Among the Private Client team, clients often ask us whether putting their home into the names of their adult children would be a good idea. This is usually due to concerns about the costs of care as they become elderly, or perhaps fears that their home would have to be sold to pay Inheritance Tax…
It is important to have a plan in place for your business and here is some guidance depending upon how you trade. If you are a sole trader Your sole trader business may include the intangible asset of goodwill. As many sole trader businesses are fundamentally “you”, i.e. people deal with you for your particular…
Digital assets have a very broad definition but essentially it means an electronic record in which an individual has a right or an interest. The digital asset should be treated separately from the device on which it sits, so for example you may leave your computer to your son, but the family photos stored on…
A few years ago, a young man called Sam moved into a block of flats near Maidenhead. He started to notice an 85-year-old woman called Dorothy who lived in the flat across the hall. Curious to hear Dorothy’s life stories, Sam began stopping by to see her regularly. Sam quickly discovered that Dorothy had no…
Nicholas Buckle (Nick) joined Barrett & Co as a Trainee Solicitor in January 2018 before qualifying into the contentious probate team in January 2020. Nick works on a broad range of contentious probate matters including claims under the Inheritance (Provision for Family and Dependants) Act 1975, probate claims and disputes involving personal representatives. Nick previously…
Hilary Buckle from Barrett & Co Solicitors in Reading joined BBC Radio Berkshire presenter Phil Kennedy on 27th July 2020 to explain new legislation regarding the witnessing of Wills in light of the current coronavirus pandemic. She discusses the concerns of legal practitioners about the potential for coercion and the government’s decision to backdate video…