Gibson Kerr Solicitors Blog

Latest legal news on estate planning, including wills, trusts, executries, powers of attorney, and family law from our Edinburgh solicitors. For legal advice, contact our lawyers on 0131 225 7558.

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Recent blog posts

A recent study from Canada has looked at how high-net worth Canadians (those with investible assets of $1 million or more) intend to pass on their wealth to the next generation.

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Britons struggling to achieve a comfortable retirement could be blissfully unaware that they’re sitting on a goldmine – as many people over 50 don't know the true value of their property, a poll has revealed.

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An interesting report was published at the end of last week by LV=, which reveals that although last week's Budget announcement gives new retirees more choice about how they take their pension, they can still expect to see their income drop by two thirds (66%) when they leave the workplace.

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The Equality and Human Rights Commission has welcomed a ruling in an English case by the Supreme Court, which found that severely disabled people cannot be deprived of their liberty without proper safeguards, even if their living arrangements are benevolent.

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A new Which? investigation has found that the confusing care system is driving people to breaking point, with those not eligible for state funding often struggling to get basic advice.

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The Will Aid 2013 campaign has now raised an amazing £1.9 million including Gift Aid, and new donations are still coming in. The final total for the year is expected to be over £2 million.

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The Equity Release Council has recently published a report revealing that 65-74-year-olds now account for the majority (59%) of new equity release customers.

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Estates liable for inheritance tax in the UK in 2010-2011 faced a bill of nearly £166,000 on average, according to new analysis of HMRC data by Prudential.

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New research  has revealed that UK taxpayers are set to waste as much as £4.7 billion this year in unnecessary tax payments.

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Scotland's programme to improve care for older people has brought together the different bodies involved in services costing £4.5 billion a year, according to a recent report from Audit Scotland.

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The average size of equity release loan taken out by customers in 2013 was £56,917, which is the largest in 15 years according to recent figures released by the Equity Release Council (The Council).

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Edinburgh based legal firm Gibson Kerr once again took part in charity initiative Will Aid last year, and helped raise much needed funds for some of the UK’s best known charities. In total, Gibson Kerr and our clients raised £335 for the 2013 campaign.

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Seriously ill people in Scotland continue to be told that they don’t qualify to have their care home costs paid for by the NHS, reports the BBC.

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Over 60% of people over the age of 50 who were questioned think that older people are treated badly by Government, and the most common reason for this belief was poor standards of social care.

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A farmer from Western Australia has left a bequest in his will of around AUS$1 million to fund research undertaken at Murdoch University.

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Inherited wealth looks like the only major factor that could act to make individuals born in the 1960s and 1970s better off in retirement than their predecessors, on average.

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Almost two thirds (64%) of British retirees expect to leave an inheritance to their children with an average value of £182,144, according to HSBC’s study, ‘The Future of Retirement: Life after work?’

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Proposals put forward by the Office of the Public Guardian (OPG) to fully digitise the process for making a Lasting Power of Attorney could be very detrimental for vulnerable groups, the Law Society for England and Wales has warned.

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In what has been described as a “landmark” court ruling, a mother has won the right to have her two children returned to her from Russia, where they have been staying unlawfully with their father.

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Arts Council England has published its annual review of the Acceptance in Lieu scheme, which has introduced £49.4 million worth of treasures into the public collections of the country this year.

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