The recent case of Re: Buckley contains importance guidance for attorneys or deputies regarding investment of a donor or patient’s funds. This case involved a Lasting Power of Attorney (LPA) granted by Mrs Buckley – a wealthy lady – which appointed her niece as her attorney. It was later discovered that the attorney had used £72,000 of Mrs… Continue Reading
Conveyancing Q&As
Your conveyancing questions answered by Rosalind Watchorn Solicitors – Specialist Conveyancers Sheffield. I have just made an offer on a house. I am told I need to instruct someone to deal with the conveyancing. What is this and how do I go about doing this? When moving house, conveyancing is the legal and administrative work… Continue Reading
Choose Your Executors Wisely: The Tale of Boris Berezovsky
If you think your affairs are likely to be complicated – through complex family relations, a large number of varied assets or some other potential difficulty – think carefully about the Executors you appoint. Earlier this year Russian oligarch and former Forbes Rich-Lister Boris Berezovsky was found dead in his ex-wife’s bathroom. Berezovsky had lost… Continue Reading
Mirror Wills: What Are They?
So What is a Mirror Will? When thinking about writing your will it is important to know all the options open to you. One possibility is the use of “Mirror Wills”. As the term implies, Mirror Wills reflect each other: the terms of the wills are similar, with the testators leaving their estate to each… Continue Reading
Property Law Q&As
Property Law Question & Answer Session. I want to make sure my second wife can live in our house but want to make sure my children inherit it when she dies. How do I do this? A Property Trust Will can be drawn up which would give your wife the right to live there… Continue Reading
Digital Assets and Death
When making a Will the most obvious things to consider are your physical assets – your house, money, car etc. However in recent years the problem of what to do with your “digital assets” once you’ve died can easily be overlooked. Having a paper free existence online may seem convenient, but Executors are faced with… Continue Reading
Living Together & Owning Property
Cohabitees Owning Property. These days it is common for unmarried couples to live-together (cohabit). Unfortunately, when a relationship breaks down, cohabitees are not afforded the same protection as married couples. Celia recently came to me for advice. She had moved in with her partner Richard 10 years ago and after a few months they purchased… Continue Reading
The Bank of Mum & Dad
Your offspring may need financial help to buy their first home – but take care how you offer them money, or much of it could be lost. Paul and Mary came to me as they wanted to help their 25 year old son Jim buy a flat. Like many young people Jim has been finding… Continue Reading
Wills: Providing For Your Pet
Rosalind Watchorn Solicitors Sheffield advise on how to look after your pet in your Will. You may have heard recently of pensioner Marlene Howes who was accused of fraudulently claiming pension tax credits and was alleged to have concealed a £50,000 legacy left to her by her mother. Mrs Howes contested that the money had… Continue Reading
Wills For Stepfamilies
Stepfamilies: The Need for Tailor-Made Wills. Sarah and George came to see me last month to make new wills. For both of them it was a second marriage and they each had children from their first marriages who spent part of their time with them and part of their time with their other parents. Making a… Continue Reading
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