This is a bold statement to make but there are two good examples I can cite.
Picture two elderly parents who own their property as joint tenants. When one dies the survivor will be the sole owner of the property. If the surviving parent goes into care then the value of the property, save the exemption [...]
I was invited to contribute to the Jonathon Vernon-Smith radio show on BBC 3 Counties today.
The format is a phone in show with the public sending emails and texts to add to the flow. The topic was “Inheritance, Is It Worth The Hassle?”
There were a number of very interesting contributions before I joined in. A central theme was whether being disinherited [...]
‘Probate’ is a term used when talking about applying for the right to deal with a deceased person’s affairs. It’s sometimes called ‘administering the estate’.
If the person who has died leaves a Will
Normally executors named in the Will deal with the person’s affairs after their death.
An executor applies for a ‘grant of probate’ from the probate registry. The ‘grant’ is a [...]