Talk to us:

01566 772375

Talk to us:

01566 772375

Probate

What type of will do I need?

You may not realise it, but when it comes to making a will there are different types to choose from and, as Deborah Adams, head of private client department at Parnalls in Launceston explains, the right type of will for you will depend on your circumstances. ‘Making a will helps to ensure that when you

Information to gather for your probate solicitor

As executor of the estate, it is your responsibility to ensure your probate solicitor has all the information necessary to administer the estate. The amount of information will depend on the complexity of the deceased person’s various assets and investments and how well organised they were with their paperwork. ‘The better the information that you

How to choose an executor to administer your estate when you die

When making your will you need to appoint at least one executor who will be responsible for the important task of dealing with your estate on your death.  Deciding who to appoint is one of the most important decisions you will ever have to make so you need to consider your options carefully. Deborah Adams,

The risks of DIY probate

An increasing number of executors choose to deal with an estate themselves when a close relative dies, but is this really a wise move?  The reality is that probate is usually a complex process, even where the estate appears at first to be small and straightforward. If you take into account the feelings of grief

Why you should always use a solicitor to prepare your will

Making a will is one of the best things you can do to ensure your family are taken care of when you die and that your money, property and other belongings are passed on to the people or good causes you have chosen. To make a valid will there are certain requirements that need to

Making a will when you retire

Having a will is important for every adult but is even more so as you enter retirement and start to put your affairs in order. With free time on your hands, it is a good opportunity to make an appointment with your solicitor to make or update your will and plan for your old age

Untangling Overseas Assets

Often people are unaware that shares or investments they hold may be registered in jurisdictions other than the UK. This can cause substantial delays and expenditure in relation to probate if they are left under a will. Not all jurisdictions will recognise a British grant of probate or letters of administration. This means when executors

Ill-health pension transfer not liable for IHT

A landmark case in the Supreme Court has ruled that a pension transfer made in ill health was not liable for inheritance tax. In the recent case of Commissioners for Her Majesty’s Revenue and Customs v Parry & Ors (also known as the Staveley case) it was found that HMRC should not charge IHT on

How to minimise delays in obtaining Grant of Probate

There has been considerable press coverage in the last few months over the considerable delays in the process of obtaining grants of probate from the Probate registries. The Government currently says that the process to obtain probate takes four weeks, but official data confirms that it is taking far longer in practice. In the first

Social Distancing No Obstacle for Parnall’s Mobile Document Signing Team

The present social distancing requirements imposed by the Government to slow the spread of the COVID-19 pandemic present a particular challenge for the execution and signing of legal documents.  For a will to be valid, it must be signed in the physical presence of two witnesses that are not beneficiaries under the will. This means