Mental capacity requirements to make a will With debilitating conditions such as dementia and Alzheimer’s on the increase, the question of whether or not a person has mental capacity to make a will frequently arises. Deborah Adams, wills and probate lawyer at Parnalls in Launceston explains the rules. Assessing mental capacity Mental capacity, in the …
Motorcycle accidents Motorcyclists represent only a small proportion of road users but account for a significant percentage of the deaths and serious injuries on the roads. Unfortunately for motorcyclists, there is a greater risk of an accident causing serious personal injury. There are a number of reasons for this, including the fact that motorcyclists are …
Six ways to speed up your house purchase Finding the house of your dreams can be difficult, but once you have found it you will want to secure it as soon as possible. Louis Mathers, property lawyer at Parnalls Solicitors in Launceston, outlines how you can do this in six easy steps. “I am often …
As of 5th April 2017 new legislation offers further tax breaks for inheriting descendants, pushing a couple’s tax-free allowance up to £1m. But it’s not as simple as it seems. Deborah Adams, director of our private client team, explains what the RNRB means for tax and succession planning, lifetime gifts and properties over £2m. There’s …
This is when a family member needs to set up a Lasting Power of Attorney (LPAs). Deborah Adam’s, Director and Head of Private Client Department at Parnalls who deals with Probate, Wills and Financial administration gives her advice What are they and why are they so important? A Lasting Power of Attorney (LPA) is a …
Arguments are being made for abolishing Stamp Duty in the UK. The Kiwis did away with it in 1999. Now many economists here are stating that it is an inefficient tax that restricts the activity of the housing market. There are suggestions that to create a post-Brexit boom, Stamp Duty and other property tax should …
