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Legal advice when setting up care for a loved one

As we get older, we are more likely to require assistance with our day to day life. If your loved one needs help with their care and well-being, obtaining legal advice can ensure you know what options are available. There are various legal documents that are designed to meet a person's wishes for later life, particularly a willliving will, and Power of Attorney. In this article, we look at some of the steps that can be taken when making care plans for a loved one.

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89 Hits

Choosing an executor – how do you decide?

When preparing your will, one of the most important things to consider is who will be the person that carries out your wishes and administers your estate when you die? This person is called an executor, and it is crucial to choose the right person (or people) to carry out this important role. Here we discuss how to decide who would be the best executor or executors for you and some of the things you should consider when making your decision.

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  139 Hits
139 Hits

Managing commercial rent arrears during the coronavirus pandemic – landlords’ options

COVID-19 has had a significant impact on many businesses, particularly those operating in the hospitality, leisure and retail industries. With income suffering and recovery likely to take some time, rent arrears continues to be an issue for numerous commercial landlords and tenants across Scotland.

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  240 Hits
240 Hits

How has COVID-19 affected the property market in Scotland?

It is difficult to think of an area of life that the coronavirus pandemic has not affected. Certainly, every legal service we provide at watersrule Solicitors has been impacted to some extent. In particular, we have seen significant changes happening in the residential property market.

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  355 Hits
355 Hits

COVID-19 Update from watersrule Solicitors

We are living in uncertain times at the moment. I am writing this message to all our clients and to potential new clients with watersrule to reassure you that we will remain available to you for advice and legal support over the coming weeks and months, providing “business as usual” as far as we can.

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  2253 Hits
2253 Hits

We are participating in 'Make a Will Month' - October 2019

Make a Will Month 2019 digital banner

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  834 Hits
834 Hits

Scottish house prices fall for first time in 3 years

The latest House Price Index report revealed the average property price in Scotland was £145,762 in February 2019. This was a 3.1 per cent decrease on the previous month and a fall of 0.2 per cent on February of last year (£145,982); the first annual drop in average property price in Scotland since March 2016.

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  874 Hits
874 Hits

Scottish and Welsh charities are the fastest growing legacy market

New research has revealed that Scottish and Welsh charities outperformed other parts of the UK in terms of real terms legacy income growth in the last decade.

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853 Hits

82 out-of-town retail units let out in 2018, according to recent report

As several major retailers are having to downsize in the current economic climate, new figures suggest budget chains such as Aldi and Lidl are driving an increase in take-up at Scotland’s retail parks.

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  849 Hits
849 Hits

Law Society calls for full review of 'problematic' cohabitation laws

Cohabitation laws in Scotland are in need of reform as they do not help grieving people or vulnerable individuals, according to a recent report by the Law Society of Scotland.

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  775 Hits
775 Hits

£88.9m funding secured for biggest office development in Glasgow

HFD Property Group has secured an £88.9 million development loan to complete the 313,116 sq ft accommodation at 177 Bothwell Street, the final part of the Bothwell Exchange office campus.

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  755 Hits
755 Hits

Laws of intestacy could be changing in Scotland - but what is the current process?

The Scottish Government opened a consultation on the 17th February, asking the public how the laws surrounding succession could be fairer and more representative of 21st century Scotland. The consultation focuses on two key ideas – intestacy rules for surviving spouses/civil partners, and cohabitation rights.

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  805 Hits
805 Hits

More than £2.5 billion invested into Scottish commercial property during 2018

According to the latest figures from Knight Frank, recent investment into industrial property, office and retail space has now led Scotland’s commercial property sector to have one of its most active years yet, with £2.5 billion worth of investment.

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  777 Hits
777 Hits

Law Society of Scotland launches consultation on rights of cohabiting couples

The governing body of Scottish solicitors is asking the legal profession and interested stakeholders for their opinion on the law surrounding cohabitants' rights.

