The law never stands still, and the way it applies to you and your organisation is constantly evolving. Our people are on top of these developments and can keep you up to date with some of the most interesting aspects of these changes. Check out our articles and updates for our perspective on issues that might affect you.
A recent article in the Daily Telegraph reported that there has been a 61% increase in the number of people who are including charitable legacies within their Wills. The obvious question that follows is: how can donating to charity help you to preserve your wealth?
Taking on the role of Executor carries with it a great deal of responsibility. An Executor has the legal authority to administer an estate and as part of that process, must identify and value the deceased person's assets and ensure they are distributed to the relevant beneficiaries per the terms of the deceased person's Will, or according to the rules of intestate succession in Scotland. In attending to the executry administration, an Executor will often instruct a solicitor to assist them with the role, as there is a strict legal process to be followed.
Although the dynamics may be the same as with a marriage or civil partnership, cohabiting couples are not afforded the same legal protection when a partner passes away without a Will.
Leigh Beirne is an Associate in our Private Client team advising individuals and families. Here she looks at the whole issue of how care home fees can impact on your assets.
An interesting article recently featured in the press, detailing a family feud that occurred between Venetia Murray and her brother, Dale Brunt, over the £2 million inheritance of their brother Dean, who died tragically in an accident at the age of 35. By recording your wishes in a Will, you can avoid the anguish not to mention the time and cost suffered by the Brunt family in this scenario.