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Wills & Probate Blog

Our Wills and Probate solicitors regularly write about related legal topics and breaking news, we welcome your comments on our posts. If you would like more information on our services, please don't hesitate to get in touch on 01616 966 229.

 

Can I leave my business in my Will?

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Owning a business does have an impact on how you should structure your Will. It is important to consider who you want to inherit your shares or business interest. Making a Will can allow the business to pass to whoever you choose to take it over. A...

Inheritance tax receipts reach record high

Rachel Haywood
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Inheritance tax (IHT) receipts have reached record highs this year and in its latest tax receipt data published on 23rd June 2022, HMRC said that the high relates to a combination of larger wealth transfers made during the pandemic and rising values in...

Do I need Probate even if there is a Will?

Sophie Holmes
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It is a common misconception that Probate will not be required when a person has passed away leaving a valid Will. In fact, the requirement for Probate depends on the type of assets in the estate, the value of these assets and the way in which they...

The online 'MyHMCTS' portal

Sophie Holmes
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Plans to make applying for Grants of Representation more accessible and streamlined were introduced by the UK Government in 2017 and applications via the MyHMCTS portal, an online case management tool for legal professionals, became mandatory in November...

Where to begin when a loved one passes away

Andrew Welch
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Unfortunately, many of us will find ourselves at some point in our lives having to administer the affairs of someone who has passed away. As family and friends come to terms with their loss, here at Stephensons we are often asked the question –...

Probate - who gets paid first?

Andrew Welch
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After someone dies there is a strict order for dealing with their estate. It can take many months because in a lot of cases a grant of probate will be required before any money can be distributed to beneficiaries. Our information on grants of probate ...

Can you fast track probate?

Andrew Welch
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Unfortunately there is no easy way of fast tracking probate . There is no special process that is available to do it or extra fee that you can pay to get it done faster than normal. Essentially there are three main stages and at various times you may...

Does the government social care costs cap mean that you don't need to worry about care home fees?

Andrew Welch
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The short answer is no. You still have to think about how social care costs and care home fees will impact on you and your family. The government announced in the autumn of 2021 that it intended to “fix” the social care crisis by raising...

Is the administrator of an estate responsible for debt?

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When a person dies, their debt does not die with them. It can be a common misconception that the debt is written off but this is for the most part untrue. After someone dies, their estate is handled by one or more executors. Or an administrator if they do...

Do spouses automatically have power of attorney?

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A power of attorney is useful in the instance that a person becomes incapacitated, or in need of help with making decisions. This can include decisions on their finances and their health. The types of power of attorney include ordinary power of...

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