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  947 Hits
947 Hits

Millions of parents transfer assets to children in bid to reduce inheritance tax

New statistics have revealed that 20% of parents in the UK have gifted assets to their children to mitigate inheritance tax.

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  868 Hits
868 Hits

Consultation on mixed-sex civil partnership

The Scottish Government has recently launched a consultation on mixed-sex civil partnerships following a Supreme Court ruling and an upcoming change to the law in England and Wales. 

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  727 Hits
727 Hits

Delays in Inheritance Tax Can Be Costly

Writing in Scottish Legal News, John McArthur has called for a complete reworking of the current state of taxes in the UK. “Unless the government find a simpler, easier and more streamlined system for collecting Inheritance Tax”, he states, “the system cannot cope with any increase in the number of estates subject to Inheritance Tax”.

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  783 Hits
783 Hits

Warning Over Reliance on Inheritance Expectations

A new report into intergenerational wealth transfer has found that over 11 million people aged between 25-45 in the UK expect to receive some sort of inheritance from their parents or grandparents, with nearly half (5.1 million) of these expecting to inherit at least £50,000 in fixed assets or money. 

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  837 Hits
837 Hits

Families Fail to Share Important Financial Information

British adults can be secretive about their finances and many don’t even share important pieces of information with close family members, which can be problematic when someone passes away

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885 Hits

Executor Personally Liable to Pay Inheritance Tax Bill

Acting as executor for an estate carries a great deal of responsibility, and while the majority of executries are completed without incident, complications can arise and executors can sometimes find themselves in a difficult and unexpected situation. 

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960 Hits

Planning Ahead to Help Your Loved Ones

Dying Matters Week is taking place from 14th – 20th May this year, and to mark the occasion Royal London published new research that highlights the top five tasks people should carry out now to help their loved ones after they pass away. 

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  895 Hits
895 Hits

Call for Evidence on Inheritance Tax

The Office of Tax Simplification (OTS) has published a call for evidence and an on-line survey to gather information about people’s experience and perceptions of Inheritance Tax.  

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  859 Hits
859 Hits

More People Willing to Leave Charitable Legacies

People are increasingly willingly to leave part of their estate to a charitable cause close to their heart, according to new figures released by Remember A Charity. 

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990 Hits

Disinherited Partner to Receive Share of Estate

In an interesting case from Wales, a judge in Cardiff’s High Court has taken the unusual step of overturning a deceased man’s will to award property and some money to his long-term partner, reports the Daily Mail

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  891 Hits
891 Hits

Research Reveals Substantial Inheritance Expectations

New research by Canada Life has found that as many as one in 25 people in the UK have inheritance expectations amounting to at least £1 million. For one in 50 people, these expectations exceed £5 million. 

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  928 Hits
928 Hits

Lack of Awareness of Cohabiters’ Rights

New research has revealed a lack of awareness amongst cohabiting couples of what their legal rights would be should their partner pass away. 

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1003 Hits

Estate Planning and Digital Assets

People are increasingly living their lives online and the question of how someone’s digital assets and accounts should be handled after their death has become the subject of some debate. 

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  980 Hits
980 Hits

Chancellor Requests Inheritance Tax Review

The Chancellor of the Exchequer, Philip Hammond, has apparently written to the Office of Tax Simplification (OTS) to request that it carry out a review of Inheritance Tax (IHT) in the UK. 

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  1102 Hits
1102 Hits

Charity Warns of Lack of Wills in UK

As many as 64% of adults in the UK are leaving their final wishes to chance by failing to prepare a will, Macmillan Cancer Support has warned. Worryingly, this includes 42% of people over the age of 55. 

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  1118 Hits
1118 Hits

Millennials to Receive Inheritance Boom

A new report from the Resolution Foundation has revealed millennials are in line to receive the largest and most wide-reaching ‘inheritance boom’ of any post-war generation. However, this won’t come in time to solve their home ownership and wealth inequality woes. 

