A recent Court of Protection judgment gives guidance over the interpretation that should be applied to certain provisions in Lasting Powers of Attorney (LPAs) and helps to clarify what clients can and cannot include within these vital documents.
We talk about the ‘Bank of Mum and Dad’ to describe parents giving their offspring a financial helping hand, particularly in the context of helping them get a foothold on the property ladder. But what is going on under the bonnet in terms of how that help is provided? And what are the implications from a legal and tax perspective?
Fraudulent calumny: poisoning the mind of a testator
If a loved one has passed away and you believe that they were tricked into leaving a Will that they would otherwise have not left behind, you might have valid grounds to challenge the Will through legal proceedings. There are several grounds upon which a Will can be contested, one of which is fraudulent calumny.
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It is often the case that, in the context of a separation and divorce, concerns are raised by one of the parties as to the other’s ability to make claims in respect of their received or prospective inheritances.
What can happen when a solicitor does not follow best practice when drafting a Will?
In the recent case of Reeves v Drew & Ors  EWHC 159, a private client solicitor had to explain to the court that he charged a multi-millionaire client just £140 plus VAT to prepare his Will because he provided a ‘Primark’ service.
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The private client team at Clarke Willmott recently held a webinar looking at provisions for children included in a will when a parent dies. Associate Georgia Collier and Lifetime Executive Sarah Arkless share their expertise here.