The rules of intestacy determine what happens to a person’s assets when they die without a Will. These rules have recently changed, but there is still a great deal of misunderstanding about them. Lucy Wilton, Solicitor in our Wills, Trusts, and Probate team discusses these common misconceptions. So, what happens if you die without a…
On Saturday 20th May, some brave members of the team at Penderlaw took part in the Pretty Muddy 5k challenge to raise money for Cancer Research UK which took place at the Stithians Showground. The weather was perfect for it and the team thoroughly enjoyed the event. Alice Vage from the Wills, Trusts & Probate…
Did you know that all UK resident trusts (with some exceptions) are required to be registered by trustees on the Trustee Registration Service (TRS) by 01 September 2022? Previously, only trusts with a tax liability (for example, income tax, inheritance tax, capital gains tax, stamp duty) had to be registered on the Trust Registration Service.…
Trusts are often perceived as complicated, surrounded by baffling terminology, expensive and only necessary for the super-rich, but as Solicitor Lucy Wilton explains, this is not necessarily the case and many of us may even have one without realising it! What is a Trust? Most of us have heard of Trusts, but may not have…
If you find yourself in the situation of losing a loved one suddenly, or unexpectedly discover you have been appointed as an Executor of an Estate, you may struggle to know how to locate the Will, or indeed, whether one exists at all. It can make a difficult time even more stressful. Leah Chenoweth from…
Being asked to be an Executor in someone’s Will is quite a compliment, but it can also seem rather daunting. There are cases where it is possible for the process to be quite straightforward, but equally, there are also Estates which can turn out to be much more complicated than was initially apparent, or where…
Making a Will is probably not the first thing you think of when you discover you are going to be a parent. Your mind is much more likely to be focused on more immediate thoughts as your busy life as a parent approaches rather than thinking about new parent Wills. Will I ever get any…
What is an LPA? A Lasting Powers of Attorney document (LPA) is a legal document allowing someone to make decisions for you, or act on your behalf, should you become unable to do so yourself. Having an LPA is especially important if you own a business. How do I go about choosing an attorney? When…
The term ‘Grandparent Will’ is becoming more widely used these days but how do you go about protecting your grandchildren’s inheritance with a grandparent Will exactly? What is it and what are the advantages of it? Lucy Duffin, from Penderlaw Solicitors explains… A Grandparent Will is what we would term a Flexible Will. Many couples…
Diego Maradona’s turbulent and colourful private life often hit the headlines during his lifetime and is doing so again following his death. Dying without a Will, despite his fame and fortune, and with numerous paternity claims and a series of tangled relationships, it is likely that there will be a lengthy and expensive legal battle…
