When a loved one passes away, we often receive telephone calls from family members who simply do not know where to start. Often families feel that there must be a million and one tasks to be getting on with and they are not sure which to prioritise, and which can be left on the back…
The old saying goes that there are only two guarantees in life: death and taxes. Therefore, with this in mind, it makes sense why so many of us want to ensure that after we die, our hard-earned assets are passed to the people who mean the most to us. Although Barrett & Co recommends that…
Setting up trusts, transferring assets to children or grandchildren and gifting money to relatives can at times be utilised as effective lifetime tax planning methods to try to limit the Inheritance Tax liability of an estate when carefully explored using professional legal advisors. But what happens when you take advice provided by a company you…
Following on from last month’s contentious probate article, Contentious Probate: How Much and Who Pays, we go into detail about one particular way in which clients can instruct a solicitor: using a CFA. What is a CFA? A conditional fee agreement is an agreement between a client and their lawyer where payment of the lawyer…
At the start of September 2020, the Private Client department expanded with Charlotte Corcoran qualifying from Trainee Solicitor to Solicitor. Having qualified, Charlotte joined the Private Client team to work alongside Hilary Buckle, Jane Whitfield, Vanessa Ruparel and Juliette Spanner on various matters including Wills, Probates, Trusts and Lasting Powers of Attorney. Charlotte has a…
This article is the second in a two-part series exploring the roles and responsibilities of a personal representative (“PR”). There are 6 main duties which are being considered. This article will summarise duties 4-6. The first 3 can be found in Part 1 of the series. Duty 4: Duty to Provide Inventory and Account As…
