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The Legal 500 – The Clients Guide to Law Firms The Legal 500 – The Clients Guide to Law Firms

Leah Woodlee
 

Do You Regret Your Choice of Legal Power of Attorney?

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I recently read a news article highlighting yet another case of someone abusing their power as a Property and Financial Affairs attorney and stealing hundreds of thousands of pounds from a vulnerable relative. Geraldine Skevington-Roberts has been...

Gordon Ramsay's unique approach to family wealth

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Gordon Ramsay and his wife, Tana, welcomed their sixth child at the end of last year. He has recently spoken out to say that despite being millionaires, they will not be financially spoiling their children during their lifetime. He commented that the...

The legal implications of a Grandparent's £50 legacy

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A judge has ruled that a grandad was entitled to give his grandchildren just £50 each out of his £500k estate. Frederick Ward died aged 91, splitting his estate equally between his two surviving children, Terry and Susan. Frederick had...

Who should I appoint as an attorney under a lasting power of attorney?

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A lasting power of attorney (LPA) is a document which appoints attorneys to act on your behalf in relation to your property and financial affairs, or health and welfare in the event that you cannot make decisions yourself. It is imperative that you take...

As a grandparent, how do you write a will when you gain a stepfamily?

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Protect Your Stepfamily's Financial Future If you are a parent and your child has remarried and their new partner has children already from a previous marriage or relationship, now is a good time to consider whether or not you should update your...

Blended Families and Inheritance: making sure your wishes are honoured

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Protect Your Inheritance in Blended Families It is becoming increasingly common for two families to merge together, as nuclear families are becoming a thing of the past. Often, clients in blended families put off putting in place a will as they do not...

How to start the conversation around your inheritance and future security

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Protect Your Assets Through Conversation Often, it is seen as taboo to talk about what inheritance you are likely to receive, as it is human nature to avoid uncomfortable situations. Parents are sometimes oversharers when it comes to talking about...

Wills for Young Adults: Reassessing the 'I Haven't Got Much' Misconception

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Protect Your Future by Rethinking Wills As a wills lawyer, I often hear young people say, “I haven’t got much” and that they think they don’t need to put in place a will. A misconception is that you need to be extremely...

The importance of planning ahead: Why a text or social media message isn't enough to make a will

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"Protect Your Legacy and Plan Ahead" Gap years are becoming more popular both before and after educational studies and usually contain some form of travelling around the world before they have to settle down and start on their career ladder. ...

Disputing a will: lessons from the Anna Nicole Smith story

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You may have watched the documentary on Netflix ‘ Anna Nicole Smith: you don’t know me’, or perhaps you’re already familiar with her story? Anna was probably best known in the public eye for being a Playboy model and for marrying the...

Jackie Chan's plan for his fortune

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Do you have a plan like Jackie Chan? The famous actor has reported that he will not leave any of his $400 million pound fortune to his son. Jackie has written in his autobiography that he plans on leaving his entire estate to charity and that his son...

Dot Cottons Inheritance Tax Bill

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Many of you will be familiar with the character Dot Cotton from the popular TV show Eastenders. Dot’s character has received a lot of attention recently from the public due to the large Inheritance Tax bill which was payable on her death. ...

Learn from Heath Ledger's mistake!

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As many of you will know, the actor Heath Ledger sadly passed away in 2008 at just 28 years old. What you may not know is what happened to his £12 million estate. Heath executed a will stating that 50% was to be split between his parents into equal...

Get your legal affairs in order, by making a will!

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Going into the New Year knowing that you are getting your financial affairs in order by executing a will, will give you peace of mind for the rest of the year! Did you know that 59% of adults in the UK do not have a will? This equates to over 31...

Why writing a clear will is key - Sir Michael Butler's £ 8-Million 9-year family dispute

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Sir Michael Butler died in 2013 and was a collector of 17th-century Ming porcelain and had over 800 individual items estimated to be worth over £8 million. 500 of the items were left to his four children in equal shares by a Deed of...

Who is the astronomer's best mate?

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Roy Panther who famously discovered the “Comet Panther” died in 2016 and a dispute has arisen about who his £400k estate passes to. Roy was a keen amateur astronomer who had always loved space and created a homemade observatory in his...

