Intestacy – there’s no Will – what should I do?

Intestacy  - There's no Will - what should I do? When a loved one passes without leaving a Will, they are said to have died 'Intestate' and their estate should be administered in accordance with the 'Rules of Intestacy'. This sets out who can administer the estate, and who can benefit from it. Intestacy occurs [...]

Which Power of Attorney to use?

Power of Attorney. There are three types of Powers of Attorney to use: A General Power of Attorney (GPA) A Lasting Power of Attorney (LPA) for Property and Financial Affairs A Lasting Power of Attorney (LPA) for Health and Welfare The difference between a GPA and a LPA, is that a GPA is much simpler, [...]

Jointly owned property and Inheritance Tax

You may have heard the phrases 'joint tenants' or 'tenants in common' in relation to jointly held property. Although both terms have 'tenant' in the title neither relate to renting or 'tenancies' in the everyday understanding of the word, but refer to joint ownership. This legalese is confusing and on the face of it irrelevant, [...]