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  1018 Hits
1018 Hits

Men Agree to Marry to Dodge Inheritance Tax

Two men in Ireland have announced that they intend to marry each other, even though they are both heterosexual, reports the BBC

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940 Hits

Inheritance Tax Projections Increase

The news that HMRC is projected to receive more inheritance tax (IHT) than initially forecast over the next five years should ring alarm bells for people with estates that are likely to be valued over the IHT threshold. IHT planning should now be a fundamental part of estate planning for everyone in this situation.  

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  1081 Hits
1081 Hits

The Impact of Technology on Will Making

The Law Commission for England and Wales recently conducted a public consultation exercise over reforms to the laws governing will writing in England and Wales.

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  1057 Hits
1057 Hits

Man Admits Faking Cousin’s Will

A 65-year-old man has appeared in court in Edinburgh after admitting he forged a relative’s signature on a fake will, reports the Evening News.

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  1237 Hits
1237 Hits

Court Accepts Text as Official Will

In an interesting will dispute case from Australia, Brisbane Supreme Court has ruled that an unsent text found on the mobile phone of a deceased man can be taken as his official will, reports the BBC.

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  1493 Hits
1493 Hits

Over-50s Prioritise Leaving an Inheritance over Personal Spending

New research has revealed that the over-50s are choosing to cut back on personal spending so they can build an inheritance pot for their loved ones. However, their children don’t share this view and would rather their parents spent their money on themselves during retirement instead of leaving it behind.

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  1091 Hits
1091 Hits

Survey Reveals Reluctance to Plan for the Future

New research by Royal London has revealed that around 70% of adults in Ireland do not have a will in place.

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  1073 Hits
1073 Hits

The Importance of Updating Your Will

Charity will campaign Will Aid has highlighted the importance of keeping your will up-to-date to reflect any changes in personal circumstances.

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  986 Hits
986 Hits

People Reduce Inheritance Expectations

New research has revealed that working age adults in Britain are not banking on a substantial inheritance to secure their financial future.

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1064 Hits

Milestone Moments Prompt Will Writing

Only around half of UK adults have made a will, according to will writing campaign group Will Aid.

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  1083 Hits
1083 Hits

Consultation over Proposed Will-Writing Reforms

The Law Society of England and Wales has welcomed the launch of a public consultation exercise by the Law Commission over proposed reforms to the laws relating to will-writing.

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1215 Hits

Heirs to Prince’s Estate Named

Over a year after Prince’s untimely death, a judge in Minnesota has named the singer’s sister, Tyka Nelson, and his five half-siblings as heirs to his estate, reports the Independent.

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1376 Hits

Study Predicts Greater Demand for Inheritance Tax Advice

New research from Prudential has revealed that financial advisers are forecasting a sharp rise in demand for inheritance tax (IHT) advice.

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1168 Hits

Grandchild Born ‘Out of Wedlock’ Denied Inheritance

In a recent interesting case from Canada, a man has been told that he is not entitled to any inheritance from his grandmother’s estate because he was born ‘out of wedlock’, the Toronto Star reports.

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1088 Hits

Parents Support Early Inheritance Giving

New research into gifting behaviour has found that parents want to give away early inheritance gifts to help their children financially now rather than making them wait.

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1746 Hits

UK Government Drops Probate Fee Increase

The UK Government has recently announced that it will no longer be progressing plans to increase probate fees in England and Wales.

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1115 Hits

Estate Planning Discussions Help Families Prepare for the Future

Having an open conversation about estate planning is still proving difficult for many people, according to new research from Canada by BMO Financial Group.

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1084 Hits

Calls for VAT Exemption for Wills Containing Charitable Bequests

Charity consortium Remember A Charity has called on the UK Government to do more to encourage legacy giving by making the cost of writing a will containing a charitable bequest exempt from VAT.

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  63 Hits
63 Hits

Charity Receives Unusual Legacy

The Charities Aid Foundation (CAF) has been left a book of rare autographs as part of a generous legacy. CAF works with more than 50,000 charities and helps 250,000 people give to good causes.

