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Civil partnerships were reserved for same sex couples only. However, in recent years opposite sex couples have been campaigning for civil partnerships for heterosexual couples. The Supreme Court of England and Wales ruled in favour of civil partnerships for all, as the Civil Partnership Act 2004 was seen as an infringement of the European Convention […]

There are approximately 500,000 deaths registered in the UK each year. And, people rarely have an account only with one bank or building society. So, when someone dies, letting these institutions know can be both time-consuming and stressful.   The new online Death Notification Service aims to make the process of contacting banks, and closing the […]

According to the latest figures, there are currently 9,254 unclaimed estates in the UK. With the average value of an estate worth around £150,000, the total amount of this unclaimed inheritance could be worth billions. Property, money, personal belongings and other assets are being left in limbo instead of being passed on to relatives or […]

According to the latest figures, while they are rising in popularity, fewer than 1 in 10 adults have made a Lasting Power of Attorney (LPA). An LPA is one of the best ways to protect yourself and your wishes, should you become unable to make financial or health decisions for yourself. There are two kinds […]

According to the latest research, the majority of over-50s don’t understand essential Inheritance Tax terminology. Furthermore, this lack of financial education could result in them passing on less than they expect. The research found that, of the over-50s surveyed: Fewer than 30% understood key Inheritance Tax terminology Only 27% were able to correctly identify that ‘nil-rate […]

A recent case involving a cohabiting couple has highlighted the need for a robust Will after a man died and the judge awarded his surviving partner more than he intended. There has been a rise in disputes between family members over inheritance. And a recent case has shown that a cohabiting partner might have a […]