by Legacy Insights | Apr 27, 2021 | Uncategorized
When someone dies without leaving a Will, their estate is distributed according to the Rules of Intestacy (the Rules). The Rules state that the first £270,000 in the estate passes to any spouse or civil partner of the deceased. For this reason, it is important to...
by Legacy Insights | Feb 9, 2021 | Uncategorized
Lasting Powers of Attorney offer huge benefits to individuals, but their advantages are often forgotten when it comes to businesses. A Lasting Power of Attorney (LPA) allows someone to appoint a trusted representative to act on their behalf once they lose the capacity...
by Legacy Insights | Dec 29, 2020 | Uncategorized
When something is given away, but the person making the gift still retains the use of it, it is known as a gift with reservation of benefit (GROB) A GROB commonly occurs when parents give their property to their children but continue to live there. While the property...
