Whether you refer to them as ‘Asset Protection Lifetime Trusts’, ‘Asset Protection Trusts’, ‘Family Protection Trusts’, or ‘Property Protection Trusts’, a Lifetime Trust is a tool which enables you to protect your property or assets whilst you are alive. Read on to find out all about lifetime trusts and probate fees. Unlike Will Trusts which are used after your death,…
Top Ten Questions About Wills And Estate Planning. Family matters are a team of expert legal practitioners who are here to offer you support and guidance in the future financial security of your loved ones. Our estate planning solutions and services include: Will Writing Estate Planning Solutions; Trusts, LPA, Legal Guardianship. Pension Review Service Building and Contents Cover Income Protection…
The rise of digital media and online/cloud storage has dramatically increased over the past decade, with Facebook being the first social media network to hold 1 billion registered accounts in its database and currently having more than 2.6 billion monthly active users. This figure alone shows how crucial it is to raise awareness of the future of any digital legacies…
Can I Buy My Parents House For Less Than Market Value? If your parents decide to sell you a property they own for less than market value, they are in effect, ‘gifting’ you a portion of the property. There are no legal reasons why you cannot buy your parent’s house at less than market value as part of their…
Estate Planning – From The Most Simple To The Most Complex Cases Wills and Estate planning solutions are both necessities that just about everyone should, at some point, think about – not necessarily just the most wealthy amongst us. From protecting your loved ones in the face of unexpected illness or death to effectively implementing a multi-generational wealth transfer…
Dealing with the estate of a deceased loved one can be a drawn-out and challenging process even when there is a legally valid Will. When someone dies without a valid Will in place, there are strict inheritance laws, referred to as the ‘Rules of Intestacy’, which apply in England and Wales. These rules set an order of precedence which…
At Family Matters, we deal with a variety of estates and are sometimes faced with complex intestacies when someone dies without a Will. In this article, we will explain the rules of intestacy and what is meant by partial intestacy. Family Matters can take care of all your Estate Planning Solutions and offer a bespoke Will writing service. Our advisors…
It is a misconception that a Lasting Power of Attorney is something only the elderly should consider. Illness, accidents, strokes and dementia can strike at any age as can other incapacitating events. Having an LPA in place is a small price to pay for the peace of mind that your financial affairs and personal welfare will be taken care of…
10 Ways To Protect Your Assets And Reduce Inheritance Tax When the time comes and your loved ones come to inherit your estate, the last thing you will want to leave them is a massive Inheritance Tax bill. Even if you consider your wealth levels to be modest, there are still some things you must consider to minimise Inheritance Tax,…
Over the past year, with all its ups and many downs, we have seen a dramatic increase in the number of clients who would like to discuss Estate Planning Solutions and talk about Inheritance Tax Planning. This often relates to an individual or a family who haven’t yet formalised any future wishes and also those who would like to review…
