Wills, Estates, Trusts and Family Settlements

One Year On – The Impact of Changes

By |2024-11-14T10:51:06+00:00November 13th, 2024|Categories: Business, Corporate and Trust Service Providers, Fiduciary Matters, Fiduciary Matters, News, Regulatory and Compliance, Trust Law, Trust Structures, Trusts, Foundations and Companies, Wills, Estates, Trusts and Family Settlements|

One Year On: The Impact of the Isle of Man Trusts and Trustees Act 2023 Since receiving Royal Assent on 18 July 2023, now more than one year on, the Trusts and Trustees Act 2023 (“the 2023 Act”) has introduced significant updates to the Isle of Man's trust law, aiming to [...]

Optimising Tax Strategies for Non-Dom Individuals

By |2024-05-13T15:37:57+00:00May 13th, 2024|Categories: Corporate and Trust Service Providers, Front Page Publication, News, Regulatory, Trust Law, Trust Structures, Trusts, Foundations and Companies, Wills, Estates, Trusts and Family Settlements|Tags: |

Optimising Tax Strategies for Non-Doms The Benefits of Using an Isle of Man Trust with Manavia The imminent changes in the UK's non-dom regime as announced in the Spring Budget 2024 underscore the necessity for effective tax planning strategies. The Isle of Man trust stands out as a particularly advantageous [...]

Estate Administration

By |2023-07-24T13:23:53+00:00July 24th, 2023|Categories: For Individuals, Receiverships, Wills and Probate, Wills, Estates, Trusts and Family Settlements|Tags: , , , |

Estate Administration Estate Administration | An Executors Guide When someone dies, it is firstly, very important to establish whether there is a Will.  If there is a Will, you may find that you have been appointed as an Executor. As an Executor, it is your job to check whether there are [...]

Mental Health Receivership

By |2023-07-17T17:03:33+00:00July 21st, 2023|Categories: For Individuals, Receiverships, Wills and Probate, Wills, Estates, Trusts and Family Settlements|Tags: , , , |

Mental Health Receivership If you have found yourself in a position of needing to make decisions for someone who has lost their mental capacity and there's no Enduring Power of Attorney then you will need to apply for what is called a Mental Health Receivership. An application can be made [...]

What is a Power of Attorney?

By |2023-07-17T17:06:14+00:00July 19th, 2023|Categories: Enduring Power of Attorney, For Individuals, Power of Attorney, Receiverships, Wills and Probate, Wills, Estates, Trusts and Family Settlements|Tags: , , , |

What is a Power of Attorney? We understand that not everyone understands what a Power of Attorney really is. A Power of Attorney (POA) is a document which allows elected persons to act for another. The person making the power of attorney is called a donor and the person appointed to act on [...]

Wills Jargon Buster

By |2023-05-12T11:40:48+00:00May 9th, 2023|Categories: For Individuals, News, Personal and Family law, Real Estate and Property, Wills, Estates, Trusts and Family Settlements|Tags: , , , |

Isle of Man Wills Jargon Buster Below is our Wills Jargon Buster to help give some details on the terms used: Administrator | The alternative name for an Executor who is entitled to administer your Estate if you die. Assets | All property that a person owns including a home, money, car, [...]

Power of Attorney | Explained

By |2023-07-17T16:25:57+00:00May 2nd, 2023|Categories: For Individuals, News, Personal and Family law, Real Estate and Property, Wills, Estates, Trusts and Family Settlements|

Power of Attorney | Explained MannBenham Advocates are here for you to talk through what you need, with years of legal, professional experience and knowledge including specialists in the field of mental capacity, particularly with respect to Enduring Powers of Attorney and receivership matters. What is a Power of Attorney? A Power of [...]

Isle of Man Probate – FAQs

By |2023-05-02T15:13:17+00:00April 28th, 2023|Categories: Wills, Estates, Trusts and Family Settlements|

Isle of Man Probate - FAQs Frequently Asked Questions The loss of a loved one always has devastating effects. Add to that funeral arrangements, application for death certificate, coping with the loss yourself and on top of all that’ you are presented with a whole heap of papers, forms and [...]

Power of Attorney

By |2021-05-10T09:01:24+00:00May 8th, 2021|Categories: For Individuals, News, Personal and Family law, Real Estate and Property, Wills, Estates, Trusts and Family Settlements|

Power of Attorney | Explained MannBenham Advocates are here for you to talk through what you need, with years of legal, professional experience and knowledge including specialists in the field of mental capacity, particularly with respect to Enduring Powers of Attorney and receivership matters. What is a Power of [...]