Talk to us:

01566 772375

Talk to us:

01566 772375


What type of will do I need?

You may not realise it, but when it comes to making a will there are different types to choose from and, as Deborah Adams, head of private client department at Parnalls in Launceston explains, the right type of will for you will depend on your circumstances. ‘Making a will helps to ensure that when you

How to choose an executor to administer your estate when you die

When making your will you need to appoint at least one executor who will be responsible for the important task of dealing with your estate on your death.  Deciding who to appoint is one of the most important decisions you will ever have to make so you need to consider your options carefully. Deborah Adams,

Why you should always use a solicitor to prepare your will

Making a will is one of the best things you can do to ensure your family are taken care of when you die and that your money, property and other belongings are passed on to the people or good causes you have chosen. To make a valid will there are certain requirements that need to

Coronavirus: Wills and Powers of Attorney FAQ

The continuing effects of coronavirus remain uncertain. Understandably, many people are concerned about its potential impact upon them and their loved ones. Deborah Adams Director of the Wills and Probate Department at Parnalls has put together some common questions clients are asking at this difficult time. You should check the Government website for the latest

What happens when there is no health & care LPA in place

‘Never put off till tomorrow what may be done the day after tomorrow just as well,’ said Mark Twain in 1881 – when on average men died at 50 and women reached 56. Nowadays, average life expectancy for men in the UK is 79 and 83 for women, and one-in-every-fourteen people over 65 is likely

Trustees’ duty to give information to beneficiaries

It can be flattering to be asked by a relative or close friend to be a trustee of their estate, but this is a role with important legal obligations and disputes can arise when beneficiaries do not agree with the actions of trustees.  One such area of potential disagreement is the amount of information that

Wills & Succession in Spain by Deborah Adams

Whilst it is always important to have a Will, this is particularly important if you are an expat resident in Spain, or even if you just have a holiday home there. The Brussels IV Regulation that came into force in August 2015 was intended to simplify matters between member states when making Wills and dealing

Changing a will after someone has died: it is possible and it could save you money

Sometimes the generosity of a friend or relative leaving you a gift in their will can backfire if it turns out your estate will need to pay tax on it or if there is a chance that it could be swallowed up in future care costs or in satisfying some other type of claim. It

Leaving a gift to charity in your will

Leaving a gift to charity in your will Time spent with family and friends over the festive period can make you realise how precious life is and the importance of ensuring that those you love and care about are provided for when you die.  Among those you wish to benefit from your will may be

Making financial gifts during your lifetime (Part 2)

In an earlier article, Deborah Adams, head of private client department with Parnalls in Launceston, explained how making gifts of money or property during your lifetime could help reduce the inheritance tax payable on your estate when you die.  In this article she looks at how making potentially exempt lifetime transfers, under what is known