19.06.24
Many families we see come to a meeting with some trepidation. On a regular basis parents start the meeting with ‘I know I should have done this years ago, but I’ve just kept putting it off’. This blog explores why some families put making a Will and Trust on the…
28.03.24
Trusts offer numerous benefits for safeguarding assets, ensuring the wellbeing and financial security of loved ones and navigating the intricacies of inheritance. As part of our #AskRL blog series, designed to empower individuals and families by sharing straightforward information about complex legal issues, specialist solicitor Stuart Price answers some commonly…
06.03.24
A recent survey [1] of divorced parents found that finances are the biggest challenge for over a quarter of respondents when managing arrangements with their ex-spouse about their children. It also found that over half of respondents said that money was one of the biggest fears of the overall divorce…
08.01.24
A recent article in The Guardian newspaper “How royal estates use bona vacantia to collect money from dead people” caused outrage on social media. People were surprised to learn of the rights of King Charles III as the Duke of Lancaster and Prince William as the Duke of Cornwall to…
05.12.23
In this blog, we explain what you will need to consider when you have created a Discretionary Trust or a Disabled Person’s Trust and assets are to be added to it. We bring together expertise from the three companies in the Renaissance Group – Renaissance Legal, Renaissance Trust and Renaissance…
06.09.23
Whilst it’s lovely that someone has chosen to remember your child in their Will, this situation can cause a real headache for families if the child who is receiving the inheritance has a disability, as the inheritance can compromise the child’s means-tested benefits. In this blog we take a closer…
18.07.23
The Government has announced a change to how an estate is divided should somebody die without a Will. Currently, if a married person (or person in a Civil Partnership) dies without a Will, the law states that the first £270,000 (known as the Statutory Legacy) passes to the surviving spouse,…
11.07.23
Following on from part four of our series on practical tips for Estate Administration, this blog discusses some steps Personal Representatives can take to ensure the smooth administration of an estate where matters are complicated by family disputes or possible claims on the estate. Losing a loved one is an emotional time and…
20.02.23
It is not until we find ourselves responsible for things like making funeral arrangements that many of us realise how many practical issues and tasks there are to consider when someone dies. As part of our blog series on estate administration, we have put together this piece which explores some…
08.02.23
This article was first published in the Law Society’s Private Client Section magazine, PS, in November 2022. Philip Warford is managing director of Renaissance Legal and Scott Clayton is managing director of Renaissance Trust, specialists in helping families and carers of disabled and vulnerable people A recent Family Resources Survey…
