Videos like this “Inheritance Law in UK - Guide to Inheritance Law”
General rules of intestacy
When someone dies without leaving a will, their estate will be distributed under the intestacy rules. This video provides valuable information for people who encounter this situation.
Views: 8935 Simplify Probate
Inheritance Act Claims - how do you challenge a will?
+44 (0)207 620 6265 info@redwoodlegal.co.uk We cover a couple of cases we have dealt with involving disputes over a will. These are where a spouse or co-habiting partner do not feel as if they have been fairly treated by executors of a will. The Inheritance (Provision for Family and Dependants) Act 1975 was an important piece of legislation, allowing parties to challenge a will, even against the wishes of the deceased person who made it. As well as a look at these two cases (one a spouse going through a divorce at the time of her husband's death, the other a co-habiting partner whose boyfriend died unexpectedly and the family cut her out of the will), Richard Parsons gives a whistle-stop tour of the way inheritance claims are made and what categories of persons can make claims under the legislation.
Views: 2691 Redwood Information
What is inheritance tax (IHT)? - A Which? guide
http://www.which.co.uk/money/tax/guides/inheritance-tax-explained/inheritance-tax-thresholds-rates-and-who-pays/?utm_campaign=video_money&utm_medium=video&utm_source=youtube_channel&utm_content=inheritancetax&utm_term=description Figuring out what inheritance tax is and how it applies to you and your family can be complicated but this simple guide should help you understand the basics. Watch the video then click the link to read our full guide on what inheritance tax is and how to deal with it.
Views: 7422 Which?
What Is Probate And What Should You Do When Someone Dies?
What is probate? - http://www.theprobatedepartment.co.uk/ What exactly is probate? 'Probate' is a phrase commonly used to mean applying for the right to deal with a deceased person's affairs. It's frequently also known as 'administering the estate'. This brief video explains how to start the probate process, and what you need to do when someone dies. For further information, please visit: http://www.theprobatedepartment.co.uk/
Views: 6925 Steve Pett
When Can A Beneficiary Compel An Accounting From An Executor, Trustee Or Administrator?
Estate and trust accountings are tedious, time consuming and expensive. New Jersey law does not require that personal representatives (executors, trustees and powers of attorney) prepare a formal accounting as part of their fiduciary obligations to their principal. In this video Fredrick P. Niemann, Esq. of Hanlon Niemann explains the difference between a formal vs. informal accounting and when a fiduciary can and cannot be compelled to render a formal accounting. A must watch for executors, administrators, guardians, trustees and all personal representatives responsible for the financial affairs of an incapacitated person, or the probate of an estate under administration.
Views: 5667 NJElderLawCenter
Land Law - Unregistered and Registered Land Principles Part 1
Unregistered and Registered Land Principles Welcome to the Official Law Sessions Youtube Channel. Subscribe NOW. DISCUSS LAW WITH US AT http://www.facebook.com/lawsessions SUBSCRIBE TO OUR LECTURE SERIES AT: http://www.lawsessions.com (Opens January 1, 2013)
Views: 39123 Law Sessions
PM Modi unveils plaque to mark the dedication of Mohanpura Irrigation & other projects to the Nation
Prime Minister Narendra Modi unveils plaque to mark the dedication of Mohanpur Irrigation and several development projects to the Nation in Rajgarh, Madhya Pradesh
Views: 539 PMO India
How to Administer an Estate: The Key Probate, Wills & Inheritance Tax Issues
Suzanne McCulloch, solicitor in the wills, trusts and probate team at IBB Solicitors, discusses the administration of an estate when a family member or close relative has passed away. For more information please visit: http://www.ibblaw.co.uk/service/wills-trusts-probate 1. The priority is to register the death as you cannot do anything without the death certificate. The death is usually registered by the closest relative. 