Foresight Family

Foresight Estate Planning & Will Writing Services

Residential Care Home

Mind The Gap

Let’s talk about the increasing demand and cost of care. As we are living longer and therefore often longer in poorer health, more & more people will require care. In the year to March 2022 the number of people living in care homes was 360,792, up from 291,000 in 2011. One in seven are expected …

Read more

Sideways Disinheriting

Sideways disinheriting, when families divide

Sideways disinheriting is extremely common and can be very upsetting in the aftermath of a loved one passing. It has been highlighted by the case of Scarle vs Scarle when stepsisters battled in court to inherit their respective parents’ estate. Unfortunately, despite both losing a parent, only one stepsister would win the case, and in …

Read more

Modern Relationships

Modern Relationships – Old Fashioned Problems

Couples choosing to cohabit should consider documenting their intentions in relation to their property and finances so both parties know from the start what their respective entitlement and rights are. As social and legal attitudes change towards marriage, whatever the rights or wrongs involved are, the implications around control of assets must be understood. With …

Read more

Probate – When Saving Money Costs, You More

When most people are asked if they know what probate is – the normal response is a shrug of the shoulders or the thinking that it is only something that needs to be done if you die without a Will. Unless you have first-hand knowledge/experience or you work in the industry, very few people will …

Read more

Modern Love

Modern Love, Death & Taxes

Society may have moved forward with relationships, but tax law has not. Millions of couples who have chosen to avoid tying the knot are now at risk of falling into complex legal battles to get a share of a home they’ve lived in all their lives or the wealth they’ve helped build. The numbers of …

Read more

Executorship

Executorship – To be or not to be…

Executors are individuals or professionals chosen to administer the Estate of someone who has passed away, where that person has made a Will. The person who makes the Will (‘the Testator’) can choose as many people as they wish to act in the role of Executor, in the first instance or by substitute, but only …

Read more

Final Trust Registration

Reminder Trust Registration Changes – Act Now

As part of the UK government’s implementation of the 5th EU Money Laundering Directive, almost all Trusts are now required to be registered with HMRC.  Trust registration is nothing new. The Trust Registration Service (TRS) has been in operation since being introduced by the Fourth Money Laundering Directive (MLD4) in 2017, and before then certain …

Read more