News & Information

Discover when a Lasting Power of Attorney (LPA) ends in the UK and the key factors that lead to its termination, such as the death of the donor or attorney, revocation, or court intervention. This comprehensive guide outlines the circumstances that can invalidate an LPA, helping both donors and attorneys navigate their legal responsibilities with confidence.

This blog analyzes potential tax changes in Rachel Reeves' first Budget as Chancellor in November 2024, highlighting possible increases to Inheritance Tax, Pensions Tax Relief, and Capital Gains Tax. It explores how these tax adjustments could raise revenue while maintaining Labour's commitment not to increase Income Tax, National Insurance, or VAT, offering insights on what taxpayers might expect.

Despite the importance of having a will, 60% of UK adults haven't created one. This blog explores current will-making statistics, reasons behind the reluctance, and ways to encourage more people to formalize their wishes.

Starting from September 9, 2024, all deaths in England and Wales will require an independent review by a Coroner or Medical Examiner before a death certificate is issued. This change aims to ensure thorough scrutiny of all causes of death, affecting the registration process and potentially extending the time needed to complete it.

Zoopla's latest House Price Index reveals UK house prices are projected to rise by 1.5% by the end of 2024, showing resilience despite economic challenges. This positive trend is supported by steady income growth, offsetting higher mortgage rates and maintaining strong buyer demand.

AI is transforming the legal profession by automating tasks such as document review, legal research, and contract analysis, improving efficiency and accuracy. Despite these advancements, AI is not expected to replace lawyers completely due to its limitations in human judgment, client relations, and ethical considerations, positioning AI as an augmentation tool rather than a replacement in the legal field.

Learn about intestacy and the crucial role of wills in estate planning. Discover how the rules of intestacy dictate inheritance, why making a will is essential, and steps to locate a will if one exists.

Financial abuse is a growing concern, but it's not always perpetrated by strangers. Contrary to popular belief, a significant portion of financial abuse occurs within families.

In a recent press release, the Royal Institution of Chartered Surveyors (RICS) has reported a significant decline in UK house prices, marking the most substantial drop since the financial crisis of 2008. We at the IPW recommend our clients regularly review their Estate Planning requirements to make sure they are still relevant to their situation and intentions.

How Soon Should You Apply For Probate After Someone Dies? Provided By Sue Ioannou, Chair & Head of Training.