Diversifying may be the answer

Both locally and nationally, many farms have diversified to provide additional income streams - and some farmers now run several diversified businesses on former agricultural land, such as holiday lets and solar farms. Although this extra income may be vital and diversifying may be the only way to secure the family business can continue, an unintended consequence can be the loss of Inheritance Tax reliefs available. Laura Schofield, Wills & Probate Solicitor with Ware & Kay, considers this. Inheritance tax – the basics Inheritance Tax is a tax on the estate of someone who has died. The rate is 40% on the amount above the ‘nil rate band’ which depends on the individual concerned and the assets – from £325,000 to £500,000 per person, or up to £1,000,000 per couple depending on the size of…

New appointment extends Litigation & Dispute Resolution offering at Ware & Kay

Expanding law firm Ware & Kay Solicitors (with offices in York, Wetherby & Malton) has strengthened its respected Litigation & Dispute Resolution Department with the appointment of a new solicitor Akeel Hussain.   Akeel is recognised for his experience in handling various litigated cases and offering clients advice on alternative dispute resolution particularly in the resolution of residential landlord and tenant law, breach of contract, professional negligence disputes, debt recovery and personal injury matters. Akeel will now aim to provide legal advice to a range of property-owning clients including landed estates, farmers and agricultural businesses as well as commercial and residential landlords handling possession claims, recovery of rent arrears, contentious probate, contested business lease renewals, dilapidations and property ownership disputes. In addition, he will also provide advice on partnership and shareholder disputes. Originally from Keighley in West…

Ware & Kay and Pearsons & Ward Solicitors raise over £3,700 for Candlelighters Charity

Ware & Kay and Pearsons & Ward Solicitors is delighted to announce that they have already raised over £3,700 for their Charity of the Year, Candlelighters.  # On Saturday 30th September the team took part in a 20 mile walk at Middleton-on-Tees, County Durham to support Candlelighters. Along the way they clambered over boulders along the river’s edge, scrambled up the mighty Cauldon Snout Waterfall on the reaches of the River Tees. They entered Gibsons Cave to light a candle and passed the spectacular High Force Waterfall in the heart of the Durham Dales. Despite the rain, aching legs and feet the team completed the challenge, tired but triumphant.      The funds raised through this event will play a pivotal role in supporting the invaluable work carried out by Candlelighters, a charity devoted to…

Don’t stumble over easements, rights of way or sporting rights when buying farmland

There are many reasons why you might want to buy agricultural property: to farm, of course, but also perhaps to develop, or to use for hunting or fishing purposes. Woodland, equestrian properties and fishing lakes may be a good investment for a self-invested personal pension (SIPP), or perhaps you simply wish to have a peaceful rural setting for your retirement.  Whatever your reasons, before you buy you need to ensure the property can actually be used for your intended purposes as there are many legal stumbling blocks that can arise when purchasing farmland, we highlight some of the issues relating to rights of way, easements, and sporting rights. Rights of way Many areas of farmland are in remote locations, some distance from a public road, and you will need to ensure you have a right of access…

St Gemma's Hospice Make a Will Month October 2023

Ware & Kay Solicitors has once again teamed up with St Gemma’s Hospice to give you the opportunity to have your Will written free of charge in exchange for a donation to the Hospice during the month of October. Why make a Will? We spend our lives working to provide for ourselves and our loved ones. As life changes around you, it is a good time to consider making your Will. Making your Will means you can be certain that your wishes are followed after your death. Making a Will is often seen as a very sensitive subject, one which many people prefer to put off until a later date. However, a professionally written Will can make life much easier for our loved ones when the time comes. A Will is the only way to make sure your money, property, possessions…

St Leonard's Hospice Make a Will Month - October 2023

Making a Will and letting your family and friends know your wishes are vital, and it can be a lot more affordable and straightforward than you think... MAKE A WILL MONTH October 2023 A Will is one of the most important documents you will ever have drawn up, but it's something that many people put off. If YOU don't have a Will, or your Will needs updating.  Ware & Kay Solicitors has once again teamed up with St Leonard's Hospice to give you the opportunity to have your Will written free of charge in exchange for a donation to the Hospice. Ware & Kay Solicitors are giving their time, free of charge, to write basic Wills in exchange for a suggested minimum donation to St Leonard's Hospice. It's easy... Arrange an appointment with one of the following Solicitors on 01904 716000 during Make a Will month: Sian Foster- Head of Wills & Probate Deborah Gilpin - Solicitor in Wills & Probate Vicki Long- Chartered Legal…

Leading law firm expands as new Wills & Probate Solicitor joins team

  Expanding Yorkshire Law firm Ware & Kay Solicitors (with offices in York, Wetherby & Malton) is delighted to announce the appointment of Deborah Gilpin, a highly experienced Wills & Probate Solicitor to its growing team.  Her appointment is a further addition to the firm’s expertise in this sector. Deborah brings with her a wealth of knowledge and has many years of experience looking after clients and helping them with the preparation of their preparation of their Wills together with guiding them and providing assistance when dealing with the loss of a loved one through Probate.  She also has particular experience in Trusts and how to avoid unnecessary Inheritance Tax together with Powers of Attorney to ensure that clients are protected in the event of physical or mental incapacity. Originally from Hull, Deborah arrives at Ware…

Ware & Kay Solicitors shortlisted for The Yorkshire Legal Awards 2023

  Ware & Kay Solicitors with offices in York, Wetherby & Malton is proud to announce they have been shortlisted for an award at the upcoming Yorkshire Legal Awards, which is to be hosted on 5th October. David Hyams has been shortlisted for Managing Director of the Year Award. This is a testament to the positive direction and growth made after seeing organisational improvements and changes over the last 2 years. David has worked with each department head to develop business plans with growth targets and continues to encourage and mentor his colleagues to make those plans a reality. David has a wealth of experience and specialist knowledge in all areas and has a clear vision for the future of Ware & Kay. It is fantastic that the firm has been acknowledged amongst the awards’…

Joint Event with Ware & Kay and Azets Chartered Accountants – Recruit, Reward, Retain Seminar

Recruit, Reward, Retain:  Attracting and keeping key talent in your workforce You are invited to attend our Recruit, Reward, Retain Seminar at Azets Yorkshire office Date: 20th September 2023   Time: 8.30am – 10.30am In the current ever-changing financial landscape, business owners are facing significant challenges as they look to recruit, reward and retain the right people. Talented individuals are in demand and employers need to ensure they are exploring all the options available to them to retain valuable staff members, reward past performance and recruit new employees. As part of this, benefits and incentives beyond salaries are becoming increasingly important. While these additional options can act as a tool for retention, reward and recruitment, they also help to motivate employees to become more productive and align their interests with the business. With this in mind, tax and legal experts…

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