If someone dies and their estate is worth more than the basic Inheritance Tax threshold, their estate may qualify for the residence nil rate band (RNRB) before any Inheritance Tax is due.
Read MoreIf someone dies and their estate is worth more than the basic Inheritance Tax threshold, their estate may qualify for the residence nil rate band (RNRB) before any Inheritance Tax is due.
Read More20 potential scenarios outlining what could happen to your assets after your passing.
Read MoreAn executor is someone appointed in a will to distribute the estate of the testator in accordance with the wishes set out in the Will. Quite often, this will mean drawing in assets and paying any debts and liabilities owed before being able to make any of the gifts set out in the Will.
Read MoreDo you feel lucky enough to gamble your house and life savings? Or are you going to call Fern Wills, talk it through over a cup of coffee and avoid the 8 most common errors in Wills and the 40 most common errors in LPAs?
Read MoreCouples usually buy a property together as joint tenants, which means they both own the entire property, and the ownership automatically transfers to the surviving owner in case of one owner's death. If you want to gift your share of the home in your Will, you must change the ownership to tenants in common
Read MoreConsider the benefits of a free service as opposed to those that you paid for. This empowers you to make an informed decision and understand the true value of the services you're considering.
Read MoreThe concept of ‘common law marriage’ is only a myth and has no legal basis. In the eyes of the law, you could have met online yesterday. Unless.....
Read MoreA Letter/ Statement/ Memorandum Of Wishes is a handy document you can prepare in addition to your Will to provide extra guidance. There are so many uses for a Letter Of Wishes that we can’t list them all in one article, so we’ll focus on the most common uses for them:
Read MoreWe've heard some genuinely funny statements from our clients. So, let us share a few gems from our experiences.
Read MoreWhether a mobile home or houseboat, it is still your home. But do the Law and HMRC see it that way? Mobile residences are distinct from traditional property affixed to the land.
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