Autumn Statement - Cap on Care

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Jeremy Hunt recently announced in the Autumn Statement (17 November 2022) that the Government is delaying the cap on care costs, in order to save the Government money. What is the cap on care costs? The reform was first...

Giving to charity in your will

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It is estimated that 40% of the UK want to leave a gift to charity when writing a will, but only 6.3% actually do. The organisation, Remember a Charity, has recently carried out a survey to uncover how many people leave gifts to charities in their wills....

What does an executor of a will do?

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Executors are responsible for dealing with the estate of someone who has died. They are the people that have been legally appointed by a person in their will to administer their estate. The role of an executor can be demanding, so when you make a...

Leaving a gift to a charity in your will

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Businessman, Hamish Ogston, has recently announced that he is leaving his £130m fortune to various charities and will not be leaving anything to his children. Parents are often referred to as “the bank of mum and dad” but for Hamish it is...

Can I have an eco-friendly funeral?

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I recently visited the Old Park Meadow Natural Burial Ground in Chelmsford which is a private natural burial ground which specialises in eco-friendly burial and ash interments. Old Park Meadow has over 34 acres of wildflower meadows and young woodland...

Can I leave gifts to charities in my will?

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Did you know that one of the best ways to support charities is to leave a legacy to them in your will? Charities often rely on donations made under a deceased’s will to keep the charity going financially, as most charities do not receive lottery...

Licence to gift! Daniel Craig will not be gifting his estate

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Daniel Craig has recently made the news, as he has commented again that his children will not inherit his £117 million estate when he passes away. His philosophy is “get rid of it, or give it away before you go”. Daniel, along with many...

Lasting Powers of Attorney - registration delays

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The Office of the Public Guardian (OPG) announced that severe delays in processing Lasting Powers of Attorney applications are due to social distancing rules limiting the number of people in the office. The OPG has stated that once the court fee is received,...

Leaving specific items to loved ones in your will

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You may have watched a recent episode of the BBC One show, the Repair Shop, where a lady was stunned after finding out a painting that had been passed down to her by her grandparents, was one of the earliest paintings of King Charles II. Often family...

Why Kate Garraway is unable to make decisions for Derek

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Kate Garraway’s situation regarding her husband, Derek Draper, and his battle with COVID-19 has hit the headlines several times over the past year. Derek has been in hospital struggling with the long-term effects of COVID-19 for over a year....

Could you be entitled to an unclaimed estate?

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If you pass away without leaving a valid will and no known family to inherit your estate, then your estate by law passes to the Crown as ownerless property. Ownerless property is often referred to as “Bona Vacantia”. If you have ever watched...

Options for paying for care fees

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Many people find it tough to hear that in most cases there is no getting away from the fact that you will have to pay for your own care needs. You work hard your whole life and then when the time comes and you need care assistance, your assets can easily be...

Do I need to make a new will if I remarry?

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Many people do not know that if you get married, this automatically revokes your last will prior to the marriage. To ensure that your assets pass in accordance with your wishes, you will need to update your will once you remarry. ...

Woman forged mother's will

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The Nottingham Crown Court has announced recently that a deceased’s daughter, Susan Johnson, has pleaded guilty for fraud. After Susan’s mother passed away in 2016, Susan forged her mother’s will by imitating her mother’s signature...

Attorneys - are you allowed to accept a gift?

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If you have been appointed as a Financial Affairs Attorney under a lasting power of attorney , then you have the responsibility to the donor to act in their best interests. In many instances, the donor appoints a family member or close friend to look after...

Can I leave anything in my will for my pets?

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When considering making a will , people automatically think about what people or charities they would like to leave their assets to. But what happens to your pets? Pets are often thought of as one of the family and your pet deserves to be looked after in a...

Increase of Capital Gains Tax allowance

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The Chancellor of the Exchequer, Rishi Sunak, presented the 2020 Budget on 11 March 2020 and announced that the government will be increasing the Capital Gains Tax allowance for the 2020/2021 tax year. What is Capital Gains Tax? ...