Year on year, the number of cohabiting (living together) couples continues to grow, with the proportion of people getting married slowly on the decline. As of November 2019, there were 3.5 million cohabiting couples in the UK. In this article we debunk some common myths about the rights of cohabitating couples. As the dynamic between …
Understandably, many couples like to keep things straightforward when it comes to making a Will. Typically, they will want to just leave everything to their spouse or partner when they pass away. This is so they can make sure that their partner can continue to live in their home and access their finances. They probably …
One of the most common questions we are asked by clients is ‘what options are available to me once a loved one has lost their mental capacity without a Lasting Power of Attorney (LPA) in place’ We want to highlight both why it is important for someone to put an LPA in place and to …
For those of our clients who pay an annual servicing fee we would like to remind you of the benefits of your ongoing arrangement with us and at the same time encourage you to review your Wills & Estate Planning needs, this is so your Wills can continue to reflect your wishes and current legislation, …
Probate is a subject very few individuals deal with or are even aware of. We would like to help you understand what Probate is, when its required and what it means to the people you leave behind. What is Probate? Probate is the process for dealing with the estate of someone who has died, which generally …
Britain’s paid out the highest ever amount of inheritance tax (IHT) to HMRC in 2017-18, with the latest figures showing the bill totalled £5.2billion, in 2018/19 that figure increased to an even higher bill of £5.4billion. Data shows that most of the inheritance tax payments come from estates worth between £500,000 and £1million. In 2016-17, …
Every day we make decisions about our lives. The ability to make these decisions is called mental capacity. If someone has difficulties that mean they cannot make decisions anymore, they will need help managing their finances. Accidents, strokes, brain injuries and Parkinson’s disease can also affect someone’s ability to make their own decisions. Handling …
This is a stressful and worrying time for everyone and As the UK begins to adjust to the “new normal” that we face amidst the COVID-19 pandemic, many families are approaching their affairs with an increased sense of reflection and pragmatism. In the Estate Planning and Probate sector, this has manifested itself in a significant …
The Office of the Public Guardian (OPG) has launched a new campaign intended to educate the public about the lasting power of attorney. The campaign hopes to combat myths suggesting that family members can automatically make financial and medical decisions on behalf of a loved one in the event that they are medically incapacitated. It …
Welcome to the all new Foresight Estate Planning & Will Writing website and our latest news section, we hope you enjoy your visit and find the information you have been searching for. Over the coming weeks and months we’ll let you know everything that has been going on in our company and any related industry …
