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Executors who are dealing with the administration of an estate after someone’s death need to be careful not to breach the legal rules designed to protect beneficiaries. This includes not buying assets from the estate. Known as...
Parents usually want to leave their money to children and grandchildren in their Will. There are different ways to pass on wealth and we take a look at the some of the options and implications. It is important to think carefully about how you want to...
Applying for a mortgage as a first-time buyer can be daunting, particularly when coupled with a fast-moving property market. We take a look at how to successfully deal with the mortgage aspect of taking on your first home. It is always recommended that...
Figures released by HM Revenue & Customs have revealed that the number of deceased estates valued at more than £1 million has risen by over one-third in five years. In 2013-14, there were 8,340 estates worth over a £1million, whilst in...
A Lasting Power of Attorney or LPA gives legal authority to a trusted friend or relative to make decisions and deal with the affairs of someone unable to do this for themselves. It is always recommended that people prepare LPAs as soon as possible, whilst...
If you are dealing with the estate of someone who has died, you will often need to obtain a Grant of Probate. If the deceased was British and had assets in the UK but was domiciled overseas, you may still need to apply for this. Whether or not you need a...
With increasing financial input from parents and other family members to help young people onto the property ladder, Joint Buyer Sole Proprietor mortgages are a popular option. We take a look at how they work and what they entail. For many young people,...
At BakerLaw, we are always looking to provide the best for our clients – not only in the customer experience we deliver, but also in the services we are offering. For some time, our Wills , Powers of Attorney , Trusts ...
People are increasingly leaving a digital legacy after their death, as well as digital assets. We take a look at how to deal with the digital aspects of an estate. Dealing with someone’s online presence and digital matters after they have passed...
If you have been left a legacy in someone’s Will, or you are inheriting from someone who did not leave a Will, you may be wondering how soon your entitlement will be paid to you. We take a look at the Probate process and why Executors or...
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