Beverley Bowen

Do you have a Power of Attorney? Leading money-saving expert Martin Lewis has recently shared his advice on the subject, saying that a Power of Attorney (LPA) is not just for older people, it is for everyone. In this blog, Director and Head of Lifetime...

JCP Solicitors is pleased to appoint Beverley Bowen, a leading light in its Lifetime Planning team, as a Director and Head of the Swansea based team. The promotion is one of four across the business, unfolding to support JCP’s continued expansion....

Over recent years there have been some quite substantial changes to the allowances regarding inheritance tax, and there is talk of further changes for example in respect to gifts. With the Government considering ways that it can raise additional revenue to...

My wife and I want to make Wills to ensure the surviving spouse will be well provided for after one of us dies. Whilst we are happy to leave everything to each other we want to make sure that any remaining assets go to our children and grandchildren rather...

"I am in my 60s and I run a farm with my daughter. I have a friend who was laid up for months with Covid-19 – now recovered – and this has made me think about enabling my daughter to take over my financial affairs if necessary. What can I...

We live in an increasingly digital world but very few of us give any thought about what will happen to our digital ‘assets’ when we die. Indeed, there are still more people who die without a Will than with one – and of the (relatively) few...

This month JCP Associate Solicitor, Beverley Bowen, advises a reader with a DIY Livery business about Business Property Relief. "I have recently set up a DIY livery business. Will my estate be entitled to any inheritance tax reliefs?" You...

On 23rd June Britain will go to the Polls again – this time to vote on whether or not the UK should remain as members of the European Union (EU). Current polls are predicting that the vote will be a close one; however the importance of the...

Associate Solicitor Beverly Bowen talks about a very common legal issue– the importance of having a Lasting Power of Attorney when running a farming business. I am a farmer in partnership with my parents – an arrangement which has suited us all...

In this week’s Ask The Legal Expert blog, we get the latest specialist advice from our Rural Practice Team. Associate Solicitor Beverley Bowen, based in our Carmarthen office, addresses a very common legal question asked by our farming clients: My...

The administration of an estate must be carried out correctly; otherwise the personal representatives are open to attack by disgruntled beneficiaries as well as HMRC. The administration process will start for most farming clients by submitting a...

After last week’s Budget announcements David Cameron has confirmed that he would still like to look at increasing the Inheritance Tax threshold. At present the Inheritance Tax threshold (called the nil rate band) is £325,000 per person. ...

Wednesday 19th March saw George Osborne announce his 5th Budget as Chancellor. There was little news regarding Inheritance Tax. It was announced in the 2013 Budget the threshold for inheritance tax is to be frozen at £325,000 until the tax...

In order to claim the relief it is important that the farmer lives in the farmhouse. More importantly the farmer must run/manage the farm from the farmhouse. It is possible therefore that if the farmer has retired and the land is let on grazing...

Mum, Dad and son are all partners in a farm where the farmland is owned 50% by Mum and 50% by Dad. Mum and Dad make Wills under which they pass their respective partnership shares to their son on first death but the remainder of the estate is to pass...

Many business owners look forward to the day when they can hang up their boots and sell their business. Maybe this will happen on retirement or when the business owner is looking for a new challenge. Selling your business is stressful and often...

Yesterday saw George Osborne release his 2013 Autumn Statement. In the Statement Mr Osborne reminded everyone that this Government is clamping down on tax evasion, avoidance and aggressive tax planning. There was no announcement regarding any changes...

Interest in possession trusts, also known as life interest trusts, are a common form of trust and can be created either under your Will or as a lifetime trust. This type of trust gives the beneficiary an immediate right to any income earned in the...

Parents naturally want to protect and provide for their children and one of the key ways to do this is to make a Will. For parents of young children or adult children with learning disabilities, this is even more essential. Without a Will,...