A Partnership Agreement is a vital document when setting up a business with another person.
A Pecuniary Legacy is a gift of a nominated sum of money to someone
The Personal Representative is the person or persons dealing with the estate of the deceased person.
Pilot Trusts are generally used for inheritance tax planning and are also referred to as feeder trusts.
If somebody passes away and the cause of death is uncertain, an investigation will be held, this is referred to as a post mortem.
An asset given away to another would be classed as a Potentially Exempt Transfer for Inheritance Tax purposes for seven years
A legal document giving another Power to administer the affairs of the person signing the Power of Attorney.
Many wills appoint multiple executors, however it is not always necessary for all executors to act. In this instance other executors can reserve their power
Definition of Probate:- Probate is the administration procedure to claim the estate of person who has passed away.
A probate practitioner is someone who has made their career in dealing with Probate and Estate Administration
The only High Court division permitted to give a person permission to deal with the assets of a deceased person