Category: Private Client
May 2024
“I don’t need a Lasting Power of Attorney because…”
Starting a sentence with these words fill me with dread. It amazes me that there are so many common misconceptions surrounding later life planning, we’d rather avoid it altogether than prepare correctly for it.
Mar 2024
All change! Non-domiciled tax rules- a budget update
As foreseen before Wednesday’s budget, the Chancellor announced sweeping changes to the way non-UK domiciliaries are to be taxed from 6 April 2025.
Feb 2024
Don’t leave a “Purple Haze” around your will
We might have more in common with the rockstar electric guitar legend Jimi Hendrix than we might think. I am not talking about growing an impressive head of hair or going for a reverberating solo – unless you’re lucky enough to have both of those abilities – rather Jimi Hendrix was one of millions who died without a will.
Feb 2024
Feb 2024
The Bank of Mum and Dad is so easy to contact – even by fraudsters
It seems banks can’t win. They are either too cautious or they are simply not doing enough – but we were actually quite pleased to hear how one banking institution stepped in just in time to protect one man’s money from fraudsters.
Jan 2024
Q&A: I am worried about my dad’s new partner. What can I do?
Q: My dad’s new partner is separating him from our family. How can I stop her?
My 70-year-old father is widowed and met a new woman while on a cruise in 2017. Following a whirlwind romance, my dad sold our family home and bought a new one closer to where this woman lived over 100 miles away.
Dec 2023
Digital LPAs are here - but watch out for safeguarding
There have been calls for a long time to overhaul the outdated system for registering Lasting Powers of Attorney (LPAs). Now with the arrival of the digital system, we welcome the modernisation of the system - but some concerns remain about accessibility and safeguarding.
Dec 2023
Waiting for a windfall? It might not be a breeze after all
According to a recent survey of 9,000 people, the average that they expected to inherit was £110,000 – but actually they only ended up receiving half as much.
Dec 2023
How Cellan-Jones’ story could easily have been one of our own
I was saddened to hear BBC journalist and TV regular Rory Cellan-Jones had tripped and fractured his elbow while walking home one night. While his story is a common experience, it got me thinking about how much more difficult it can be to help friends or family members going through the same – especially if they don’t have the right paperwork in place.
