Wills and administration of deceased estates Archives

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When and why should I check the Executors named in my Will?

There are a few reasons why you should check the executors on your will regularly: •To make sure they are still willing and able to act. Your executors may have changed their circumstances since you appointed them. For example, they may have moved away, become ill, or...

Statutory Legacy sum is set to be raised later this month

The Statutory Legacy sum is set to be raised from £270,000 to £322,000 later this month in the UK. The increase, which will come into effect on July 26, 2023, is being made in accordance with the Administration of Estates Act 1925 (Fixed Net Sum) Order 2020. This...

WHAT IS INHERITANCE TAX? WILL MY FAMILY HAVE TO PAY?

Taxes have been in the news a lot lately. However, unlike Income Tax, Inheritance Tax (IHT) and the associated limits are not often adjusted. This is not necessarily a good thing. Inheritance Tax is a charge on the value of the estate of a person who has passed away....

PROBATE REGISTRY CHANGES JANUARY 2022, WHAT DO THEY MEAN FOR ME?

The Probate Registry and Inheritance Tax reporting system has undergone a number of changes in England over the last few years. There are some more changes that have been made in early 2022 to be aware of. Changes to fees There has been much controversy and debate in...

Futurity Wills and Estates – Sponsoring Age Concern Hampshire’s Remember a Charity Week

When we make our wills, we naturally want to make sure our loved ones are cared for. But through your will you can also leave something special to the many older people in Hampshire who have no one to turn to when times get tough. Leaving a legacy to Age Concern...

What happens if I don’t have a Will?

What happens if there is no Will? None of us like to think about death and dying, yet a Will is one of the most important things that you should have in place. Despite this fact, over half of UK adults (probably even more) do not have a Will. So, what happens if you...

STEP Qualified – what does this mean and why is it important?

The Society of Trust and Estate Practitioners (STEP) is the professional body who promotes high professional standards and education for all of its members Becoming a Full STEP Member is a benchmark many solicitors strive for: it is the top professional qualification...

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