Complete Estate Protection Wins Wealth Management Award for Estate Planning Specialist of the Year – Two Years Running!
In September 2024, the UK Small Business Awards 2024 were announced, and once again, small businesses from across the nation were recognised for their outstanding achievements. This prestigious event acknowledges the hard work, innovation, and entrepreneurial spirit of enterprises that contribute significantly to the UK
Understanding Inheritance Tax
When managing Inheritance Tax (IHT) is a critical issue for families in the UK, particularly with rising property values and frozen thresholds. Estates worth over £325,000 are taxed at 40%, and more estates are being caught in this tax net. For the 2022-23 tax year
Can Lasting Power of Attorney Be Used Abroad? A Guide for UK Citizens
When managing personal and financial matters becomes challenging due to age, illness, or incapacity, many UK citizens appoint someone they trust through a Lasting Power of Attorney (LPA). This legal document grants authority to a nominated individual (the attorney) to act on your behalf. But
Does a Spouse Automatically Inherit Everything in the UK with a Will?
When it comes to estate planning and inheritance laws in the UK, many people assume that a spouse will automatically inherit everything upon their partner's death. However, the reality is more complex. Understanding the nuances of inheritance laws is crucial for ensuring that your estate
Case Study: Securing the Future with Complete Estate Protection
Background John and Mary Bates, a couple in their late fifties, reside in Hartlepool. They have two adult children, Emma and James, and two young grandchildren. John recently retired from his job as an engineer, while Mary works part-time as a school administrator. With their children
The unclaimed estates list
When an individual passes away, their possessions and assets are collectively referred to as their estate. This includes everything from personal belongings and property to money and digital assets the person owned at the time of their death. In England and Wales, an estate typically passes
What is Grant on Credit and what does it mean?
The Spring Budget announced on March 6, 2024, includes significant changes to the current probate process. Starting April 1, 2024, Personal Representatives (PRs) such as Executors and Administrators can now apply to HMRC for a "Grant on credit" if they cannot pay the tax due
When Did Will Writing Begin?
Will writing, the practice of documenting one’s wishes for the distribution of assets and care of dependents after death, is an ancient and essential tradition that spans cultures and centuries. Understanding the history of will writing provides insight into societal values, legal evolution, and human
Case Study: Comprehensive Estate Planning for a Local Couple
Complete Estate Protection, a premier will writing service based in Middlesbrough, specialises in helping clients organise their estates to secure their family's future. This case study explores how we assisted a married couple in creating a robust estate plan, addressing their specific needs and concerns
Rising Inheritance Disputes: Mitigating the Risk
The rise in inheritance disputes can be attributed to several factors: Emotional Factors: Emotions can often run high when dealing with inheritance. Beneficiaries and relatives may feel they're not receiving their fair share, leading to disputes over the distribution of assets. Intestacies: When someone dies without a