WILLS/WILL TRUSTS Synopsis: The family of a deceased man have failed to have his will overturned on the grounds of lack of knowledge and approval despite the fact that he left his entire estate to a builder with whom he had been friends only a short time. The High Court has dismissed a claim by […]
According to new research by Prudential, the annual expected retirement income of divorcees is £2,100 lower than that of those who have never been divorced. The research also found that divorcees are more likely to delay their retirement plans. Why not talk to the professionals about properly managing your finances Call us on 01273 457100 020 7871 […]
BANKRUPTCY Synopsis: Horton v Henry: the impact on a trustee in bankruptcy’s power to exercise options on behalf of the bankrupt. On 17 December 2014, the High Court made that scenario highly unlikely following the judgment in Horton v Henry [2014] EWHC 4209 (Ch) where Mr Robert Englehart QC (sitting as a Deputy Judge of […]
National Savings & Investments have announced that the Pensioner Bonds trailed in the March Budget and re-announced in December (see out earlier Bulletin) are now (15 January) on sale. The bonds are available to purchase online, by phone (0500 500 000) or by post. Application at a Post Office is not possible. The very attractive terms on offer mean […]
WILLS/WILL TRUSTS Synopsis: HM Courts & Tribunals Service has launched a searchable online database which will allow the public to obtain copies of wills without having to visit the probate registry. Date posted: Friday, January 09, 2015 HM Courts & Tribunals Service has launched a new online database which will allow members of the public […]
WILLS/WILL TRUSTS Synopsis: The question seems easy enough to answer, yet recent research carried out by the Law Society indicates that a large percentage of those aged between 16-54 do not have a will. Date posted: Monday, November 17, 2014 According to research carried out by the Law Society last month, 73% of 16-54 year olds do […]
LONG-TERM CARE Synopsis: Final regulations and guidance which will support Part 1 of the Care Act 2014 are expected any day. The Act includes measures aimed at reducing the impact of care costs on accumulated wealth but recent research – and reading between the lines – suggests that many will still face considerable costs. The […]
PENSIONS – RESEARCH & SURVEY DATA Synopsis: Four Surveys by Wesleyan look at retirement aspiration of four sets of professionals. Wesleyan Assurance has recently released the results of four surveys it has undertaken into the concerns expressed by four sets of professionals; dentists, doctors lawyers and teachers which can be found here: Dentists in the dark […]
SOCIAL SECURITY BENEFITS/PENSIONS – STATE BENEFITS Synopsis: The government have confirmed the deferral rate for the single tier state pension Date posted: Thursday, July 24, 2014 Further to our bulletin in July 2013 Steve Webb has now confirmed in a written statement what rate the single tier pension will increase at, in deferral. Earlier this year the […]
WILLS/WILL TRUSTS Synopsis: The Government has announced plans to hold a national event to raise awareness of the Mental Capacity Act, with particular emphasis on increasing the level of awareness and understanding of Lasting Powers of Attorney (LPA). Date posted: Thursday, June 19, 2014 As part of the official response to the House of Lords […]
