What is a Lasting Power of Attorney (LPA)? A Lasting Power of Attorney is a document that enables you to appoint another person (or persons) to make important decisions on your behalf, in the event you lose the mental capacity to understand information and make decisions for yourself. The person making the Lasting Power of…
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At Redkite Solicitors we suggest that every adult should create a Will but it is especially important to consider writing your Will in the following circumstances:- after buying your first house or investing in any kind of property after getting married or entering into a civil partnership after setting up home with a partner or…
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What is the role of a Financial & Property affairs Lasting Power of Attorney? A Property and Financial Power of Attorney, known as an LPA, or P&FLPA is an important document that allows your chosen attorneys to manage your financial affairs if you no longer want to, or if you are unable to manage them…
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The Renting Homes (Amendment) (Wales) Act 2021 (“the Act”) will come into force in the first half of 2022. With it will come some significant changes to the way in which landlords rent out their properties. It is important to note at the outset that this legislation relates only to properties in Wales and not…
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To read the latest newsletter produced by our specialist Employment Law Team, click here: Redkite Digest -May 2021
Who Pays Inheritance Tax? The executor of the person’s estate, who will have been named in the deceased’s Will, or the administrator of the estate if the person died without making a will, are responsible for administering the estate of the deceased, and ensuring that all debts of the estate are paid. This includes calculating…
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‘These documents are a critical component of any business’s succession planning, crisis management strategy, and risk management policy.’ Making a Business Lasting Power of Attorney allows you, as the operator of a business, to appoint an attorney or attorneys to make decisions and act in relation to your business affairs when you are otherwise unavailable…
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Buying a new build home is an attractive proposition for many, especially first-time buyers who can benefit from a number of financial assistance initiatives, such as Help to Buy equity loans. For many, it may be the idea that they will be the first to live in the property, with all new fixtures; or it…
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The recent ITV comedy-drama Finding Alice told the story of a woman called Alice, who had recently lost her partner, Harry, in a tragic accident in their home. Through the twists in the story and brief moments of humour, as a viewer, we discovered about how Alice struggled to deal with Harry’s affairs after his…
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Testamentary Capacity – who holds the burden of proof and is the current 150-year old test outdated? Last year, Susan Bond successfully overturned her mother’s Will which left her entire estate to her son, John Clitheroe, on the grounds that she lacked testamentary capacity to make a Will. John Clitheroe is now appealing to the…
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