A Lasting Power of Attorney (LPA) is a legal document that allows someone (the donor) to appoint one or more individuals (attorneys) to make decisions on their behalf if they lose the capacity to do so themselves.
Don’t let contentious probate affect your estate
Navigating the aftermath of a loved one’s passing is challenging enough without the added strain of legal disputes over their estate.
Understanding the risk – Certificates of independent legal advice
Entering into a financial loan agreement or granting security/guarantee creates legal obligations to comply with the terms of the agreement – with potentially significant risks for those liable if repayments are not made.
No Will? You might need Letters of Administration
Letters of Administration are legal documents granted by a probate court that allows the administrator – also known as the personal representative – to manage and distribute a deceased person’s estate in cases where there’s no Will.
Navigating the Residence Nil Rate Band – How it effects your Inheritance Tax bill
When it comes to Inheritance Tax (IHT) planning, understanding the nuances of the Residence Nil Rate Band (RNRB) can be a game-changer for homeowners in the UK.