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  1122 Hits
1122 Hits

The Importance of Having a Living Will

A charity has launched a new campaign highlighting the importance of people officially recording their medical care and treatment wishes in case injury or illness leaves them unable to make these decisions for themselves in future.

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  1092 Hits
1092 Hits

Less than Half of Adults in the U.S. have a Will

Recent research from the United States has found that only 42% of adults have estate planning documents such as a will or living trust in place. The percentage is even lower among those with children under age 18 (36%).

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  1274 Hits
1274 Hits

Lack of Inheritance Planning Causes Problems in China

According to a recent report by USA Today, only around 1% of senior citizens in China have written a will or conducted some other form of inheritance planning exercise, which is beginning to cause problems regarding the transfer of wealth.

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1143 Hits

Inheritances Deliver Biggest Benefit to the Wealthiest

New research from the Institute for Fiscal Studies (IFS) has found that younger generations are likely to inherit much more wealth than their predecessors did, both in absolute terms and relative to their other sources of wealth. However, within each generation, those who are already well off tend to inherit the most, and this has implications for inequality and social mobility.

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  1070 Hits
1070 Hits

Arts Council Reports on Acceptance in Lieu Scheme

The UK’s Acceptance In Lieu scheme has helped to secure a wide number of truly exceptional works of art into public collections in the last year, according to the Arts Council’s Annual Report.

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1146 Hits

Scottish Village Receives Bequest from Former PoW

A German man, who had been held as a Prisoner of War (PoW) in Scotland, has left a generous bequest to the Scottish village where he was detained, reports the BBC

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  1182 Hits
1182 Hits

Heir Uncovers Unexpected Inheritance

If you ever find yourself named as a beneficiary in a will, then normally the bequest that you receive is quite straightforward, such as a sum of money or a treasured memento. However, this is not always the case.

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  160 Hits
160 Hits

Calls for Incentives to Encourage Earlier Transfer of Wealth

A new report has highlighted the extent of the pensions and savings gap in the UK, with many adults failing to save enough money to provide for a comfortable retirement.

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1721 Hits

Misunderstandings about Inheritance Tax Could Prove Costly

A recent survey has revealed a worrying lack of understanding of inheritance tax (IHT), which could leave many families suddenly facing an unexpected tax bill.

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1310 Hits

Study Gives Insight into Views on Inheritance

A recent study from Canada has given an interesting insight into the older generation’s views on spending all their money verses leaving an inheritance for their children.

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  1285 Hits
1285 Hits

Nation Acquires Another Painting through Acceptance in Lieu Scheme

A major full-length portrait by Sir Joshua Reynolds of the 5th Earl of Carlisle has been accepted in lieu of inheritance tax for the nation.

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  1467 Hits
1467 Hits

Increase in Property Sales above Inheritance Tax Limit

New research by Saga Investment Services has found that the proportion of properties sold in England and Wales above the £325,000 Inheritance Tax (IHT) ‘nil-rate band’ looks set to reach record levels in 2016.

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  1242 Hits
1242 Hits

Judge Rejects Claims on Prince’s Estate

The ongoing saga of who will inherit Prince’s estate following the singer’s death earlier this year has taken a new turn, with a Judge apparently denying the claims of close to 30 hopeful beneficiaries, reports the Telegraph.

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  1345 Hits
1345 Hits

Over-50s Plot £50,000 Pension Giveaway

New research by Saga Investment Services has revealed that a growing number of over-50s are planning to hold back savings in their pension to pass on their wealth tax-efficiently.

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  1545 Hits
1545 Hits

Communicating Later Life Plans

It can be difficult for families to initiate discussions about important topics such as retirement preparedness, eldercare and estate planning, but a recent survey by Fidelity Investments has found that children are more prepared to help out than parents might think.

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  283 Hits
283 Hits

Family Changes Trust Rules on Inheritance

A wealthy family has changed the inheritance rules linked to the estate that has been in the family for generations, to ensure that the same-sex partner of any gay descendants will be entitled to a life-interest in the property, reports the Daily Mail.

