legal hub

Your questions… answered

Search our legal hub for the answers to some of the legal questions that we get asked most frequently. If you can’t find your question, just email us at enquiry@beswicks.com

Private Wealth

My spouse can look after my financial affairs if I lose capacity and am unable to do so for myself – Myth or truth?

This is a myth – unless you have a registered Lasting Power of Attorney (LPA) in place, naming you

Private Wealth

I cannot do anything to save inheritance tax because it is tax evasion – Myth or truth?

This is myth – there are many tax reliefs and allowances that are given to everyone to legitim

Private Wealth

I can draft my will to secure my half of the estate for my children – Myth or truth?

This is the truth – Wills can be drafted so that even if a surviving spouse or partner changes

Private Wealth

Our children are guaranteed to inherit my estate because my partner and I have both made wills – Myth or truth?

This is a myth – in most cases a surviving partner can change their will. If they meet someone

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My partner will get everything if I die so there is no need to make a will – Myth or truth?

This is a myth as unmarried couples are entitled to nothing if there is no will. Even if you are mar

Commercial Property

Why is it necessary to provide ID and proof of funds when instructing a solicitor?

Providing ID and proof of funds is a requirement of The Money Laundering, Terrorist Financing and Tr

Private Wealth

What happens to a lasting power of attorney when someone dies?

A lasting power of attorney is an excellent way to ensure your health, welfare and financial affairs

Commercial Property

Is stamp duty payable on commercial property?

Yes, Stamp Duty Land Tax is payable on commercial property with a purchase price of more than £150,