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Articles by Grainne Feeney
Law Commission Recommends Major Reform Of Burial And Cremation Law: What Families Need To Know
The Law Commission has published its final recommendations for reforming burial and cremation law in England and Wales. The final report is over 380 pages long (the summary of approximately 30 pages has also been published) and sets out 62 recommendations in total. If implemented, the proposals would update an area of law that has developed over many years and help create a more consistent legal framework for families, funeral professionals and burial ground operators.
Famous Estates And Lasting Legacies: Damien Hirst
Grainne Feeney’s articles from Anthony Gold Solicitors LLP are most popular: within Family and Matrimonial topic(s) in United Kingdom Anthony Gold Solicitors LLP are most popular: within Law Department Performance and Criminal Law topic(s) For many people, the word “legacy” brings to mind belongings, property, money, or charitable gifts left behind in a Will. For others, legacy is about reputation, values, creative work, family history, or the impact they hope to have long after their lifetime.
Estate Planning Isn’t Just For Homeowners
Anthony Gold Solicitors LLP are most popular: within Law Department Performance topic(s) with Senior Company Executives and HR Recent research has found that only 24% of renters in the UK have a will, compared to 45% of people with a mortgage. The figures suggest that many renters may see making a will as something to think about later in life or only after buying a home. It is easy to understand why. Many people associate wills with property ownership or significant wealth.
Against Your Will
Grainne Feeney’s articles from Anthony Gold Solicitors LLP are most popular: in United Kingdom Anthony Gold Solicitors LLP are most popular: within Law Department Performance topic(s) Undue influence is a notoriously difficult claim to make in the context of Will-writing, as the now-deceased testator would usually be the best person to ask if they were put under pressure to sign a Will.
Inheritance Tax Receipts Continue To Rise In Latest HMRC Figures
Anthony Gold Solicitors LLP are most popular: within Law Department Performance topic(s) The latest figures published by HMRC show that Inheritance Tax (IHT) receipts continue to generate significant revenue for the Treasury, maintaining the upward trend seen in recent years. In the most recent reporting period, IHT receipts reached a notably higher level than the same period in the previous tax year, reinforcing the steady increase in tax collected from estates.
Wills, Probate, And Modern Estate Planning: Navigating The Shift Toward Testamentary Substitutes
When setting out how their assets should be distributed after death, the last Will and Testament has always played a crucial role in helping individuals. Yet in recent years, there has been a noticeable shift towards testamentary substitutes caused mainly by concerns over the probate process being too costly and time-consuming.
Does the eldest son inherit the entire estate and wealth? Not Always
It is often thought that when a person passes away the family gather for a formal reading of the will, but whilst that might be requested, it is not something that usually happens. Instead, it is up to the executor to decide when to share the will with others. Of course, once the will is probated it becomes a public document and copies can be obtained from the Probate Registry.
Benefits of Charitable Legacies in Wills
Many UK residents are recognising the dual benefits of charitable legacies in Wills. Beyond the altruistic satisfaction, such gifts may reduce the inheritance tax (IHT) rate upon death from 40% to 36%. Dive deeper into will-writing essentials here. What are Charitable Legacies? A charitable legacy is a testamentary gift made to a charitable organisation. These legacies are pivotal in assisting charities in furthering their causes.
Power of Attorney Bill - A Brief Update (December 2022)
On 7 December 2022, a Bill was introduced to amend the way lasting powers of attorney (LPA) are made. The changes, if passed, provide for further (secondary) legislation and include some considerable amendments to the Mental Capacity Act 2005 (MCA 2005).
Acting As A Trustee – ‘To Be, Or Not To Be? That Is The Question?' - Wealth Management - UK
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Acting as a Trustee - ‘To be, or not to be? That is the question?’ | Lexology
United Kingdom
August 4 2020 Being appointed as a Trustee or indeed executor, deputy or attorney creates a fiduciary role under common law which gives rise to a relationship of trust and confidence. Fiduciary duties are in addition to a trustees duties, all trustees are fiduciaries but not all fiduciaries are trustees. There is an ethical and legal responsibility to the client, a relationship that requires trust and prudence on the part of the fiduciary.
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