The UK Trust Registration Service (TRS) is a new online platform which trustees should use to register trusts with HM Revenue & Customs. The service came into existence in 2017 and as from 1 September 2022, most trusts will need to be registered. HMRC have the discretion to share information with other authorities who may…
Buying a property? It’s time to make a Will and an LPA. If you are buying a property, you should make or review your Will and Lasting Power of Attorney (LPA) for the following reasons: Property is one of the biggest assets you will own so it’s important to consider who you want to inherit…
Going through a divorce or separation? It’s time to make a Will and an LPA. If you are getting divorced or separating from your spouse or partner, you should make or review your Will and Lasting Power of Attorney (LPA) for the following reasons: Your previous Will remains valid even after your divorce. However, any…
This article was edited on 26 July 2023 to reflect that the amount of the statutory legacy increased. When someone dies without leaving a Will, it can make things difficult for those left behind. We take a look at the problems that can arise and introduce the platform we have invested in to show clients…
After someone dies, their affairs need to be wound up and their estate distributed to the beneficiaries entitled to inherit. This can often be time-consuming and complex. The person administering a will, known as the executor, has a duty to the estate to deal with the administration promptly and ensure that all of the liabilities…
Gloucestershire’s premier law firm Tayntons has teamed up with South West charity Heart Heroes, to raise awareness of the benefits of leaving legacies to charities in your Will. Heart Heroes provide services for children with congenital heart disease and heart problems, to help them meet others who are in similar situations. Run entirely by volunteers,…
To contact us please call 0800 158 4147 or 03330 145451 or email info@tayntons.co.uk
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