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23 March 2015 0 Comments Posted in Opinion, Private Client

Warning about unintended consequences of trying to close inheritance tax loophole

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Chancellor George Osborne this week vowed to crack down on people who make use of a legal loophole to avoid inheritance tax.

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11 March 2015 0 Comments Posted in Opinion, Private Client

Why it’s important to have a clearly drafted Will

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Fiona Feggetter discusses the importance of having a clearly drafted Will and a letter of wishes to reduce the likelihood of beneficiaries contesting the contents as has happened to the estate of the late actor and comedian Robin Williams.

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2 March 2015 0 Comments Posted in Opinion, Private Client

Heavy penalty for undisclosed lifetime gift

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A man recently received a £87,000 penalty from HM Revenue and Customs, after he failed to tell his father’s executors about a substantial sum of money he had received a few months before his dad’s death.

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Risk to people who aren’t up to speed with new pension rules

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The threat of fraudsters has highlighted the importance of people seeking advice about the forthcoming pension reforms.

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More people choose to leave charity legacies

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The number of people have left a charitable gift in their Will is at its highest level since 2010, according to new research published by Remember A Charity. The survey of 1001 people aged over 40 was commissioned by the …

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20 February 2015 0 Comments Posted in News, Opinion, Private Client

Number of people leaving legacies in wills is increasing

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The number of people have left a charitable gift in their Will is at its highest level since 2010, according to new research published by Remember A Charity. The survey of 1001 people aged over 40 was commissioned by the …

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30 January 2015 0 Comments Posted in Videos, Withy King Insights

Royds Withy King Insights: Lasting Power of Attorney

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Arranging a Lasting Power of Attorney (LPA) is often needed in times when you travel abroad for a length of time and require someone at home to take care of your affairs for you. An LPs is also the best solution when you …

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Changes announced by the Office of the Public Guardian

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Deputies appointed by the Court of Protection could be subject to stricter supervision, under proposals published last month.

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21 January 2015 0 Comments Posted in Videos, Withy King Insights

Royds Withy King Insights: Court of Protection

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Consumer protection law

The Court of Protection, which has unfortunately been labeled as ‘the secret court’ in the media, is a court which has been set up to protect the interests of people who lack capacity to make decisions for themselves. See experienced …

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19 December 2014 0 Comments Posted in Opinion, Private Client

A third of all adults expect to inherit

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One in three UK adults expects that they or their partner will inherit money or property of some value, according to recent research.

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12 December 2014 0 Comments Posted in News, Opinion, Private Client

Royds joins Wills and Inheritance Quality Scheme

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City-based solicitors Royds LLP has been accredited to the Wills and Inheritance Quality Scheme (WIQS).

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5 December 2014 0 Comments Posted in Opinion, Private Client

Dirty (pensions) tricks! – Insurers mount an increasingly desperate rearguard action

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In the last few weeks we have been bombarded by press stories warning of “the most horrendous retirement income car crash” next year, that 200,000 pensioners will “blow their pensions” next year, and that HM Revenue and Customs will be overwhelmed next year and will apply emergency tax codes to any payments from pension schemes, so that 40% (or even 45%) tax will be applied to payments as low as £17,000.

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