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Strange but true…

The shortest legal Will ever written reads `All to wife’ by Karl Tausch of Germany who died unexpectedly in 1967 The longest legal Will ever written – Frederica Cook an American housewife wrote her Will of 95,940 words in four gilt edged leather bound volumes it was admitted to probate in 1925. She had few […]

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inheritance-tax

Inheritance Tax and the Residential Nil Rate Band

The residential nil rate band (RNRB) has been with us for 2 years and provides an additional allowance before inheritance tax (IHT) is payable after someone has died. There are many variables in order to qualify for this relief. Currently the allowance is £150,000 each and is transferrable between marrieds giving potentially £300,000 of relief […]

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Wills

Leaving a digital legacy

In as little as two years (from 2012 to 2014), the public have produced more data than in all of human civilisation before that and it is still increasing at an exponential rate. While digital assets can take many forms such as online photos, subscriptions, music libraries, social network profiles, savings accounts or email accounts […]

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Overpaid Power of Attorney fees? How to claim a refund.

If you made an application to register a Lasting Power of Attorney or an Enduring Power of Attorney (EPA) at the Office of the Public Guardian (OPG) between 1st April 2013 and 31st March 2017, you are now entitled to a partial refund of the fee. You may also be entitled to interest on what […]

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Funeral Plans

Funeral Plans

Nearly one million people have already taken out a funeral plan due to the unique benefits that they can offer: In 2004 the average funeral cost under £2,000 but less than ten years later the average cost has doubled to around £4,000. According to a recent survey a funeral that costs £3,284 today will have […]

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