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What is a Nil Rate Band Discretionary Trust?

on 09-Mar-2023 09:34:06 By | Charlotte Toogood |
When writing your Will, you may include a Trust for certain portions of your estate, such as cash gifts or property. Alternatively, you may be acting as an Executor or Trustee for a Will that includes a Trust.
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Can the Executor of an estate sell the property?

on 23-Feb-2023 09:33:47 By | Nigel Merchant |
The Executor of an estate has the authority to sell the property of the deceased, as long as it is specified in the Will or authorised by the court. However, the Executor needs to be sure there are no surviving joint owners or clauses in the Will that prevent selling the property.
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Do I need a Solicitor for probate?

on 21-Feb-2023 09:19:00 By | Charlotte Toogood |
Following a bereavement, there are a number of tasks that need to be completed, which can make an already difficult time even more stressful. The Executor (if there is a Will) or Administrator (if there is no Will) is responsible for administering the deceased’s estate as per the wishes in their Will. They should consider: Whether probate is needed What’s involved in the probate process Whether a probate Solicitor is required In this blog, we aim to answer these queries and alleviate confusion around the probate application process.
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What should I do when someone dies?

on 13-Feb-2023 10:58:00 By | Nigel Merchant |
When a loved one passes away, the initial steps can be overwhelming. There are a number of tasks that need to be completed and it is often difficult to work out what should be done first. This can make an already tough time even more stressful. This blog aims to summarise the first steps to be taken following a bereavement.
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What happens if a beneficiary cannot be found?

on 11-Jan-2023 09:03:00 By | Nigel Merchant |
When someone passes away, their loved ones and those dealing with their estate are left with a variety of tasks that must be completed before inheritance can be distributed. If the beneficiaries of the deceased’s estate cannot be found, this can cause additional stress and work at a time that is already difficult.
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What happens to property when someone dies?

on 09-Jan-2023 11:24:00 By | Charlotte Toogood |
One question that we frequently get asked is “What happens to a property when someone dies?”. Following a bereavement, there are a number of tasks that need to be considered and ensuring that a property is dealt with correctly is one of the many responsibilities involved in estate administration. Coming to terms with the death of a loved one is a difficult and emotional process; therefore, it’s important to understand what to do with the deceased’s property to avoid any further stress and anxiety.
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Life insurance: Is it subject to probate?

on 07-Dec-2022 09:21:00 By | Nigel Merchant |
When a loved one dies and they have a life insurance or assurance policy, that policy may pay out a very significant sum. It’s only natural to question whether the payout forms part of their estate, which may be subject to probate, Inheritance Tax, and other taxes.
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What is the difference between probate and estate administration?

on 29-Nov-2022 09:05:00 By | Nigel Merchant |
When someone close to you dies and you’re dealing with the estate, it is easy to get overwhelmed when considering the upcoming tasks and the unfamiliar language associated with them. Firstly, it is important to understand the basics; this blog post aims to answer some of the most common questions associated with handling an individual’s estate after they have died, including:
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What is an Executor of a Will?

on 24-Nov-2022 10:27:31 By | Nigel Merchant |
For someone who has never dealt with a deceased person’s affairs, the legal jargon and complicated processes can be hard to digest; the tasks involved are unlikely to be previously encountered and come with a great deal of legal and financial responsibility. Unfortunately, this can make the difficult time of coming to terms with the death of a loved one even harder.
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