Legislation
The Government has introduced new legislation that is expected to come into force in September 2020 to allow people to sign and have their Wills witnessed by using video calls. It has been highlighted that during the COVID-19 pandemic, there has been an increasing number of people looking to write Wills, and the difficulties experienced…
The Residential Nil Rate Band (RNRB) was originally introduced in April 2017 as an additional Inheritance Tax (IHT) allowance, with the aim of allowing families to pass on up to £1m of their estate without IHT becoming payable. The RNRB allowance has been increasing each April, until reaching its maximum allowance claimable at £175,000 per…
Severally. There’s a new word for many of us. Mainly used in legal circles, it means separately or individually. In the context of Lasting Powers of Attorney, you can nominate people you trust to make decisions on your behalf either jointly or jointly and severally. Jointly means that all the attorneys you name must agree…
Legislation will be introduced to reform the way long-term care is paid for to ensure the elderly do not have to sell their homes to meet their care needs. The Queen’s speech was given on Wednesday 8 May 2013, outlining the Governments legislative programme for the coming year and as expected, included the Care Bill.…