Call us today0845 034 7344

Blog

Probate Fees – An unjustified tax

stamp labelled probate

There has been plenty of publicity about the forthcoming hike in probate fees. The good news first: if the estate is worth less than £50,000 there will be no fee. But now the bad news.If the estate value is more than £50,000 the increases are as follows:-

Continue reading

Office Moves!

we are moving chalk sign board

I think they are almost as bad as home moves. After 20 years in the old building, we have moved up the road. The bad things involve the disruption and discovering an amazing amount of accumulated defunct items accumulated over that long period. On the plus side, we are now integrated with our accountancy colleagues at Stanford Gate so our clients benefit from more depth in our tax and financial advice – particularly where income tax returns are required. And we are getting used to open plan and, I have to admit, it is a much more pleasant working environment. We are still close to Brighton Probate Registry and that means any communication with their office will be more or less instant. We find that at the moment Brighton are turning cases around quickly and it is probably a better choice than the London alternative.

Continue reading

Residue, Residuary Beneficiaries, Residual Estate – The Jargon Explained

Residue, residuary beneficiaries, residual estate – the jargon explained

All these terms are referring to what is left in a deceased’s person’s estate after all the legacies of money or other items have been paid out and the costs of administering the estate have been cleared.  This is the residue or residual estate and it is then paid out to the persons or others named in the will.  These are the residuary beneficiaries.

Continue reading

On the Tube - Life After Death

On the Tube - Life After Death

It is amazing what adverts you can see on trains.  The other day I was surprised to see an advertisement dealing with all sorts of issues associated with death so we had references to funeral plans, getting the right undertaker, making wills and last but not least dealing with probate.  I suppose because the opportunities now offered by IT platforms are so great, that there must be a temptation to come on to these all singing all dancing services.  It may be that everything which is being offered is absolutely marvellous but my reservation is that the spread is too thin and the right answer for the discriminating consumer must be to head for a specialist.

Continue reading

The Funeral Industry and Funeral Plans

the funeral industry and funeral plans

As followers of this blog will know I’ve always had my doubts about funeral plans.  It seems that the concern is shared by the Treasury who have recently announced plans to investigate.  There has been some suggestion that one or two providers are using incoming premiums to pay off current claims in a kind of Ponzi like arrangement. 

Continue reading