NEW YEAR, NEW WILL – It’s Time to Tackle What You’ve Been Putting Off!
One of the things clients always say to me is “we’ve been meaning to do this for ages and ages, but we kept putting it off!”
Danger of Home Made wills
How is it that a will scribbled on the back on a napkin can be valid, but a beautifully scripted will on the finest of hand crafted papers can be worthless?
Non-monogamy and wills / estate planning
Couples, thruples, polygamous relationships and non-monogamy Do not bury your head in the sand – when you have a non-traditional relationship structure the headline is – ‘THE INTESTACY RULES WON’T CUT IT’
The importance of having your later life affairs in order
The fact is we have an ageing population – healthier lifestyles and medical advances mean that people are living longer
GIVING YOU PEACE OF MIND
A Will is one of the most important documents that a person will ever sign, yet surprisingly 2 out of 3 adults die without leaving a valid Will
Care Fee Funding and Deprivation of Assets
Virtually every day we see clients who think that it would be a good idea to give their home away – either as an outright gift to their children or into a trust, as a way of avoiding any future care fees
Why everybody over the age of 18 should be making a will
‘I was shocked to find out my dad could inherit if I died – I haven’t seen him for years’
What on earth is Cryptocurrency?
One of the questions we now ask our clients at our initial will meeting is “Do you have any cryptocurrency?”
Update your Will Week
Research commissioned by SFE (Solicitors for the Elderly) and Maxwell Hodge Solicitors shows that nearly one-half of UK adults have experienced a life changing event since last updating their Will.
Cohabiting couples / Common Law Marriage and Inheritance
Common Law Marriage In 2021 there were around 3.6 million cohabiting unmarried couples – an increase of 144% since 1996
Costs of a Home Made Will
Following on from a piece written by Natasha Booth, from our Lifetime Planning Team, posted in August, when she spoke about the importance of a properly prepared will
Protecting older and vulnerable people from scams
Each year millions of people across the UK fall victim to scamming – amongst them are older and vulnerable members of society.
Appointing an Attorney …. the benefits of hiring a professional
A lasting power of attorney (LPA) is an important legal document which enables you to appoint somebody else to deal with your financial and legal affairs
Department for Work and Pensions launch new website
I am a Solicitor and member of Solicitors for the Elderly.
Blended families and the importance of making a Will
An estimated one in three families in the UK are “blended”, meaning they have a combination of parents, new partners and children from different relationships.
LASTING POWERS OF ATTORNEY
Recently, the government launched a 12-week consultation into the modernisation of Lasting Powers of Attorney (LPA’s).
The Pandemic and Retiring Early – Categories: Retirement Choices
There have been several articles written about people being forced into early retirement due to Covid-19.
THE IMPORTANCE OF HAVING A LASTING POWER OF ATTORNEY IN PLACE
You may recently have seen Kate Garraway’s heart-breaking story of her husband Derek’s year-long battle with Covid. The situation has been made even more complicated by the lack of legal protection she and Derek had in place.
DNAR Orders and the Importance of having a Lasting Power of Attorney in place
The CQC’s review into the application of Do-Not-Attempt-Resuscitate (DNAR) orders during the Covid-19 pandemic reveals incorrect and ageist use.
The Importance of making a Lasting Power of Attorney
Have you ever thought to yourself “What would I do if I was no longer able to manage my own affairs?”
Personal Injury Trusts
If your serious injury claim is successful and you are awarded damages or agree a settlement, it is likely that you will have a significant amount of money to deal with.
Thinking of using a ‘trust scheme’ to save care home fees?
The financial press often report on families being put at risk by unregulated firms promising to help them avoid care fees and inheritance tax.
Make “putting your affairs in order” a priority for this year
After the excesses of Christmas have been enjoyed, thoughts often turn to New Year’s Resolutions that many of us struggle to maintain. This year, in addition to perhaps exercising more, eating healthier and drinking less, let us at Maxwell Hodge offer some other considerations for 2020: Make a new Will or review your existing one,…
Care Home Fees
Deciding to get help with care is a stressful time. Placing yourself or a loved one in care is a difficult decision that often comes at a time when you do not have time to consider the legalities of care services.
Don’t keep putting it off – make it a priority to get your affairs in order!
Getting Organised (Legally speaking!) with Maxwell Hodge
Be prepared – don’t leave important decisions about your finances and health and personal care in the hands of strangers!
Clients often have questions about Lasting Powers of Attorney (LPA) – they may not be entirely clear what a LPA is, why one might be needed and when they should apply for one.
New report warns of looming incapacity crisis
96% of people in the North West leave important health and welfare decisions to chance By 2025, more than 13 million people who are at risk of mental incapacity will not be prepared 73% would like a family member to make medical and care decisions on their behalf, in the event of mental incapacity 78%…
Power of attorney refunds
If you have registered either an Lasting Power of Attorney or an Enduring Power of Attorney between the dates 1st April 2013 to 31st March 2017 then either the Donor or the Attorney can apply to the Office of Public Guardian for a refund of fees.
Dealing with Claims against Estates
We have recently helped clients whose late Mother had made a Will however had not gifted in equal shares to her children. The Will provided a payment of £1,000 to adult child 1 and the residue of the Estate (the remainder of the net Estate) was to be split between adult children 2 and 3….
Local solicitor warns changes to Powers of Attorney may leave older and vulnerable at risk
Local solicitor Andrea Ashton from Maxwell Hodge Solicitors, who have 8 offices across Wirral and Merseyside has joined fellow members of Solicitors for the Elderly in warning against proposals to turn the LPA registration process fully digital.
Have you made provisions for all of your loved ones in your will?
There are approximately 20 million animals kept as pets in the UK. One in every two households in the UK have at least one pet.
Changes to Probate Tax
In their 2015 election manifesto the Conservative party pledged to take the family home out of tax by increasing the effective inheritance tax threshold for married couples and civil partners to £1million.
Probate Fees Set To Soar
In spite of overwhelming protest from solicitors, the government are pressing ahead with a massive hike in probate fees to prop up a struggling court system. For estates worth more than £50,000, fees will increase from the current flat rate of £155 to between £300 and £20,000 depending on the value of the estate.