2. You should then start making the funeral arrangements and also find out if your relative made a will and who was appointed as executors. The will may sometimes contain directions for the funeral. There should be a copy of the will at home and the original will usually be held by the solicitor or wills draftsman or by the bank. What is the role of the executor? The executor's role is to administrator the estate i.e. (i) to obtain probate - if that is necessary (ii) close off bank accounts and investments (iii) pay off debts and inheritance tax (iv) distribute or dispose of personal effects (v) sell or transfer any property (vi) paying legacies (vii) distributing the estate amongst the beneficiaries Who can be an executor? Executors can be family or friends, or a firm of solicitors. Family or friends who are named as executors can also employ a firm of solicitors to administer the estate for them. What is probate? Probate is basically proving the validity of the will through the probate registry - which is a branch of the courts. To apply for probate you will need to supply details of all the assets and liabilities in the estate - in the application forms. Why is probate needed? Probate is needed to release the assets of the deceased to the executors. Each organisation (bank, building society etc) has a different limit above which probate is needed. Usually this is around £20,000. Joint assets generally pass to the surviving joint owner and probate is not needed or these. What happens if there is no will? If there is no will, then the relative will have died intestate. This can delay and complicate matters so you should contact a solicitor as soon as possible. The law sets out the order in which family take the estate and also who can take out the grant to administer the estate. When is inheritance tax payable? There is no inheritance tax payable between spouses or civil partners. Otherwise it is paid on estates worth over £325,000 or if there is transferable nil rate band from a spouse or a civil partner who has died first, then the nil rate band can be as much as £650,000. There are other reliefs and exemptions available about which your solicitor can advise. Otherwise inheritance is payable on all assets over the available nil rate band payable at 40%. For more information on estate administration, inheritance tax, wills, trusts and probate matters contact Suzanne McCulloch, or one of our wills, trusts and probate solicitors on 01494 790002 or via email at estatemanagement@ibblaw.co.uk. Alternatively please visit http://www.ibblaw.co.uk/service/wills-trusts-probate For further information please refer to the respective pages: Writing and Reviewing Your Will http://www.ibblaw.co.uk/service/wills-trusts-probate/wills-and-trusts Probate Services http://www.ibblaw.co.uk/service/wills-trusts-probate/probate-services Probate Litigation / Contentious Probate (How to Contest a Will) http://www.ibblaw.co.uk/service/wills-trusts-probate/contentious-probate Inheritance Tax and Estate Planning http://www.ibblaw.co.uk/service/wills-trusts-probate/inheritance-tax-and-estate-planning Lasting Powers of Attorney http://www.ibblaw.co.uk/service/wills-trusts-probate/lasting-powers-attorney Court of Protection http://www.ibblaw.co.uk/service/wills-trusts-probate/court-protection-service Resources: Lasting Powers of Attorney https://www.youtube.com/watch?v=16zyBAVec9M Wills, Trusts and Probate Team IBB Solicitors The Bury, Church St, Chesham, Buckinghamshire HP5 1JE
Views: 8776 IBB Solicitors
How to Reduce Your Inheritance Tax Bill
Estate planning is easier than you think - there is no need to buy specialist products to reduce your IHT bill, just get to know your legal allowances. http://www.morningstar.co.uk -~-~~-~~~-~~-~- Please watch: "Should You Be Worried About the Economy?" https://www.youtube.com/watch?v=WUzqTPeI9IM -~-~~-~~~-~~-~-
Views: 4532 Morningstar UK
International Marriage in Japan / Tips for tricking your Japanese in-laws into liking you (Part 1)
PART 2: https://www.youtube.com/watch?v=rsuo8HQtpVc So I wanted to record a funny video about how to trick your Japanese in-laws into liking you :D Because I absolutely adore my husband's parents. This video ended up long and ramble-y, so I split it into two parts. So. This is part 1. It's basically a bunch of prequel stuff. I will post the "REAL" video tomorrow. One-time donation (to support the creation of videos): http://howibecametexan.com/donate/ Monthly support via Patreon: https://www.patreon.com/TexaninTokyo ------------------------------------------------------------------------------------------ Buy my comic books: https://www.etsy.com/shop/TexaninTokyo My comics (on Amazon): http://goo.gl/5SzZCr My comics (on my blog): http://howibecametexan.com/latest_blog_posts/ ------------------------------------------------------------------------------------------ My blog: http://howibecametexan.com/ Facebook: https://www.facebook.com/TexaninTokyo Twitter: https://twitter.com/texan_in_tokyo
Views: 162138 Texan in Tokyo
Mr. Jim (JG) Banks "The Probate King" THERE REALLY IS A SECRET MARKET
