The Wills and Probate team at Nicholson Portnell have been hard at work participating in the annual Will Aid Scheme. Sara Frost, Alan Douglas, Rebecca Griffiths and Michelle Forster are all members of the specialist Society of Trust and Estate Practitioners. They have prepared simple Wills free of charge for clients who have made a […]
It was announced last month that HMRC received £5.36 billion from inheritance tax in 2021/22, an increase of £700m from the year before. As with everything, this figure has been affected by the pandemic but rising property prices is likely to have had an impact too. As no changes were announced in the 2022 […]
The new ‘no fault’ divorce procedure is due to come into operation on 6 April 2022. The application will only need to detail that there has been an irretrievable breakdown in the marriage. There will no longer be a need to prove this by citing adultery, unreasonable behaviour, or periods of separation. The current […]
Emma Heather, Partner at Nicholson Portnell, has been appointed as a Deputy District Judge on the North Eastern Circuit. The appointment made by the Lord Chief Justice takes effect from 18th May 2020. Emma’s busy litigation work for Nicholson Portnell will continue as the mainstay of her professional activities. The Partners and Staff at Nicholson […]
When a marriage breaks down the parties will usually seek legal advice as to how their assets should be divided. Matrimonial assets include any pension benefits which the parties owned at the date of their separation. Generally only those pensions which have been built up during the marriage (and any period of living together immediately […]
The Society of Trust and Estate Practitioners has launched a new website www.advisingfamilies.org It contains lots of information, which is short, simple and accessible, addressing common issues, from why you need to write a will, to how you can provide for vulnerable family members or what you need to think about if you are retiring abroad. […]
It is now just over a year since revised rules relating to Stamp Duty Land Tax implemented. The aim seemed straightforward; SDLT payable on the purchase of our home is payable at a basic rate, but if we buy an additional residential property we pay the normal rate plus a 3% surcharge. However in practice […]
A new IHT relief is to be phased in from April 2017 starting at £100,000 and increasing in stages to £175,000 by 2020/21. There are however conditions attaching to the allowance which mean that it will not be available to everyone. The intention of the new relief is to make it easier to pass the […]