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Repayment of loans from a relative when they die

United Kingdom - August 28 2019 Family and friends often make loans to each other to provide financial assistance when they need it. If the lender dies prior to the repayment of the…

The dangers of not having a Lasting Power of Attorney

United Kingdom - August 18 2017 This week, retired Court of Protection judge, Denzil Lush, commented on the BBC 4 Today Programme that in his opinion, there are significant risks…

Executors - Beware Of Family Arguments Over Funeral Arrangements

United Kingdom - September 26 2017 It will be no surprise to most readers that the invoice from the funeral directors can be settled legitimately from the deceased’s estate.Cash flow…

What powers to make gifts does my attorney have?

United Kingdom - October 10 2019 A group of recent test cases have brought attorney’s powers to make gifts on behalf of the donor in to the spotlight. Attorneys have powers to make…

Executors and Beneficiaries - Beware of Penalties from HMRC

United Kingdom - March 31 2016 In a recent case a beneficiary has received an £87,000 penalty from HM Revenue & Customs for failing to tell his father's executors about a cash gift…