It's HIGH TIME that we all stop competing against, and fighting our way through a feeding frenzy with the hordes of Average Investors over the same tired-out, over-priced auction calls. And, because we can, we really need to (must) stop waiting around for the economy to change before tapping into this most lucrative market that never runs dry...ever. Think of it: You go to an auction that is hoping to sell all type of items that you want and can easily resell for big profits. You then look around you and discover that you're the only bidder...is that worth listening to an hour on Probate by J.G. Banks...one of the (if not THE) country's leading authorities on the subject of Working in Probate. What if you could be handed this gigantic hidden market...'a money supply that is—as simple as it may be—the single-bidder probate market is grossly under-served and chock-full of real and personal property that absolutely MUST be sold — I.e., from houses and farms to motorcycles, boats and big-screen TV's. There's a right way and a wrong way to do everything in life; however, in the very close-knit world of Probate, very few know how to do it right, but when YOU do, you find big money immediately ready to jump into your bank account at pennies on the dollar ('whether it's you who has the money or a cash and credit partner that we can be or hook you up with). It seems that to a rapidly growing number, real estate investing has become just too restricted (re. Garn St. Germain, Dodd Frank, SAFE Act, etc.) and just too great a risk in todays strained economy. Stock prices are tumbling, commodity prices are going up, and real estate is only now beginning to recover (squeaking upward in some select areas). After the mortgage industry scourge of the last few years, most folks are a bit shell-shocked and waiting for the economy to recover fully before they are comfortable taking action with regard to their hard-earned money. But...there is an unpublished, little-known and little-understood real estate market place that few people know a thing about -- 'a captive market where 7-million residential properties wait to be bought cheap and re-sold for ridiculous profits. This is a market for the thinking investor: a market where you and I can find trillions of dollars in real estate profit that hasn't even been exposed to the general public...Yet!
Probate Specialists Discuss Probate Concepts and Process
For more information from the Probate Specialists, visit http://www.ukpropertyworks.co.uk/probate-property Probate Video 1: The One Where We Introduce The Concept Of Probate Hello and welcome to UK Property Works, Probate Video Number One - The One Where We Introduce The Concept Of Probate. Introduction to Probate Probate is not a term that people hear often. Unfortunately the first time we hear it tends to be at a difficult time, usually when someone might have had something bad happen to them. The simple definition of 'Probate' is, "the proving of the Will." It is taking the Will that someone had produced while they were still alive and making sure that what they said in the Will is exactly what their intentions were before they passed away. Probate is also the legal framework which Solicitors work to in order to distribute the assets within an estate according to what has been written within the Will. All of this information will be laid out clearly and in full within the Will. Essentially Probate does two things: number one, it proves the Will, and number two, it distributes the assets according to the Will itself. Assets found within an estate generally include everything that has been gathered within the lifetime of the person who has passed away which can include: property, money, premium bonds, shares, jewellery, cars, basically anything that can be accumulated within a person's lifetime. The Executor's are (or is) the appointed person (or people), who have the responsibility for distributing the assets in accordance to the Will. In a nutshell, Probate can be defined as: 'the distribution of the assets in someone's estate via a defined legal process.' The property within the estate can either be an asset or a liability, depending on what expenses are attached to it. There are other considerations worth bearing in mind if you do inherit (either in full or in part) a property: Consideration 1: Consider how far away the property is from where you live: is it practical to keep the property if it is some distance away? Consideration 2: What will you do with the property if you do choose to keep it? Will you move there yourself? Put a tenant in it? Etc. Consideration 3: Consider what changes may need to be made to the property -- is it dated? Does the room layout suit what people are generally looking for in a home today? Does it need a refurbishment -- do you have the resources (time and money, for example) to take on the refurbishment? Consideration 4: Is Council Tax due on the property? The insurance on the property can sometimes be a big issue -- any property