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Posted by Mandy Casavant, Senior Associate
The families of frontline carers are to be exempt from inheritance tax should they die as a result of Covid-19 through the course of their work thanks to an exemption to legislation first created for serving personnel and emergency services.
Posted by Mandy Casavant, Senior Associate
About a decade or so ago, a new way of exchanging value was born. It would be generically termed “ cryptocurrency” and the first hatchling was called Bitcoin.
Posted by Mandy Casavant, Senior Associate
Have you ever wondered why some Will writers charge as little as £19.99 for making a will, whereas some companies can charge over £1,000?
Posted by Mandy Casavant, Senior Associate
Life used to be so simple. A person would die and their house, bank accounts and shares were all easily identifiable. The house would contain drawers of private letters and photographs, all dealt with by the Executors of the Will. But now, a person dies receiving hardly any hard copy post. Their life is charted in the on-line ether. A whole life is recorded in Facebook check-ins, Instagram images, Tick Tok videos, and banging playlists.
Posted by Mandy Casavant, Senior Associate
For many, owning a home is a result of a life’s hard work which they hope to pass on to loved ones after death. It can come as a shock to realise that their home may need to be sold to fund their care at a care home. Care funding can seem like a complicated area to get to grips with so we explain the key areas in more detail.
Posted by Mandy Casavant, Senior Associate
Organ donation is an emotionally charged topic. On the one hand it is impossible to separate it from the grief and sadness that comes with a person’s death. On the other, it provides a unique opportunity to save someones life, and can allow something positive to exist in its place by giving comfort to those who have lost a loved one.
Posted by Mandy Casavant, Senior Associate
No matter how much your house is worth, most people will have buildings insurance as it’s generally a requirement of most mortgage lenders. But it’s a little known fact that not buying contents insurance for your property is getting some wealthy individuals who employ staff on their properties into hot water.
Posted by Mandy Casavant, Senior Associate
There has been a recent increase in cohabiting couples marrying at the last minute. So-called ‘deathbed weddings’ are to ensure that the surviving partner receives financial support when their spouse dies. The problem is that cohabiting couples are not treated the same as couples who are married or in a Civil Partnership, and could therefore suffer some shocking consequences as a result.
Posted by Mandy Casavant, Senior Associate
As people look for alternative ways to invest their money there are increasing numbers of estates which include digital currencies. However there are several issues that can arise, which can make dealing with their administration complex, time consuming and in some cases can mean that the asset is lost in its entirety.
Posted by Mandy Casavant, Senior Associate
Retirement has been changing; with longer life expectancy, changing working habits and older generations increasingly assisting younger generations. For those planning their futures, it can be essential to take estate planning advice, make Lasting Powers of Attorney and keep an up to date Will.
Posted by Mandy Casavant, Senior Associate
In a world where technology is rapidly changing, and wealth and assets are becoming increasingly fragmented and difficult to define, managing your legacy and understanding the value of your family’s assets is not simple. Specialist Mandy Casavant discusses the importance of making sure your family know the value of your collections and assets, and how our unique Life Safe portal can help you do this.
Posted by Mandy Casavant, Senior Associate
Where would we all be without technology? Look at your own daily life from waking to bedtime. Social media, PayPal and online banking, downloaded music catalogues, eBay, Amazon, email accounts, mobile phones, electronic address books… it’s endless. But what would happen if you were to die? Have you given any thought to your digital legacy?