I am going to inherit some money…what do I do? If you are not sure what to do with inheritance, we have outlined some options available to you in this article. There are two potential situations. The first is you think that when your Mum Dad or Auntie dies, you will...
Q&A: Understanding Power of Attorney At Herrington Carmichael we are seeing lots more of our clients living a much longer life. The WHO (World Health Organisation) says life expectancy has increased by more than 6 years to 73.4 between 2000 and 2019, and while we...
What happens to My Bitcoins when I die? It has been almost impossible to miss the rise of cryptocurrency in our increasingly digital world. For instance, I have watched far too many online videos preceded by adverts encouraging me to trade in cryptocurrencies and even...
Funeral Disputes and the rights to your body Rights to the body and funeral disputes are not uncommon. Disputes arise over concern about the final resting place of the deceased’s ashes or perhaps about a style of coffin. It is not surprising particularly if one...
What happens to digital assets when you die? Our increasing concern about security, privacy and protecting our identities online means that people are taking more care securing their digital assets, including making passwords more complex, not writing them down and...
What do I do with an Inherited weapon? When someone dies, those that are left behind are left to organise their belongings in accordance with their wishes. This is the job that Personal Representatives undertake during the administration of the Estate. Less frequently...
Unfairly left out of a Will? Under the Inheritance (Provision for Family and Dependants) Act 1975, a person may have a valid claim against an estate if they have been left out of a will. This note provides a brief explanation of who may claim, on what basis, and for...
Making a cheap Will is a bad idea! Private Wealth Services We all like a bargain, don’t we? It is quite common to see Wills being advertised “on the cheap”, at the price of an average meal down the pub. However, Will writing companies have spent money to advertise at...
The pros and cons of moving the tax year end Private Wealth Solicitors The last couple of reports from the Office of Tax Simplification (OTS) that this writer has read have been bad for his blood pressure, they seemed designed to remove most of the last vestiges of...
Private Wealth – I’ve won big, but what happens next? Private Wealth Solicitors We all fantasise about it, some of us are lucky enough to have won a few pounds here and there, but what actually happens if you win the jackpot on the lottery. Like most of...
