Displaying articles by tag: solicitors in truro

Lasting Powers of Attorney – What you need to know

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…

Protecting your Grandchildren’s Inheritance with a Grandparent Will

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…

What will happen to your ‘digital life’ when you die?

Some thoughts on your digital life and passing on your digital memories, amongst other things… Winter used to be a time when I would sit by the fire and spend time making up photo albums from the year gone by. A cosy heart-warming thing to do on a cold evening, looking though memories of summer…

Separating when you are unmarried with children

More and more couples are choosing to live together before getting married or are choosing not to get married at all. More than half of children born in the UK in 2017 were born to unmarried parents. The increase in the divorce rate as a result of the pandemic has been much publicised, but what…

Estate Administration & Probate: A Beginner’s Guide

There is a bewildering array of terminology used around the process of dealing with a person’s assets and liabilities when they die.  Lucy Duffin from Penderlaw’s Wills, Trusts and Probate team runs through the basic terms associated with Estate Administration and Probate and discusses issues which can commonly arise with DIY Estate Administration. Words such…

Can I get divorced during the coronavirus pandemic?

Being quarantined and self-isolating is tough even for happy couples.  But for those contemplating separation or divorce, this period is even more difficult as existing tensions are magnified.  You might think that as everything seems to have ground to a halt during the pandemic that it would not be possible to get divorced, but this…

Minimising inheritance tax with lifetime gifts

Will Inheritance tax apply to me? Many people do not consider themselves to be wealthy enough to be affected by inheritance tax and unfortunately get caught out by life’s final taxation. With over 28,000 estates liable for inheritance tax in 2016-17, it’s worth looking at ways to legally minimise the amount of inheritance tax your…

Making a Will whilst in self-isolation

In these strange and unprecedented times the Law Society are reporting a huge increase of people understandably either making or updating their wills or setting up a Power of Attorney. Something in the order of a 30% increase on the average. Possibly unsurprising but the process itself is not without its challenges at this difficult…

Will you still love me when I’m 64?

Silver Splitters: the rise of divorce amongst the over 60s A twin trend has developed in recent years with more couples over 60 getting married, but also more getting divorced after many years of marriage. The increase in the number of over 60s getting divorced has given rise to the term the ‘silver’ or’ grey’…