Challenges in Dealing with Deceased’s Remains Who has the right to deal with my body after I die? With the news that the Law Commission is set to review the “ancient laws” over what happens with a deceased’s remains, we look at the current state of affairs in...
Why do I need to write a Letter of Wishes to go with my Will or lifetime trust? Very often a Will gives the executors discretion as to how to administer an estate. The Will or lifetime trust might create a discretionary trust which the trustees have discretion over. A...
When choosing to buy a property with someone else, it’s important to consider what would happen to your share if you were to pass away. There are two different ways of owning a property jointly: as joint tenants or as tenants in common. Joint tenants If you own a...
Contrary to popular belief, it is possible to secure a mortgage once retired or over the age of 60. However, aside from the usual risks associated with obtaining a mortgage, there are a number of extra considerations that retirees or borrowers in later life should...
What is the Trust Registration Service? The Trust Registration Service (TRS) is an online service for trustees, or their agents (e.g. accountants or solicitors) to provide information to HMRC about their trusts. The register is the government’s way of checking Trusts...
There are many misconceptions about debt and inheritance. It’s not correct that when a person dies, their debts die with them or that their family members are responsible for paying their debts. When someone dies their debts are normally paid out of their estate...
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