Blog
Following the introduction of the EU's Fifth Anti-Money Laundering Directive, the UK government is committed to compiling a complete list of express trusts in the country.
Wills & Tax Partner Lee Young provides everything you need to know about HMRC's Trust Registration System in this article guide.
Michelle Hayter is a partner and head of Frettens' specialist dispute resolution team . A specialist in dealing with contentious wills and probate , she is recommended in the Legal 500 , an independent guide to the legal sector, for her work...
Can you contest a will? Michelle Hayter talks about grounds for contesting a will, how long you have to contest a will, and who pays for contesting a will? Also whether you can contest a will after probate, and recommended solicitors for contesting a will in Bournemouth, Poole and Christchurch.
Current application fees When a loved one passes away, one of the key steps in administering their estate is making an application for Probate. This application currently has a court fee as follows: 1. The estate is worth less than £5,000 ...
How does care home funding work? Who pays for residential care? How much does a care home cost? Lee Young, partner and solicitor from our Ringwood office, provides an introduction care funding.
If you've owned your home for a number of years, it's likely that you have built up significant equity in it. To release a portion of this wealth downsizing is one option, but equity release enables you to release a tax-free lump sum, without having...
When someone dies, they leave behind an ‘estate’. Their estate is formed from all their money, assets, property, possessions, debts, and liabilities. As you might imagine, bringing together and valuing all these different items can be a...
Neighbour problems, such as boundary disputes, can be notoriously difficult and expensive to resolve. Lengthy and expensive disputes This was highlighted recently in a case where a London family lost their £600,000 home, which they had lived in for...
Lee Young discusses the tax implications of owning a second home, and buying and selling. He looks into stamp duty land tax and capital gains tax.
The Partners at Frettens Solicitors were delighted last week to announce the opening of a second office in Ringwood in July 2018. Who will be based at Ringwood? The Ringwood team...
The Partners of Frettens Solicitors are excited to announce that they will be opening a brand new office in the heart of Ringwood in July 2018, making Ringwood a second home for the ever-growing Frettens family. A full service law firm for Ringwood ...
When you are a parent to young children, life can be a daily demanding obstacle course! Getting everyone up, ready for nursery/school and getting into work… then after a busy day at work, coming home, cooking for the family, helping with homework,...
Lee Young explains the implications of capital gains tax when it comes to owning multiple residential properties and discusses the potential savings that can be made by determining your main residence.
The Ministry of Justice has launched a scheme to refund those who may have overpaid when applying to register powers of attorney. The scheme applies to any lasting power of attorney (LPA), or enduring power of attorney (EPA) that was registered with the...
When a person dies without leaving a valid will they are said to have died intestate. Dealing with their estate can be very complicated. When someone dies intestate If this happens to one of your relatives, it is best to seek legal advice as soon as...
A mirror will is when you and your partner make almost identical wills. These usually leave everything to each other respectively should one partner die before the other and if they die at the same time, everything is passed to children or the same named...
You need values of any money, property and possessions (known as their estate) of someone who’s died, on the date of their death, before you are able to get a ‘grant of representation’. This is the legal right to deal with their estate . ...
When someone dies, their assets (known as their estate) worth over £325,000 are liable for inheritance tax at a rate of 40%. This is the standard nil rate band and there is also a residence nil rate band which can make a higher proportion of the...
Frettens Solicitors is delighted to report that it has been recognised in specialist areas of 'The Legal 500' again for 2017-18. This marks the eighth year in a row that the firm has been recognised by the independently researched guide to law firms...
This is a difficult subject for everyone, especially when it concerns family or close friends. Challenging a will is emotionally charged but you may realise after a loved one has died that they either changed, or wrote their will whilst suffering from...
