Many people are familiar with the idea of the administration or probate process; however, most do not actually know what a Grant of Representation is, or that there are different types. Ultimately, the Grant of Representation is a document sealed and issued by the Court, which provides the Executors or Administrators of an estate with […]
Last May the Ministry of Justice proposed the introduction of increased probate fees on a tiered system based on the deceased’s assets. This tiered system confirmed that lower value estates, up to £50,000 would be exempt from probate fees whereas those with assets of more than £1m will have to pay probate fees of between […]
If you ask your client if they want to create a trust you will receive varied responses: for example, ‘It’s a good way to save tax’. According to research the main reasons why people want to create a trust is to control the assets: for example, to prevent children from gaining access to money before […]
Gift of Property between Spouses We look at making a Gift of Property between Spouses in the case study below. Lifetime gifts can have complications. You need to understand the differences that occur when a mortgage is involved or no David and Sammy David and Sammy have been married for 5 years ago and have […]
An important announcement from SWW Trust Corporation
We are monitoring the COVID-19 situation closely. The welfare of our staff and customers are our main priority. Our offices are now closed, however we remain fully operational during this time. We’re contactable through the usual contact details.