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Samuel Phillips Law Blog

Tag: Inheritance

Family Law

What happens to inheritance when I divorce?

Going through a divorce is difficult for any couple, especially when it comes to dividing up assets. Past and future inheritances are often looked upon as a bolster in the family’s financial situation and many question if this will become part of the ‘marriage pot’ which is divided up on divorce.

Wills, Probate & Trust

Your £1M inheritance tax free allowance is finally here… or is it?!

At the moment I am finding it hard to remember a time pre Covid-19. Before that it felt like Brexit had been with us forever. But, if you think back very hard, before all of that, when Boris was still the Mayor of London, you might remember an announcement that the inheritance tax threshold would be increased to £1M. Well today, 6th April 2020, is the day when that announcement finally becomes reality….. well sort of. In reality, having the full allowance available depends on many things, including the contents of your Will.

Wills, Probate & Trust

If you’re considering divorce, or in the midst of divorcing, don’t overlook making immediate changes to your Will

Going through divorce is one of the most stressful experiences in life. On the Holmes & Rahe Stress Scale, it ranks higher than imprisonment and is second overall.  It is akin to grieving upon the death of a loved one.

Wills, Probate & Trust

Where there’s no Will, there’s a way

The grieving process can be traumatic and highly emotional, which can often be made significantly worse once family, friends and loved ones look to sort out the deceased persons affairs. From time to time, we deal with families where their loved one did not leave a Will, or in some cases, where they have been left out of the Will entirely.

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