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  1213 Hits
1213 Hits

Irish Courts to Decide on Home-Made Will

A judge at the High Court in Ireland has been asked to decide whether the signing of a ‘home-made’ will had the effect of revoking previous wills, reports the Irish Independent.

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  1233 Hits
1233 Hits

Inheritance Plans Affected by Family Financial Support

New research has revealed that the proportion of new retirees who know they will be able to leave an inheritance to their loved ones has fallen to its lowest level in six years.

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  1499 Hits
1499 Hits

Scottish Housing Market Picks Up

The latest RICS UK Residential Market Survey has revealed an increase in the supply of Scottish residential properties coming on to the market during April, which is the first increase in three months.

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  1376 Hits
1376 Hits

IFS Chiefs Proposes Inheritance Tax Overhaul

The head of one of the leading think tanks in the UK has stated that the government should consider overhauling inheritance tax and how the system works in the UK.

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1404 Hits

Part-Time Working to Increase Amongst Men

The next ten years will see a dramatic rise in the number of men working part-time, according to a new report from the UK Commission for Employment and Skills (UKCES).

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1517 Hits

First-Timers Better Off Buying than Renting

An interesting new piece of research by Lloyds Bank has revealed that first-time buyers in the UK are on average £865 (10%) a year better off with their own home compared to those who rent.

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  1582 Hits
1582 Hits

Parliament Publishes ‘Additional Homes Supplement’ Legislation

The Scottish Parliament has recently published new legislation that will introduce a supplement on purchases of additional residential properties in Scotland.

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  1541 Hits
1541 Hits

Fall in Number of New Wives Seeking Divorce

There has been a sharp fall in the number of divorces granted to wives during the early years of marriage, new research has found. According to pro-marriage think tank, Marriage Foundation, the number has fallen by as much as 50% since 1986.

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  1753 Hits
1753 Hits

Study Reveals Rise in Workplace Bullying

Workplace bullying is a growing problem in Britain and many people are too afraid to speak up about it, according to a new study by Acas.

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  1870 Hits
1870 Hits

Further Funding for Open Market Shared Equity Scheme

The Scottish Government have announced further funding for the Open Market Equity Scheme in the hope that it will provide first-time buyers with more support when getting on the property market.

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  1754 Hits
1754 Hits

Extension to Same Sex Marriage Legislation

An extension to existing legislation has meant that couples who have a civil partnership registered abroad or elsewhere in the UK can now marry in Scotland.

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  1590 Hits
1590 Hits

House Sales Increasing in Scotland

Figures based on September’s property markets showed a minor increase in the number of properties sold with an increase in the number of properties on the market cited as the main reason.

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  1748 Hits
1748 Hits

Scotland Bucks the Trend as Unemployment Rises

The number of people unemployed in Scotland has risen by 18,000 in the last three months according to official figures. Worryingly, this indicates that Scotland is bucking the UK trend with the number of unemployed falling throughout the country.

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  1518 Hits
1518 Hits

More Jobs Not Paying Living Wage Than Ever

The pay level for the considered adequate standard of living is not being met by many employers outside of London with one in four jobs failing to pay the living wage. 23% of jobs outside of the nation’s capital failed to pay the living wage with 19% not paying the wage in the city.

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  1654 Hits
1654 Hits

Scottish Property Still Seen as Good Investment

Following the political change and taxation differences, the Scottish property market is seen by many as a recovering market, or one that is a potential risk. However, according to a new analysis report, the Scottish property market remains a solid opportunity for investment.

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  1700 Hits
1700 Hits

Historical Case Redefines Definition of Work

A landmark case from Europe’s highest court has redefined the definition of employment with the court ruling that in the eyes of the law time taken to travel to and from work each day should count as working time.

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  777 Hits
777 Hits

Scottish Government to Consider Scrapping Employment Tribunal Fees

The Scottish Government are to consider scrapping the controversial employment tribunal fees stating that the fees serve only as a “restriction to justice”.

