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News

Asha Promoted to Head of Property!

We would like to congratulate Asha Noor-Ahmed on being promoted to Head of Property at Carlyon & Son this week. Asha re-joined the firm in June 2022 after working at the firm previously. She has demonstrated a great standard of work since re-joining and has brought a wealth of knowledge to share with the rest of the team.

Wishing you all the best in your new position Asha!

Are you able to use a Lasting Power of Attorney (LPA) to deal with somebody’s Bitcoin?

Individuals can create a memorandum of digital assets with emails, usernames and passwords and store a copy of the memorandum with the Will or Lasting Power of Attorney (LPA). However, even if Attorneys or personal representatives have express power to deal with a digital asset...
•5th July 2023••, , , •no comments
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What rights and duties do executors have in respect of data stored on a computer owned by the deceased?

The executor is likely to have the power to access the deceased’s computer pursuant to their powers and duties as administrator. However, the deceased’s ownership of the computer does not necessarily mean that they also owned all the rights associated with the information stored on...
•29th June 2023••, , , •no comments
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Is there a time limit for an estate beneficiary to apply to obtain a full set of estate accounts from the personal representatives?

Section 25 of the Administration of Estates Act 1925 (AEA 1925) provides that the personal representative of a deceased person is under a duty, among other things, to exhibit on oath, when required to do so by the court, a full inventory of the estate and...
•22nd June 2023••, , , , •no comments
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Wills, Funeral and Burial Wishes – Can I control what happens to me when I am gone?

Introduction One of the most common conversations with have with our clients relates to funeral and burial wishes. Some have a clear idea of location and specific personal elements that they want those left behind to follow through. Perhaps this is to be buried or...
•15th June 2023••, , , , •no comments
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When will a gift of cash be treated as a gift with reservation of benefit for inheritance tax purposes?

Background It may come as a surprise to some that the gift of cash is subject to a unique set of taxation rules. Only in recent decades have HMRC introduced the concept of gifts subject to a reservation coming at the same time as the...
•6th June 2023••, , , , , •no comments
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