that is empty for more than 60 days (depending on the insurer) becomes problematic. Is the insurer happy to keep on with the policy? These are things you will need to find out. Around 500,000 new probates are processed each and every year in the UK, which builds up a large backlog of empty properties that are sitting vacant or unsold. There is no time limit on how long the probate process itself can last. It typically ranges from 6 -- 18 months, but can be anything up to 10 or 20 years, and in extreme cases, even longer. Whilst it is a difficult time to make decisions, it is important to decide what you want to do with the assets distributed to you. In Summary We have covered what probate is (the testing of the Will and the distribution of the assets and liabilities within the estate). We have looked at some key definitions in the probate process, which we will cover in later videos. We have seen some of the types of asset and liabilities that can be distributed, and briefly touched on the legal framework surrounding that. We have taken a look at the biggest asset (or liability) to be distributed within the estate -- a property. We have been asked some key questions when it comes to dealing with a property that is in the probate process. Next Time In our next video, we will cover: Who is involved within the probate process. Issues surrounding Inheritance Tax. The process needed to be given the Grant of Probate. The legal and personal responsibilities of the Executor, and the importance of being the Executor to an estate. Why the main asset within the estate (the property) can be sold to help alleviate the problems associated with payments, bills and taxes. Join us in the next video. Can We Help? Have you inherited a property you want to sell? Is an inherited property sitting empty? Are you unsure what to do with the inherited property? Visit http://www.ukpropertyworks.co.uk/probate-property http://www.youtube.com/watch?v=cjddofsNvlQ&feature=youtu.be
Views: 1012 UKPWProbate
Business English training and coaching tip: how to be diplomatic at work
This Business English video tip is about being diplomatic. It is especially important if you do business with Americans, Brits, Canadians, the Irish etc. In Germany, it can be acceptable to be direct in many situations. If you have a criticism, it's okay to express this. In Anglo-Saxon and many English speaking cultures, it's more usual to be indirect or diplomatic. Watch the video to find out how you can be indirect in English. If you need to be critical or talk about a problem, you can use these phrases to soften your message. I hope the video helps you and I wish you the best of luck in your Business English meetings. Find more videos and learning tips on my website www.neilcollins.de Subscribe to my channel for weekly video tips on Business English.
Views: 18132 Neil Collins
What is inheritance tax? - MoneyWeek Investment Tutorials
Like this MoneyWeek Video? Want to find out more on inheritance tax? Go to: http://www.moneyweekvideos.com/what-is-inheritance-tax/ now and you'll get free bonus material on this topic, plus a whole host of other videos. Search our whole archive of useful MoneyWeek Videos, including: · The six numbers every investor should know... http://www.moneyweekvideos.com/six-numbers-every-investor-should-know/ · What is GDP? http://www.moneyweekvideos.com/what-is-gdp/ · Why does Starbucks pay so little tax? http://www.moneyweekvideos.com/why-does-starbucks-pay-so-little-tax/ · How capital gains tax works... http://www.moneyweekvideos.com/how-capital-gains-tax-works/ · What is money laundering? http://www.moneyweekvideos.com/what-is-money-laundering/
Views: 37022 MoneyWeek
Inheritance law: Rights of legal heirs
An interesting guide explaining the legal rights of heirs in an ancestral or a self-acquired property. Watch more videos: http://www.ndtv.com/video?yt
Views: 18917 NDTV
What Happens to Your Property When You Die Without a Will?
http://www.familylawgroup.com/die-no-will/ - Ever wonder what would happen to your property if you died without a will? This video takes you through the “intestate succession” process, according to the laws of California. Generally, the probate courts would look to your spouse, your children, your parents, your siblings, and on down the line. Of course, it all depends on which of your relatives survive you. Dying without a will is not the ideal situation. To avoid confusion, you can simply create an estate plan in advance and distribute your property exactly how you choose. For more information on estate planning in the San Francisco Bay Area, visit - http://www.familylawgroup.com/estate-planning/ General information only. Not legal advice. Attorney advertising.
Human Rights in the United Kingdom: Where Now?
