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Posts Tagged: Estates

No Will, No Choice...

Posted by on July 22nd 2016 in Blog Posts, Private Client

In a recent news article, it has been highlighted that the reported cases of people who have sadly died without leaving a will has more than doubled over the past five years.

Their estates are then passed onto the Treasury in London and often these cases sit for years without any relatives realising that they may be entitled to inherit from a long lost member of their family over the last year. Sarah Gillard and Zoe Mansfield, who work in our Private Client Department are specialist's in intestate estates.

Many people pass away without leaving a will and on occasions the deceased...

Beneficiaries Beware

Posted by on January 27th 2015 in Blog Posts, Private Client

A recent case (Hutchings v HMRC) involving the beneficiary of an estate has highlighted the importance of beneficiaries being open with Executors about gifts. In this particular case the beneficiary, Clayton Hutchings, failed to disclose to the Executors of his Father’s estate that his Father had gifted him around £450,000 from his Swiss bank account to Mr Hutchings’ Swiss account in April 2009. The Executors reportedly asked Mr Hutchings and the other beneficiaries on two separate occasions whether they knew of any gifts made by their father prior to his death and as no disclosures were made the Executors submitted...