Under the current Inheritance Tax regime, on death the first £325,000 of each individual's net estate is taxed at 0%. This is known as the "nil-rate band" ("NRB"). Unless any tax reliefs apply, the rest of their net estate is then taxed at 40%.

Joint Tenants vs Tenants in Common

Mar 28, 2017

Jane Whitfield explains the difference between joint tenants and tenants in common in the co-ownership of land.

Welcome to the Barrett and Co Articles Library, here you will find articles on many relevant and interesting topics. This section will be updated every few months so check back regularly. If you have any suggestions for articles please email [email protected] or use the Contact Form on the right.

Please note that whilst we make every effort to make sure that these articles reflect the law at the time they are written, they are not maintained as the law is constantly changing and affects each person or business in different ways. If you require specific advice on a matter please call our office or email the relevant solicitor and they will be happy to assist you.

FREE: instantaneous online conveyancing estimate
-

This website uses cookies. For further information, please click "Learn More" or click "I agree" to stop this message from appearing again. | Learn More | I Agree |