Prior to the 2015 general election, the Conservative Party undertook in its manifesto to repeal the Human Rights Act 1998 and to enact a British Bill of Rights. In this video, Mark Elliott addresses three key questions raised by these proposals: First, what lies behind the desire of some politicians to secure the Human Rights Act’s repeal? Second, how might a British Bill of Rights differ from the present legislation? And, third, what constitutional obstacles might lie in the way of the implementation of these reforms? In relation to the last of those three issues, the argument is developed that although the UK Parliament has the legal power to legislate for the proposed changes, the increasingly multi-layered nature of the British constitution limits Parliament’s capacity to exploit its sovereign legislative authority. In particular, the constraining effects of international law - in the form of the European Convention on Human Rights - and the devolved nature of the modern British constitution are likely to limit the UK Government’s room for manoeuvre. As a result, it is likely to be difficult to deliver upon the manifesto commitments that were made in a legally coherent and constitutionally legitimate manner. Dr Mark Elliott is a Senior Lecturer in Law at the University of Cambridge and a Fellow of St Catharine's College. His main research interests are in the fields of constitutional and administrative law. Dr Elliott's recent publications include Elliott and Thomas, Public Law (2nd ed OUP 2014); Elliott, Beatson, Matthews and Elliott's Administrative Law: Text and Materials (OUP 2011, 4th edition); and Forsyth, Elliott, Jhaveri, Scully-Hill and Ramsden (eds), Effective Judicial Review: A Cornerstone of Good Governance (OUP 2010). Dr Elliott was the 2011 Legal Research Foundation Visiting Scholar at The University of Auckland, New Zealand. In 2010, he was awarded a University of Cambridge Pilkington Prize for excellence in University teaching. He writes a blog - http://publiclawforeveryone.com/ - which includes information for people applying, or thinking of applying, to study Law at university. For more information about Dr Elliott, you can also refer to his profile at http://www.law.cam.ac.uk/people/academic/mc-elliott/25 Law in Focus is a collection of short videos created by Daniel Bates featuring academics from the University of Cambridge Faculty of Law, addressing legal issues in current affairs and the news. These issues are examples of the many which challenge researchers and students studying undergraduate and postgraduate law at the Faculty.
Views: 16515 Cambridge University
Private Client: Inheritance and Trustees’ Powers Act 2014
Legal Network Television produce seventy-six, 30min online videos for CPD each year. Using totally original content, our videos cover ten specialist practice areas: Family, Practice Management & Compliance, Local Government, Dispute Resolution, Private Client, Property, Employment, Corporate & Commercial, Personal Injury and Crime. If you are interested in finding out more please click on the link to register for a free, no-obligation trial and access a selection of our most recent programmes in full: http://www.law.ac.uk/professional-development/college-of-law-media/ Synopsis The Inheritance and Trustees’ Powers Act 2014 (ITPA 2014) received Royal Assent on 14th May 2014 and came into force on 1st October 2014. The ITPA 2014 implements the majority of the recommendations made by the Law Commission in its report ‘Intestacy and Family Provision Claims on Death’, which was published at the end of 2011 and is intended to modernise the rules on inheritance with amendments to the Administration of Estates Act 1925, the Inheritance (Provision for Family and Dependants) Act 1975 and the Trustee Act 1925. This programme considers: • Changes to the intestacy rules • Revisions to the definition of ‘personal chattels’ • Changes to the family provision rules • Reform of trustees’ statutory powers to use income and capital for the benefit of trust beneficiaries Contributors: Mark Keenan, Mishcon de Reya. Ann Stanyer, Wedlake Bell LLP.
Views: 298 Legal Network TV
It's Your Estate: Session 7, The Role of a Trustee and Executor, Part 1 of 2
The Role of a Trustee and Executor with Gary Van Arnam
Views: 4130 Michael Kote
Legal HD Episode 86: Inheritance - Wills or Testate Succession
In this episode, Attorneys Karen Jimeno and Rod Nepomuceno will discuss your legal rights on inheritance via will or testate succession. Writing wills is not one of the more common practices observed by Filipinos but legal experts recommend that it is better to prepare your will while young. Know the different kinds of wills and how to write one. What are the benefits of preparing and writing a will? Who should be the benefactors of wills? How are wills executed and by whom?