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  1615 Hits
1615 Hits

HMRC To Launch Crackdown on Minimum Wage

HMRC and the Department of Business and Innovation and Skills (BIS) are to launch a crackdown on companies not paying the minimum wage.

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  1620 Hits
1620 Hits

Scotland Bucks UK Unemployment Trend in UK

According to the latest figures on employment, Scotland is the only nation bucking the unemployment figures seen across the rest of the UK.

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  1645 Hits
1645 Hits

Views Sought on Letting Agents Code of Practice

The Scottish Government has launched a consultation over proposals to implement a new code of practice for letting agents and the requirement for letting agents to undergo training before they can be added to a register.

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  1803 Hits
1803 Hits

Amazon Accused of Creating “Degrading Environment”

Amazon, the world’s largest online retailer, have been accused of creating a hostile culture for workers following a New York Times report.

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  1767 Hits
1767 Hits

Same-Sex Adultery Not Reason for Divorce

Following a radio show on BBC Radio 4, a campaign has been launched to bring adultery laws up to date with the issues that exist in the 21st Century.

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  1692 Hits
1692 Hits

The Danger of Will Writing Services

A daughter has lost her stake in her father's home after she was deprived of her inheritance due to a botched will from a will-writing service.Ebenezer Aregbesola used Barclays' £90 will-writing service to create a will to hand down his inheritance to members of his family. His will instructed half of the London home to be given to his daughter,Tinuola Aregbesola, on his death.

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  2162 Hits
2162 Hits

Honda Pays $24 Million Settlement Follow Race Discrimination Claim

Honda has agreed to pay a £15-million settlement agreement over claims that it discriminated against some customers based on race.

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  672 Hits
672 Hits

Sikh Postman Wins Turban Battle With Disney

A Sikh postman working for Disney has won a legal case over claims that he was forced to work out of sight of visitors so that they would not see his beard or turban.

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1648 Hits

Female Employment at Record High in Scotland

Female employment in Scotland has hit a record high according to statistics from the Scottish government with employment across the country also rising.

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  2329 Hits
2329 Hits

Parties Meet Over Potential CalMac Strike

Last minute talks are underway in a bid to stop CalMac workers going on strike on Friday. Caledonian MacBrayne ferry staff are to go on strike on Friday but will stop working any overtime as of Wednesday.

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  604 Hits
604 Hits

Double Divorces on the Rise

The number of disgruntled former partners taking legal action for a second time against former partners has more than doubled in the last few years.

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  1236 Hits
1236 Hits

Gender Inequality Still Prevalent in Scottish Employment

Despite having one of the best female employment records in Europe, gender inequality is still proving to be a major issue in Scotland and the rest of the UK.

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  618 Hits
618 Hits

Reforms Too Lenient To Prevent Rise In Employment Tribunals

The number of reforms has almost doubled in the last year despite reforms to try and cap the number of tribunals. Despite an initial decrease in the number of cases, the numbers have since rebounded.

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  1896 Hits
1896 Hits

Strike Law To Change In Order To Prevent Back Door Strikes

The UK Government have warned that they will change the strike law in the UK in order to prevent strikes with a minimal turnout from unions.

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  1888 Hits
1888 Hits

Scotland’s Biggest Employers Not Paying Living Wage

According to an investigation by the BBC only ten of Scotland’s 50 biggest employers are actually paying workers the living wage.

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  1836 Hits
1836 Hits

Vicar Who Suffered “Four Years of Hate” Loses Employment Appeal

A vicar has lost his appeal to bring an unfair dismissal appeal against the Church of England after a court ruled that he was employed by God.

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  878 Hits
878 Hits

Scottish Property Prices Reach Record Quarterly Figure

According to the Registers of Scotland, property prices across the country rose sharply between January and March in 2014.

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  1767 Hits
1767 Hits

Rural Housing Reclassified to Evade LBTT Tax

According to property experts rural homeowners are attempting to reclassify their homes in order to make their properties more appealing to could-be-buyers.

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  871 Hits
871 Hits
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