Legally reducing your inheritance tax liability

As the law currently stands in the UK, inheritance tax will be payable on your estate, typically at a rate of 40%, on anything over and above the threshold of £325,000. This is known as the nil-rate band. As such, if the net value of your estate falls well below this threshold, your worldly wealth…

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How useful is a guardianship clause in a Will?

A Will isn’t purely a document to deal with the distribution of property after death. It’s also an opportunity to provide for relatives and dependents. If you have children under the age of 18 then a guardianship clause in your Will could be essential. What is a guardianship clause? If you have children under the…

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Farnworth Rose Launch New ‘Assist’ Services

Farnworth Rose Solicitors have launched two new services to give clients more flexibility when they need help dealing with probate and setting up Lasting Powers of Attorney (LPA). Traditionally most law firms charge an hourly rate for these services, but with Probate Assist and LPA Assist clients can decide how much they are happy to…

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Guidance On Moving Home Safely

Following the Government annoucement this week, which reopened the housing market, more guidance has now been issued on how to move home safely. From page 8 onwards the guide is aimed at buyers, sellers and renters, covering everything you need to know about the ‘new rules’ to make sure you move safely. Our residential property…

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