Commercial Lease Exits: A Guide For Tenants There are many reasons why a tenant might want to exit a commercial lease and often the decision is driven by a need to cut costs or to make business changes. Whatever the reason, how does a tenant exit a commercial lease? The answer is by transferring the […]
When someone dies, the value of their estate is calculated for inheritance tax (IHT) purposes. There is a timeline for when the IHT amount must be sent to HMRC – but what happens if there is no cash in the estate? What Is Inheritance Tax? Inheritance tax (IHT) is a tax that must be paid […]
Your Guide To Setting Up A Charity There are many reasons for setting up a charity – it can be a great way to honour a loved one’s memory to ensure their name lives on and that you’re able to do some good in the process. Or you might want to help those in need […]
More and more estates are selling properties for less than the value price given to HMRC during probate, resulting in property being sold at a loss and estates paying too much inheritance tax (IHT). Why Are Some Estates Paying Too Much IHT? The reason why this is occurring more frequently is due to a combination […]
Advice For Potential Plans For Divorce With a new year comes new year’s resolutions – and for many, these include starting afresh in their relationship. Divorce may be on your mind this new year if you’ve simply had enough of your unhappy marriage and want a new beginning. Or you might have decided to take […]
The Government passed the Administration of Estates Act 1925 (Fixed Net Sum) Order 2023 to increase the Statutory Legacy amount when someone dies intestate, from £270,000 to £322,000. This change to the Statutory Legacy applies to anyone who dies intestate after 26 July 2023. What Is The Statutory Legacy? This is the amount of inheritance […]
When a loved one dies, the executors and family members will search for the Will to see how the deceased wished to have their estate distributed – but what happens if only the copy Will is found and not the original? The Importance Of The Original Will Most people store their original Will in a […]
If you’re a landlord, you’ll understand the residential eviction process in England and Wales is not always straightforward – which is why it’s beneficial to use the services of a solicitor to carry out the proceedings on your behalf. Reasons For Landlords To Use A Solicitor To Evict A Tenant Advice Evicting a tenant can […]
Tips for Buying Property with Loft Conversions Properties that feature an old loft conversion are often appealing because of the gained extra space – however, it’s important to always check that the relevant planning permissions and building regulations are in place before going ahead with the purchase. Do Loft Conversions Need Planning Permission? Loft conversions […]
Your Guide To Probate The loss of a loved one is naturally a difficult and distressing time, and dealing with the administration and distribution of their estate can be challenging. What Is Probate? Probate is the process of applying to the Court for an individual to be given the authority to deal with the estate […]
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