Primogeniture was the custom of land inheritance whereby the entire estate passes to the eldest son. In the past this method of estate planning was accepted as the "norm" but now times are changing!
Andrew Way of Latimer Hinks Solcitiors comments... Female Inheritance Breaks out of the Downton Abbey Age
For a more detailed explanation please visit Primogentiure - life in Elizabethan England.
The Daily Mirror also comments No Excuse for Clinging on to Outdated Primogeniture Rules
For further information on inheritance and estate planning please contact our team at Latimer Hinks, we'd be more than happy to help!
The Team
Andrew Way
Anne Elliott
Elizabeth Armstrong
Natalie Walker
Helen Booth
Gillian Perkins
Nadine Sweeney
Victoria Moremon
Kelly McLoughlin
Daniel Williams
Julie Porter
Showing posts with label inheritance tax. Show all posts
Showing posts with label inheritance tax. Show all posts
Monday, 18 April 2011
Tuesday, 18 January 2011
Wills & Modern Relationships
Everyone should have a well written. A will ensures that your wishes are carried out. No will at all means that you die intestate. In these cases laws that govern the way in which your estate should be distributed come into effect. These laws do not take into consideration modern family relationships.
A solution to the problems posed by modern families can be overcome with good advice from experienced solicitors.
Andrew Way of Latimer Hinks Solicitors explains why you should choose a solicitor rather than a will writer to draft your will.
Growth in Contested Wills Could Mean Heartache for Families
This week the BBC2 documentary "Can't Take It With You" aired. A very interesting programme dealing with the problems of modern family relationships and distribution of assets.
Anne Elliott of Latimer Hinks comments on the programme in her blog "Can't Take It With You"
Further information
STEP - Society of Estate and Trust Practitioners -
STEP members (TEPs) provide expert advice on how to comply with the often complex law and tax rules surrounding trusts, estates and inheritance.
Anne Elliott and Andrew Way are full professional members
SFE - Solicitors for the Elderly -
Solicitors for the Elderly (SFE) is an independent, national organisation of lawyers, such as solicitors, barristers, and legal executives who are committed to providing the highest quality of legal advice for older and vulnerable people, their families and carers.
Many of our Private Client Team are members of SFE. Andrew is also Executive Director and Secretary of SFE
A solution to the problems posed by modern families can be overcome with good advice from experienced solicitors.
Andrew Way of Latimer Hinks Solicitors explains why you should choose a solicitor rather than a will writer to draft your will.
Growth in Contested Wills Could Mean Heartache for Families
This week the BBC2 documentary "Can't Take It With You" aired. A very interesting programme dealing with the problems of modern family relationships and distribution of assets.
Anne Elliott of Latimer Hinks comments on the programme in her blog "Can't Take It With You"
Further information
STEP - Society of Estate and Trust Practitioners -
STEP members (TEPs) provide expert advice on how to comply with the often complex law and tax rules surrounding trusts, estates and inheritance.
Anne Elliott and Andrew Way are full professional members
SFE - Solicitors for the Elderly -
Solicitors for the Elderly (SFE) is an independent, national organisation of lawyers, such as solicitors, barristers, and legal executives who are committed to providing the highest quality of legal advice for older and vulnerable people, their families and carers.
Many of our Private Client Team are members of SFE. Andrew is also Executive Director and Secretary of SFE
Tuesday, 13 January 2009
Everyday Issues for Farmers & Their Families - Presentation
Latimer Hinks and GSC Chartered Surveyors is organising a presentation on the 29th January at the UTASS offices in Middleton in Teesdale.
It's a free presentation - and it does exactly "as it says on the tin!"
So, if you're a farmer interested in issues which may affect your family come along and join us for information on:
- Tenants Fixtures and Improvements
- End of Tenancy Matters
- Succession Planning - Wills, Trusts, Inheritance Tax Planning, Lasting Powers of Attorney etc
Wednesday, 26 September 2007
Inheritance Tax Headache! - Keep your records... or else
Latimer Hinks is warning people that they face an inheritance tax headache if records of gifts made to family members are not kept up-to-date and accurate.
Any gift made seven years before a person's death is not subject to inheritance tax, but money given within seven years may be taxed at 40 per cent.
The recent rise in property values has pushed many people's estate value over the Inheritance Tax threshold of £300,000 (2007-2008 tax year). More and more families are now using legitimate gift laws to lessen their IHT bills.
An investigation has been launched by HMRC to find out how people use the seven-year gift rule. Failure to keep precise records of ‘lifetime gifts’ could be extremely costly.
Anne Elliott explains here
For your information - Inheritance Tax Guide
Any gift made seven years before a person's death is not subject to inheritance tax, but money given within seven years may be taxed at 40 per cent.
The recent rise in property values has pushed many people's estate value over the Inheritance Tax threshold of £300,000 (2007-2008 tax year). More and more families are now using legitimate gift laws to lessen their IHT bills.
An investigation has been launched by HMRC to find out how people use the seven-year gift rule. Failure to keep precise records of ‘lifetime gifts’ could be extremely costly.
Anne Elliott explains here
For your information - Inheritance Tax Guide
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