• Basic Wills from £150.00
    Basic Wills from £150.00
    Without a valid Last Will and Testament any assets you leave on death will be distributed according to the Rules of Intestacy. These rules lay down a rigid method of estate distribution and make no account of your wishes. Click the image to read more...
  • We realise that most people haven’t experienced probate before. Probate is the administration of a deceased’s Estate by the appointed “executors” in the Will, usually family members. At an already difficult and emotional time, the complexities of executing a Will and establishing any appropriate Trusts can be an arduous task. Click the image to the left to read more...
  • Inheritance Tax is simply a tax on money or possessions you leave behind when you pass on.It can also apply to some “gifts” you make during your lifetime. It is therefore vital that you receive professional Inheritance Tax Advice on your position to minimise the impact and tax paid should the worst happen, ensuring that your loved ones receive as much of your money as possible. Click the image to the left to read more...
  • Without a valid Last Will and Testament any assets you leave on death will be distributed according to the Rules of Intestacy. These rules lay down a rigid method of estate distribution and make no account of your wishes, unless you write a will. Click the image to the left to read more...
  • Lasting Powers of Attorney from £195
    Lasting Powers of Attorney from £195
    Often serious illness or accidents strike without warning. Last year, for example, approximately 130000 people suffered strokes. Without a Lasting Power of Attorney being available this is when it becomes difficult... Click the image to the left to read more...

1925 Intestacy Rules changed

With effect from 1 October 2014 a new piece of legislation called “The Inheritance and Trustees Powers Act 2014” comes into force abolishing previous rules established in 1925. These relate to persons who die without leaving a Will.

From the beginning of this month where a person dies without a Will and leaves a spouse (or civil partner ) and children, then the surviving spouse or civil partner will inherit the first £250k of the estate plus the deceased’s personal chattels. They will also inherit one half of the balance of the estate outright whilst the remaining half will be inherited by the children or other descendants of the deceased person.

If the deceased person had no children or descendants then the whole estate would be inherited by the spouse or civil partner.

Personal chattels have been redefined to include all tangible movable property except for money,securities for money,property used mainly for business purposes or property held solely for investment.

These rules apply to estranged spouses or civil partners which makes it even more imperative for a Will to be created when a marriage breaks down.

Once again the importance of making a Will upon the acquisition of an asset ,marriage and the start of a family is essential for all concerned