Blog
A blog from Harries Watkins Jones
News, information and explanations about Probate, Wills, Lasting Power of Attorney, Inheritance Tax and related topics, from our team of tax and legal experts. We hope you find them useful and informative. If you have any suggestions for future articles please let us know.
Making sure your Will is valid
There are many good reasons for making a Will. Next step is deciding whether to draft your own DIY Will or seek professional Legal advice.
How Does Marriage and Divorce affect your Will?
Your Will is automatically revoked (cancelled) if you get married after you have signed and executed it unless you provide a clause in your Will stating that you intend to get married and the name your future spouse.
Does giving your assets away save Inheritance Tax?
As Inheritance Tax (IHT) is calculated on the value of the estate at death (the assets that you leave when you die), reducing the value of the estate through gifts is the most basic form of IHT planning.Â
What will happen if I die without a valid Will?
If you die without making a valid will you will be said to have died intestate. This means that there are special rules which will then decide who inherits your estate.
Do I Need a Lasting Power Of Attorney?
A Lasting Power of Attorney is a legal document which allows someone you trust to make decisions on your behalf or act for you if you are no longer able to make them yourself or if you no longer wish to.
Probate Fees set to rise again
Recent News that Probate fees are set to rise have been met with mixed feelings from those within the Legal profession and the Public.
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