Search results for: wills and estates
Government must speed up new wills notification service for charities | Wills and estates
Thursfields urges this must be sped up… Thursfields Solicitors’ expert on charity bequests has called on the Government to speed up its plans to replace the service that notifies charities when they have been left money in someone’s will. Katherine Ellis, a Senior Associate Solicitor at Thursfields’ Birmingham office, was speaking after the charity sector…
Read MoreA simple review of your Will could save your family time, trouble and tax | Wills and estates
Inheritance Tax law has undergone a significant change in recent years. The introduction of the “Residence Nil Rate Band” means that couples may have inheritance tax allowances of £900,000 in the current tax year, rising to £950,000 on 6 April 2019. The basic Inheritance Tax allowance is £325,000 per person. A married couple have two…
Read MoreMaking a Will is a New Year resolution you should keep | Wills and estates
Family get-togethers over the festive period will hopefully nudge people into realising that making a Will is a New Year resolution they should keep. The advice from Thursfields comes as recent research found that 54% of UK adults don’t have a Will, and 5.4 million people have no idea how to make one. The research…
Read MoreAre you a couple with Wills written before October 2007? Wills and estates
You may have to pay up to £140,000 more Inheritance Tax and now is the time to seek specialist legal advice A new Inheritance Tax (IHT) relief called the Residence Nil Rate Band (RNRB) came into force last year. Under the Government’s current plans this additional relief will increase each year and by 2020/21 married…
Read MoreTop lawyer joins Thursfields’ expanding Wills & Estates team in Worcester
Thursfields Solicitors has recruited a highly skilled lawyer to become Associate Director of its expanding Wills & Estates team in Worcester. Ruth Baker joins the firm after spending seven years at Willans Solicitors in Cheltenham, where she was made a partner in June 2016. She was trained at Harrison Clark – now Harrison Clark Rickerbys…
Read MoreTracy Ashby returns to Thursfields as Wills & Estate Director.
Thursfields Solicitors confirms the reappointment of Tracy Ashby, as she returns to Thursfields as Wills & Estates Director. Tracy will be devoted to enhancing the Thursfields Private Client Services across Warwickshire, Birmingham, Solihull, and the surrounding areas. Tracy, who joins Thursfields from Wright Hassall in Leamington Spa, is widely regarded for her specialties in Wealth…
Read MoreThursfields Nominated for Solicitor Firm of the Year and Probate Provider of The Year at The British Wills and Probate Awards 2023
Leading law firm, Thursfields Solicitors, has been shortlisted for two awards at the British Wills and Probate Awards 2023. The firm nominations include Solicitor Firm of the Year in the Midlands, and Probate Provider of the Year – North and Midlands. The nomination for Solicitor Firm of the Year in the Midlands is particularly welcome…
Read MoreThursfields advises on sale of multi-million pound caravan park in West Midlands
A well-known West Midlands caravan park has been sold in a multi-million pound deal, thanks to expert advice from Thursfields Solicitors. Tony Gibb, head of the Commercial Property team at Thursfields, advised the clients involved on the sale by auction, along with Associate Solicitor Nicola Pearce. The sale followed advice to the Executors dealing with…
Read MoreReasons to instruct a Solicitor to make a Will and assist in the administration of an estate
There is a growing trend for people to prepare their own homemade Wills, rather than instructing a Solicitor to do so. Moreover, given the advent of online applications to apply for a Grant of Probate, executors named in Wills are increasingly deciding to deal with estate administration matters themselves, instead of seeking legal advice. This…
Read MoreTrusts and Inheritance Tax Planning Advice
Inheritance TaxAnd Trusts Inheritance tax law is a complex subject that requires careful planning and execution to ensure your goals of looking after future generations are met. Proactive legal advice is required to develop an effective strategy that reduces your overall liability while remaining compliant. This is where Thursfields can help. Our Trust & Inheritance…
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