Private Client e-news

Should you be reviewing your final salary pension scheme?

Napthens - March 28th 2017
Final salary or defined benefit (DB) pensions are known for being generous and typically anyone who is a member of a final salary or defined benefit pension are usually advised to remain in it. These pensions pay an income in retirement that is based on a multiple of years worked and a percentage of the member’s final salary. It is guaranteed and inflation-linked.
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Selling or buying a leasehold house or apartment? Beware – further charges may apply

Napthens - March 28th 2017
Whether you are buying, selling or currently own a leasehold property, there may be a number of additional charges which may apply. Details of these charges will be set out in the lease. The lease will also specify who to make the payments to, so for example to landlords, managing agents or management companies. There can be a number of different companies/organisations named on the lease. The roles and responsibilities of these different parties will be explained to you by your lawyer as your transaction is underway.
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Q&A: Increase in Probate Fees

Napthens - March 28th 2017
From May 2017 the set fee of £155 for all probate applications made through a solicitor, and £215 fee for personal applications will cease. The new fee will depend upon the value of the net estate.
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A properly drafted Will could save you thousands

Napthens - October 17th 2016
Careful planning and an appropriately drafted Will could reduce the amount of Inheritance Tax (IHT) payable on your death as the following case study demonstrates.
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Hope for the best, plan for the worst…

Napthens - October 17th 2016
The trouble with financial planning is that it forces people to contemplate the possibility of events occurring which most of us would rather not think about. The most obvious example is the link between making a Will and our eventual demise.
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Shareholder and Partnership protection

Napthens - October 17th 2016
Have you ever thought what the impact would be if you were to lose a shareholding director or partner of your business?
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