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11 ore fa · Conclusion. Caveats serve as a vital mechanism in probate proceedings, allowing Claimants time to investigate their position and enabling the parties to resolve disputes before the estate is administered. However, their use should be approached with caution and diligence. Both claimants and executors must act promptly and reasonably to ensure ...
11 ore fa · Being a trustee entails acting as a fiduciary, meaning you have a legal obligation to act in the best interests of the trust and its beneficiaries. Your role involves managing the trust assets, making informed decisions, and ensuring compliance with applicable laws and regulations. One of the primary responsibilities of a trustee is preserving ...
11 ore fa · This was introduced in 2017 and is an additional nil rate band of £175,000 open for use where an individual is gifting their main residence to a direct descendant. The availability of the residence nil rate band is reduced by £1 for every £2 that an estate exceeds the value of £2 million. The residence nil rate band can only be set off ...
11 ore fa · Blended families have become more common, and the intricacies of relationships and the sharing of assets can present unique challenges in estate planning. Drafting a Will within a blended family context requires a delicate balance of consideration, sensitivity and fairness. Blended families often involve children from previous relationships, stepchildren, and sometimes, new children from the ...
11 ore fa · Working in the firm’s private client practice at its York office, Jennifer has over 18 years’ experience, including expertise in advising on wills and lasting powers of attorney. She also specialises in lifetime tax planning, and the creation and administration of trusts and estate administration, in particular, estates with complex issues and agricultural estates.
11 ore fa · A trust is an effective tool to safeguard assets from creditors or individuals who cannot make sound financial decisions, ultimately protecting your wealth. By holding your assets in a trust ...
11 ore fa · You decide who inherits what and can appoint someone to deal with the administration required to wind up your affairs. Avoid the potential issue which may arise if you die without a Will. Contact our Private Client team to start the process of getting your Will drafted. Tel: 0131 622 2626 E-mail: enquiries@vmh.co.uk.
