What is a trustee? A trustee is a person or a firm that holds and administers property or assets held in a trust for the benefit of a third party. A trust can be created for a variety of purposes, including in bankruptcy situations, in certain types of...
Rachel Reeves made history today, delivering the first budget from a female chancellor, in a debut that also marked the first Labour budget in 14 years. Starting her speech with a call for girls and young women to break through any ceiling in achieving...
You have decided to make your will. You’ve met with your solicitor, discussed your needs and received advice. You then receive your will to review, but find it contains words you may not fully understand. Let’s look at some of those terms and...
There are few certainties in life, but as American statesman Benjamin Franklin famously wrote, two things we can be sure about are “death and taxes”. Yet planning for our ultimate demise, or our decline along the way, is something that we...
Inheritance challenges and disputed wills are soaring, but it’s not just the high profile, wealthy that are fuelling the action. Figures from the Ministry of Justice come against a backdrop of headline-catching disputes such as the case of Russian...
It is possible to make a Power of Attorney online, but whether you should is an entirely different matter. The process of making a Power of Attorney seems straightforward, but for those who are unfamiliar with the process, there are many potential pitfalls...
This year, Organ Donation Week runs between the 18th - 24th of September. The campaign is designed to raise awareness about organ donation and transplantation. While most of the UK now runs on a system of opting out, it is still something you should discuss...
Nobody likes to think about a time when they are no longer around and talking to loved ones about what you would like to happen after you pass away may seem morbid or unnecessary. However, talking about financial and practical matters can help put your mind...
When someone you love has passed away, the last thing you will be thinking about is debt. However, there are many misconceptions about debt and inheritance, and it is essential to understand the position. Many people believe that when a person dies, the...