Harbour Wills & Estate Planning

05/01/2020

A thoughtful article about who this couple who don’t have kids decided to leave their estate to.

It is far more complicated to lay out our wishes than it would be for someone who might leave all of their belongings and assets to their children.

14/12/2019

Essential tips for finding a good estate planner: Estate planning is a critical part of financial planning, but something many Americans procrastinate about. Yet drafting a will and a health care proxy or power of attorney, maybe creating a trust, and maximizing your loved ones’ inheritances by minimizing taxes are all important matters you don’t want to leave to chance. https://on.mktw.net/31XC4kL

12/12/2019

This note looks at the debate on the treatment of spouses and civil partners for the purposes of inheritance tax, principally in the context of the passage of the Civil Partnerships Act 2004, and the provisions in Budget 2005 to ensure the tax system treated each in the same way. http://bit.ly/2MZ7fbp

This note looks at the debate on the treatment of spouses and civil partners for the purposes of inheritance tax, principally in the context of the passage of the Civil Partnerships Act 2004, and the provisions in Budget 2005 to ensure the tax system treated each in the same way.

10/12/2019

Having a power of attorney is highly important for those in the agricultural community as it allows nominated individuals to step in and take control in the event of a loss of capacity, for example through old age, illness or injury. http://bit.ly/2pdqhSh

06/12/2019

What happens to my digital assets when I die? There is widespread confusion about the rights people have over their digital assets, according to a new survey from law firm VWV. Even though virtually all adults in the UK now have digital assets, fewer than 25 per cent are confident that they know which ones they actually own, and only six per cent have specifically included digital assets in their wills.

http://bit.ly/2pnLGIg

There is widespread confusion about the rights people have over their digital assets, according to a new survey from law firm VWV. Even though…

04/12/2019

In England and Wales, the law around wills dates back to Victorian times. To make a valid will, you need to jump through some very rigid hoops. I f you are not married but live with a partner, neither of you have rights under intestacy. So neither your partner, nor any children he or she has, are guaranteed anything in the event of your death - and vice versa.

http://bit.ly/2ou9km9

02/12/2019

My elderly father refuses to use his oxygen tank — will our stepmother get all his money if he dies without a will? https://on.mktw.net/2PcHC9Q

30/11/2019

8 tips to make estate planning easier http://bit.ly/2qOHdyG

The worst mistake you can make is not having a valid will.

28/11/2019

"
My brother died two days before he could make a will leaving his house to my son: His estranged children are now selling it - what can we do?" https://dailym.ai/2NpgAbq

27/11/2019

Permission to marry granted, despite capacity questions

The England and Wales Court of Protection (COP) has granted a 28-year-old man permission to marry his fiancée, even though he lacks capacity to manage his property and affairs.

The man, P, has had learning difficulties since childhood. In adulthood, the loss of his leg in a road traffic accident resulted in him receiving an injury compensation award of GBP1.5 million. A deputy, Adrian Mundell, has been appointed to manage his financial affairs, including his compensation, which has been partly spent on buying him a home and partly invested on P's behalf.

http://bit.ly/2JRgBE5

26/11/2019

Use of nickname doesn’t make a Will invalid:As long as the Will is clear on the intention and as to the person (beneficiary) to whom the testator wanted to bequeath the property, use of a nickname of the beneficiary should not prevent the Will from taking effect

http://bit.ly/2pqR90X