Can I give money away to avoid inheritance tax?
Depending on the size of your estate, a large proportion of it may be payable to HMRC in inheritance tax when you pass away. On your death, you will have a nil rate band sum of money which is tax free on your death…
Protect yourself with professional advice for LPAs
Sensible planning for the future through professional advice means you can have peace of mind should the worst happen, says Wake Smith Solicitors’ Private Client director Suzanne Porter. A Lasting Power of Attorney…
Wake Smith shortlisted twice in Yorkshire Lawyer Awards
Sheffield’s Wake Smith Solicitors has been shortlisted twice in the Yorkshire Legal Awards 2019. The firm, which has serviced the legal requirements of individuals and companies across the Sheffield City Region…
Feeling generous? Gift to reduce inheritance tax liability
There are several ways you may be able to reduce the amount of inheritance tax your family will have to pay on your estate. One way is to make gifts from your estate during your lifetime. Suzanne Porter and Jessica…
City’s museums partnership renewed
Wake Smith has renewed its legacy partnership with Museums Sheffield; the charity that runs the Millennium Gallery, Graves Gallery, and Weston Park Museum. The Sheffield law firm joined forces with the charity…
Senior Sheffield solicitor retires after 43 years
One of Sheffield’s most established senior solicitors will retire at Easter, after a rewarding career serving the local community for 43 years. Michael Tunbridge started his legal career in Sheffield in November…
City’s museums see legacy enquiries up by 200 per cent
Museums Sheffield has seen enquiries about leaving donations via personal Wills rise by 200 per cent thanks to a new partnership with Wake Smith Solicitors. Wake Smith joined forces with Museums Sheffield, the…
New fees for probate applications
From April 2019, the Government intends to increase the fees paid to the court when making an application for a grant of probate in England and Wales. The fee at present is £155 if it is a solicitor making the…
Your outdated EPA needs to become an LPA
People are now living longer, and it is increasingly common for an individual to be unable to manage their affairs for a number of reasons. If the situation arises where decisions need to be made and people need…
Excellent service and great client outcomes
A new flagship partnership with Museums Sheffield, a growing portfolio of satisfied clients and plaudits from the Legal 500 for excellent service and great client outcomes - it’s been a busy time for Wake Smith’s…
