Conveyancing Rochdale with Bromleys? The Manchester orbital M60 motorway and A6 road to London cross at Stockport. Stockport railway station is a mainline station on the Manchester spur of the West Coast Main Line. Stockport is connected with Central London by Virgin Trains with services departing every twenty minutes and also has inter-city services to Sheffield, Liverpool, Birmingham, Bristol and other major cities.
We understand that as an employer, ensuring you have a comprehensive legal framework in-place is crucial to the success of your business and the well-being of your employees. Our legal expertise covers all aspects of employment law and our team have a strong understanding of the fast-paced nature of the field. With employment rules and regulations in a constant state of change, our attention to detail sets us apart and leaves you feeling confident you’ve put your trust in the right solicitors. From drafting workplace policies, to more divisive matters such as discrimination – Bromleys are well-placed to provide both the highest level of service and handle all cases sensitively.
Bromleys is the trading name of Bromleys Solicitors LLP, formerly known as Bromley Hyde & Robinson. We’ve been based in Ashton-under-Lyne for over 175 years and are authorised and regulated by the Solicitors Regulation Authority. We have an excellent reputation with our clients, peers and the wider business community and pride ourselves on providing clear, concise legal advice. Over the years, we have grown organically while also acquiring and merging with other local practices. We now occupy a prominent position in the heart of Ashton-under-Lyne in the top three floors of the old fire station. Our offices overlook the market square and the historic Ashton-under-Lyne town hall. Read extra info at executor responsibilities to beneficiaries.
A more common problem for the Executor is how to fund an Inheritance Tax bill when assets have to be sold to fund it. HMRC expect Inheritance Tax to be paid within six months of the date of death. After this time, HMRC will start charging interest on the unpaid tax. The bigger catch is that the Executor cannot sell the assets until probate has been granted. It is possible to release funds from cash and certain investments to pay the Inheritance Tax bill. If there is a property, then the tax on the property can be paid in instalments. However, you still need to find 10% of the bill within six months of the date of death. Which depending on the value could be more than is available in liquid cash. The tax affairs of a deceased person’s estate can be very tricky to deal with and you should always seek advice if you are uncertain of how to act in your capacity as Executor.
Planning for care home fees needs to be done carefully because this is a complex area of law. You should always seek legal advice before considering transferring your property to someone. You’ll also want to make sure that you don’t fall foul of the Deprivation of Assets Legislation, which allows local authorities to recover assets which they deem have been deliberately disposed of to avoid paying care fees. Local Authorities can apply to make an elderly person bankrupt and can apply to have a gift of property set aside. Read extra information at https://www.bromleys.co.uk/.