A – If you die without leaving a Will your Estate will pass following the “rules of intestacy”. These rules were first drawn up 1925 and are outdated and onerous and may mean that your Estate does not pass to…
A – Your Mum should be thinking about making a Lasting Power of Attorney (an LPA) to appoint people to manage her affairs should she be unable to manage her own affairs in the future. Just because there has been…
A –Lasting Powers of Attorney (LPA) are not exclusively for elderly people, although many people do not consider making one until they are beyond retirement age. There are two types of LPA Finance and Property and Health and Welfare. It…
It’s difficult to think of a time in the future when we may struggle to make important decisions regarding our own personal welfare. Yet no matter how distant that day seems, it always pays to plan ahead and prepare for…
What is inheritance tax? Inheritance tax is a tax paid on the property, money, and possessions of someone who has died. The tax is charged on your estate at 40% and the executor of your will is responsible for arranging…
What is probate? Probate is the legal and financial process involved in dealing with the assets of someone who has died. This formal grant of representation is required when someone dies who has significant assets which need to be realised,…
The Private Client team at Slater Heelis are asking the crafty folk of Greater Manchester to get out their knitting needles to help those with dementia. We are collecting ‘Twiddlemuffs’, a colourful and engaging dementia aid which can be made…
After a rigorous on-site assessment by the Law Society, Slater Heelis has been awarded the Lexcel Accreditation for excellence in practice management and client care for the 13th year in a row. The optional independent assessment benchmarks firms against the…
The fact that somebody has a diagnosis of dementia does not necessarily mean that they are unable to make a will. Determining whether someone is able to make a will depends on whether they have the “mental capacity” specifically to…
Following the announcement of Britain’s decision to leave the EU, the impact of Brexit on the property market has been one of the most discussed topics. The immediate negative impact on the market following the vote sent shockwaves through the…
