News

What is the Court of Protection?

25th March 2021

The Court of Protection is the division of HM Courts & Tribunals Service which oversees decision making for those adults who lack the mental capacity to make their own decisions. It works alongside the Office of the Public Guardian and receives many of the concerns raised about misbehaviour by anyone who has responsibility for dealing with the affairs of incapacitated adults. Read more…

Co-Ownership of Houses and Flats, Land and Buildings

17th March 2021

The are many ways of owning land and buildings, including your home, along with other people. The simplest types of co-ownership are referred to by lawyers as owning as Beneficial Joint Tenants under Joint Tenancy or as Beneficial Tenants in Common under a Tenancy in Common. Read more…

Important tax changes that landlords need to know for 2021

10th March 2021

Landlords are facing many property tax changes which they need to be aware of in 2021. Along with this, the impact of the Coronavirus pandemic and Brexit certainly has and will continue to cause disruption to the property market. We have summarised the key changes that landlords will be facing this year and must know about. Read more…

What Are Digital Assets?

5th March 2021

We all acknowledge that we are now living more of our lives online and this applies not only to our working and social life, but also our financial lives. Many of us will operate our bank accounts, pay all our bills and even own and manage investments wholly online.

This has led to growth of the term “digital asset”. There is no legal definition of a digital asset and it has come to mean a number of different things. To understand what digital assets are, we have to understand the difference between digital records and property rights and interests. Read more…

Plan for Stamp Duty Holiday to be extended by three months

1st March 2021

In July 2020, the government announced the suspension of stamp duty fees on the first £500,000 of all property sales to improve the market in England and Northern Ireland. This provided the opportunity for buyers to save as much as £15,000 if they are purchasing a property that is priced at £500,000 or more. Read more…

How can I find out if a Will has been left and what happens if there is no Will?

24th February 2021

It is important that your Will can easily be found when you die. Therefore, it should be kept securely, and in a location, which is known to your Executors. Otherwise, your Will may not be put into effect and your estate may well be distributed as if you had made no Will at all.

If you have made more than one Will then you need to ensure that your Executors under that Will find it before anyone presumes that your earlier, revoked Will, is your last Will. Read more…

Lasting Powers of Attorney (LPAs)

19th February 2021

Gilbert Stephens Solicitors has an experienced group of Private Client practitioners working in each of our six offices. Amanda Farley, Solicitor working in our Sidmouth office, writes about Lasting Powers of Attorney. Read more…

How to make a Will?

15th February 2021

What is a Will?

A Will is the only document which allows for you to control what happens to your personal belongings, your money, your property and your investments (what lawyers call your “estate”) when you die. In your Will, you can also choose who will look after putting your wishes into effect, as your Executors, and who will look after your children, as their Guardian, if you die when they are still under the age of 18. Some people also set out their funeral wishes in their Will. Read more…