BLOG - Probate

• Inheritance Tax – Do you need a solicitor?

  

  12 Mar, 2019 Posted By:

  Even though Inheritance Tax (“IHT”) is based on a simple concept – whatever you own at the date of your death will potentially be subject to tax – the reality is often very complex.  Despite this, more and more people are taking up the Government’s offer to do their own DIY Probate.  What they don’t tell... read more.
  Tags: Wills and Probate , Probate , Tax Planning

• Government Imposes New Burden on Bereaved Families

  

  21 Feb, 2019 Posted By: D.Collins

  The Government proposes to increase Probate fees to as much as £6,000 for the largest estates in April 2019. This move is heavily opposed by MPs, Lords in the House of Lords, STEP, Solicitors For the Elderly, the Law Society and Solicitors across England and Wales. Fees structure The Law Society has been rallying for people to write... read more.
  Tags: Probate , Wills and Probate

• Dying in the Digital Age

  

  11 Dec, 2017 Posted By: Leanna Haskell

  Over the past five years, internet use amongst the over 65’s has increased substantially and figures are expected to rise dramatically over the next decade as an increasingly tech savvy population ages.  The question of what happens to our online presence when we die has never been so important.  What is a Digital Asset and why are... read more.
  Tags: Capacity , Inheritance , Probate

• Government Confirms Huge Increase In Probate Fees

  

  15 Mar, 2017 Posted By: D.Collins

  The government have announced that they will be proceedings with controversial plans to introduce huge increases to the fees charged by the Probate Court Service, for obtaining grants of Probate. At present, there  are flat rate fees which apply to all estates, of  £155 where the application is made via a solicitor, or £215... read more.
  Tags: Inheritance , Intestacy , Wills and Probate

• Inheritance Tax. The Law is Changing

  

  29 Nov, 2016 Posted By: D.Collins

  Last year alone the Inland Revenue collected £4,643,000,000 in Inheritance Tax. If you would like to reduce the contribution you make to that sum, it’s important to plan ahead and to think about Inheritance Tax when you make your will, and to review your plans when the government makes changes to the rules. The tax is payable by estates... read more.
  Tags: Tax , Wills and Probate , Wills

• Our private client department is expanding.

  

  27 Apr, 2016 Posted By: D.Collins

  The Partners  at FDC Law are pleased to announce that Leanna Knight has joined FDC Law Frome, as a member of the Private Client Department.   Leanna is a native of Frome and, she says, is delighted to be returning to her home turf to work! She  obtained her law degree from Bournemouth University, and has previously worked... read more.
  Tags: Frome , Inheritance , Intestacy

• Proposed New Stealth Tax on Estates

  

  25 Feb, 2016 Posted By: D. Little

  The Ministry of Justice have recently issued a consultation paper with their proposals to reform the application fees for Grants of Representation (The application made for Probate or letters of administration, to allow you, as their executor or administrator, to deal with their estate)  in England & Wales.    The MoJ propose... read more.
  Tags: Inheritance , Private Client , Probate

• Partner Wins Claim for Home

  

  17 Feb, 2016 Posted By: M. Taylor

  Joy Williams lived with her partner, Norman Martin for 18 years in a home they owned together. However, when he died unexpectedly in 2012, she found that, because they were not married, Mr Martin had not made a will, and the couple owned the property as Tenants in Common,  Mr Martin’s share of the house did not pass to her, but instead became... read more.
  Tags: Contentious Probate , Cohabitation , Inheritance