One of our Private Client Solicitors at Neves, Nina Gurra, will be appearing on Radio Verulam's The Parents' Show on Thursday 8th February at 8pm.
Legal Resources and News
Read jargon-free articles and guidance pieces written in-house by our solicitors and keep up to date with what's happening at Neves.
Excluding People from Your Will and a very brief look at Lady Lucan’s Affairs
Although sizeable to many people, Lady Lucan’s estate was worth in the region of £575,000 when she died last year, which was admittedly less than some were expecting.
There is no doubt that in the UK Inheritance Tax is not a universally popular tax.
Many taxpayers are unhappy that the wealth they have accumulated during their lifetimes will already have been taxed as it was earned, and there is a strong feeling that to tax assets twice is simply not fair.
Many people aren’t aware that any existing Will they have will be automatically revoked on marriage, unless it was drafted in a specific way to prevent this from happening. A lot of people make the incorrect assumption that because they are married, they don’t need a Will, thinking that all will pass to their spouse on their death.
I was interested to read this week that there is another new initiative to try and reform the laws of intestacy to include cohabitees.