Guerre de succession chez les Hallyday
ABONNEZ-VOUS pour plus de vidéos : http://bit.ly/radioE1 Laura Smet et David Hallyday, les enfants de Johnny Hallyday, ont déclaré une guerre de succession. Laeticia Hallyday est devenue, par le biais d'un testament californien, l'unique héritière de son mari. LE DIRECT : http://www.europe1.fr/direct-video Retrouvez-nous sur : | Notre site : http://www.europe1.fr | Facebook : https://www.facebook.com/Europe1 | Twitter : https://twitter.com/europe1 | Google + : https://plus.google.com/+Europe1/posts | Pinterest : http://www.pinterest.com/europe1/ ► Retrouvez le meilleur d’Europe 1 chaque jour en vidéo avec des extraits de toutes nos émissions : | Patrick Cohen - Europe Matin : http://bit.ly/2yfFyko | Matthieu Noël - Rien ne s'oppose à midi : http://bit.ly/2fkX82H | Daphné Burki - Bonjour la France : http://bit.ly/2xU1KEf | Nicolas Canteloup dans La Revue de Presque : http://bit.ly/1z0pk7x | Christophe Hondelatte - Hondelatte raconte : http://bit.ly/2xk2qjo | Philippe Vandel - Village Médias : http://bit.ly/2jNKieA | Guy Carlier/Philippe Vandel/L'invité de Patrick Cohen/Noël s'en mêle/Raphaël Enthoven : http://bit.ly/2yg0NSP | Raphaëlle Duchemin - Europe 1 Bonjour : http://bit.ly/2hlI8OS
Views: 22375 Europe 1
Making a Will - a professional will writer gives his advice
http://www.wealthguardwills.co.uk/ Writing a will needn't be traumatic. Get a pen and paper handy, and make a note of this important information from Rod Fisher, member of the Institute of Professional Will Writers. Write a will without delay! Did you know that 70% of UK adults don't have a will? Most people assume they don't need a 'last will and testament' anymore, but having a legal will is vital if you want your estate to be divided up according to your wishes. Don't assume that your partner, spouse, or children automatically inherit everything, or even anything - the law is a minefield for probate cases where there is no will, which could lead to contesting a will, family fallouts, and high legal bills. Make everyone's life a lot simpler - make a will. Do you have children under age 18? A will is vital to appoint guardians for them - they DON"T automatically go to your blood relatives. The court and Social Services could appoint guardians for them, and even place them in foster care in the mean time. What about online wills, or so-called 'ten minute wills'? As you can see, the law is complicated in this area, so use a professional will service to save your family from more heartache when you're gone. There are fixed fee will services out there, who won't rip you off by charging a percentage of your estate value - I'm sure you'll agree your loved ones should get the maximum of your estate, not some solicitor or bank! For information on fixed fee vs. percentage wills and probate, take a look at this video, which has more important information: http://www.youtube.com/watch?v=xmLLglVVjYU If you have any questions regarding will making e.g. you've tried to write one yourself and you aren't sure if it's valid, or it needs updating because of new circumstances, please get in touch by visiting my website, and I'll be happy to help: http://www.wealthguardwills.co.uk/
Views: 18059 Rod Fisher
What Is Probate?
Probate is simply the process for proving to the appropriate court that a document is the deceased's last will and testament and that the deceased knew what it was and signed it under his person, under his own free will, at a time he was mentally competent, and the document was properly witnessed, getting authority from the court to gather the assets, pay the deceased's obligations, and the distribute the assets to the beneficiaries named in the will. Check out the complete article: https://law.freeadvice.com/estate_planning/probate/probate-law-and-wills.htm Head over to our Wills & Trusts Forum if you have questions about probate: https://forum.freeadvice.com/wills-trusts-56/ Got a legal question or need an attorney? Visit AttorneyPages: https://attorneypages.com More Resources: FreeAdvice on Probate: https://law.freeadvice.com/estate_planning/probate/ FreeAdvice on Estate Planning: https://law.freeadvice.com/estate_planning/ For more great videos, visit the FreeAdvice Law Channel: https://www.youtube.com/user/FreeAdviceLaw DISCLAIMER: This video contains general information prepared by the professional staff of FreeAdvice.com, is not legal advice, and is provided AS IS. To locate attorneys who provide clients with personal legal advice, visit AttorneyPages.com: https://attorneypages.com.
Views: 16295 FreeAdvice.com