Alison Craggs Associate
“The high level of service from Alison Craggs.”
Alison advises clients on the best structure for their Wills, prepares powers of attorney and administers estates.
Main areas of practice
Her work ranges from drafting Wills and obtaining Grant of Probate to fully administering complex cross-border, multi-million pound estates.
Alison also deals with trust matters, such as advising on and writing death benefits payable under life insurance policies in trust.
Alison's clients range from local elderly clients to entrepreneurs and millionaire businessmen.
She is flexible about meeting arrangements and prepared to visit clients in their own home, care home or sometimes in hospital. When acting for more distant clients, for example in London, she can correspond by telephone or email and arrange for the signing of documents at the London office.
Alison has prepared statutory Wills for personal injury clients who have been awarded substantial compensation payments, but do not have the capacity to make a Will. A niche area, this process involves making a Court of Protection application and establishing that the client would have wanted to make a Will in this form, had he had the capacity.
Alison has written several articles for the Oxford, including:
- How to reduce your inheritance tax liability by giving to charity
- Protecting family fortunes – should I give my house to my children?
- Where there's a will…examining the pros and cons of different forms of will making
She and other members of the team have recently written a series of monthly articles for the London Gazette on The Issues to consider when dealing with an international estate.
Blake Morgan is on the panel of recommended solicitors for the Spinal Injuries Association and Alison is the main contact for the Oxford office.
“On behalf of my sister and I, we thank you for the fast and extremely efficient way you dealt with our late father's estate. In every respect we were totally satisfied with the professional service you provided. ”
“Many thanks for the help, guidance and patience you have shown me during my prolonged decisions about my will.”
The new residence nil rate band ("RNRB") is being introduced because family home values are pushing relatively modest estates over the existing nil rate band. But you don’t need to hang on to your home for your descendants to benefit from the relief.
The new residence nil rate band (RNRB) has been reported in the press in a number of different ways, some saying that inheritance tax (IHT) will be scrapped on homes worth up to £1million.
As an attorney acting under a Power of Attorney, you may have the ability to make gifts to others on the donor's behalf, but what are the issues to consider and how much are you allowed to give?
Articles by Alison
Heather Ilott of Ware has won a decade-long legal dispute over her late mother’s decision to disinherit her, resulting in her receiving one third her mother's estate instead of the charities named in the Will.
The Inheritance and Trustees' Powers Act 2014 ("the 2014 Act") is the result of a 6 year project by the Law Commission, and private client practitioners should be well aware of its provisions.
Homeowners are being warned about the risks of signing their homes over to their children as the housing market improves.
Related Knowledge & Resources
On 10 August the Government published its response to a consultation on the taxation of termination payments. Lisa Wallis and Ruth Christy consider the Government's plans in more detail and their implications.
Once we've formally extracted ourselves from the EU, what will this mean on death for people owning assets in Europe - or where one spouse is 'European' and the other is now not?
As property prices continue to soar across the UK, the dream of owning a home appears to be slipping away from a vast number of under 35’s. Unsurprisingly, the 'Bank of Mum and Dad' seems a very attractive option.
Our Family team provide a helpful guide on what to expect at a Final Hearing in Financial Remedy Proceedings.
A guide to the reasons why it may not be desirable to leave assets directly to a beneficiary on your death.
On accepting a position as a trustee, a person must be aware of the duties imposed on him by the trust deed and by statute. The following is a non-exhaustive overview of the principal duties of a trustee.