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Wills, trusts & probate

New statutory legacy sum introduced – what does this mean?

In the latest update to intestacy rules (meaning the rules that take effect when someone dies without a will), the government has increased the fixed sum that partners with children […]

Are you a trustee? Know your obligations

The last few years have seen a dramatic increase in trust regulation and the penalties for non-compliance can be onerous, requiring great care by trustees. Trust Regulation Service (TRS) Legal […]

Wills Act changes allow video witnessing : a much-needed update, or risky business?

Changes to the Wills Act are set to allow video witnessing of wills in some circumstances. But while bringing the law up-to-date with today’s lifestyle is no bad thing, hastily-made […]

Non-resident capital gains tax: what you need to know

If you own property in the UK but do not live in the UK, you should make sure that you comply with non-resident capital gains tax (NRCGT) rules, including the […]

A guide to domicile elections; inheritance tax on UK and foreign assets

If you are UK-domiciled (broadly meaning the UK is your permanent home), you have to pay inheritance tax on worldwide assets. If you are not UK-domiciled, you only have to […]

Your digital legacy: what happens to your assets after you die?

Most people have heard of cryptocurrencies such as Bitcoin and and would recognise those as a digital asset. However, what about social media, email accounts, digital music, online accounts for […]

Charitable legacies – the benefits of leaving a gift in your will

At Willans, we recognise that there is a wide range of local and national charities that our clients support throughout their lifetimes, whether this is through regular donations or volunteering. […]

The probate process: key steps explained

When someone dies, you may need to apply for a grant of probate or letters of administration in order to deal with their estate. For ease, references in this article […]

Probate fees: the ‘stealth’ tax

An update: After the latest edition of Your Life & the Law was published, we are pleased to say that after much debate and challenge, the government has decided not […]

Succession planning for business owners; top tips

If something unexpected befell one of the key people involved in running your business, what would happen? It is important that every business has a crisis plan in place to […]

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