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Inheritance tax planning requires careful consideration, and mistakes can lead to unnecessary tax liabilities or legal disputes. Here are some of the most common errors people make when planning their estate and how to avoid them. 1. Not making use of gifting allowances Many people fail to utilise their annual £3,000 gifting allowance, missing an…
The “golden rule” in regard to testamentary capacity is a legal guideline that ensures the validity of a Will, particularly when the person making the Will (the testator) may be of advanced age or experiencing mental health issues. The rule advises that in situations where there is any doubt about the testator’s mental capacity, a…
When creating or altering a Will, ensuring that the person making the Will (the testator) has testamentary capacity is crucial. Without it, the legal validity of the Will could be challenged, leading to disputes, delays, and potentially costly legal battles. In this blog post, we will explore the legal implications of lacking testamentary capacity, how…
Free Wills Month in October is fast approaching! This bi-annual event gives those aged 55 and over the opportunity to have a simple Will written (or updated) free of charge by a participating solicitor. Clients are invited to consider leaving a legacy in their Will to one of many national charities that are part of…
TSF specialise in mental capacity assessments in England and Wales.
Phone: 0333 577 7020
Email: info@tsfassessments.co.uk
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