Showing 90 articles
Is a Will or Power of Attorney on your 'To do' list for 2020?
At this time of year, it can feel like life is one very long ‘to do’ list. Christmas shopping, cooking, baking, wrapping, Nativities,…
Posted on 19th December 2019
National Carers Day
Following on from yesterday’s first ever National Power of Attorney day in Scotland, today is National Carers Day. There are many facets of…
Posted on 21st November 2019
Business Relief from Inheritance Tax
In policy terms, Business Relief was introduced to reduce the risk of Inheritance Tax charges resulting in the break up of a viable…
Posted on 4th October 2019
A Will is one of the most important documents anyone can make.
A year after the article ‘The Importance of Having a Will’, following the death of Aretha Franklin and news in the press that she had not…
Posted on 23rd September 2019
Over 18? Here's why you should have a Will
The first few years in the world of work are generally exciting times for a young adult. Whether you’ve just left school and are starting…
Posted on 2nd September 2019
Law firm opens its doors for Charity Wills
Thorntons hopes to dispel the myths of writing a Will while raising money for Cash for Kids as the leading law firm launches its annual…
Posted on 29th August 2019
Simultaneous deaths: who inherits in the case of a common calamity?
While dealing with the death of a loved one is never easy, the death of two or more loved ones at the same time can be particularly…
Posted on 29th August 2019
Why parents should make a Will
For many parents, a common worry is who will look after their children in the event of their untimely passing. Statistics published by the…
Posted on 15th August 2019
Dying without a Will v having a professionally made Will
Everyone should have a Will, no matter what they own, or their family situation. The best way to understand why Wills are so important is…
Posted on 12th August 2019
Is ‘Britain’s Most Hated Tax’ due a makeover?
Inheritance Tax (IHT) has been making headlines across the country this month with news of proposed changes to the tax. The HM Treasury ‘…
Posted on 25th July 2019
Holiday Pocket Money and Gifting
As parents, children and teachers count down the days until the start of the summer holidays, those children who are lucky enough to be…
Posted on 13th June 2019
Planning for Retirement
As you approach your retirement, you may be thinking about spending quality time with family and friends, enjoying a few more hours on the…
Posted on 12th June 2019
Are business owners neglecting their personal affairs?
When running a business on a day to day basis, the primary focus is working towards the goals set for the year. Whilst business owners…
Posted on 23rd May 2019
Inheritance Tax and the Increased Residence Nil Rate Band
The beginning of the new tax year on 6th April 2019 marks the second increase in the Residence Nil Rate Band which originally came into…
Posted on 4th April 2019
Record £62k sum raised for Cash for Kids
Scotland’s leading full service law firm Thorntons has donated £62,000 to Cash for Kids through its annual Charity Wills month, thanks to…
Posted on 15th February 2019
A Matter of Trust.
A Trust is a way of managing assets, such as property, investments or money. It is an oft-quoted misnomer that they are the exclusive…
Posted on 17th January 2019
“I can’t tell where the journey will end” – Avicci
December 2018 saw news emerge of how the estimated $25M fortune of dance music legend Avicci (real name Tim Bergling) was to be distributed…
Posted on 17th January 2019
Funding the cost of care.
Increasingly, clients are approaching us expressing their concerns about protecting their capital from potential future care costs.…
Posted on 17th January 2019
Technology and succession planning – What will happen to your digital estate?
For the vast majority of the population our lives are increasingly consumed by digital technology, social media and the internet. It is…
Posted on 17th January 2019
How grandparents can help grandchildren with nursery, school or higher education costs in a tax efficient way
Having a family can be costly, so preparing early for future educational costs should be carefully considered. Recent statistics estimate…
Posted on 12th December 2018
The use of Personal Injury Trusts
Trusts can have a variety of uses and benefits and are not just for the wealthy. If you are receiving a sizeable sum of compensation…
Posted on 16th November 2018