A life interest trust can provide financial security for a loved one during their lifetime while preserving assets for future beneficiaries. Learn how it works and when it’s right for you.
Life Interest Trusts – Protecting Loved Ones While Preserving Your Estate
A life interest trust can provide financial security for a loved one during their lifetime while preserving assets for future beneficiaries. Learn how it works and when it’s right for you.
Inheritance Disputes – am I entitled to a share of my grandparent’s estate?
Partner Jessie Hansford discusses what happens to an inheritance where a son predeceases a parent and the benefits of instructing solicitors to prepare your will.
What a gift…?!
Private Client Partner, Cara Grant, considers inheritance tax efficient gifting and how out of date the allowances are.
The Powers of Attorney Act 2023 has received Royal Assent – Its aim? To make Lasting Powers of Attorney quicker, easier to access and more secure.
Associate Solicitor David Cooper discusses plans for the current paper-based process for the preparation and registering of powers of attorney to be made digital.
DIY Will?
Private Client Partner, Cara Grant, discusses the potential pitfalls of not instructing a regulated professional when drawing up a Will.
Pre-Owned Assets Charge
Private Client Partner James Mountford discusses intergenerational living arrangements and the issue of the pre-owned assets charge.
Lasting Powers of Attorney – Modernisation at Last
Private Client Partner Cara Grant discusses Lasting Powers of Attorney (LPAs) and the government’s plans to transform the process, to make LPAs quicker to use, easier to access and more secure.
Agricultural Property Relief from Inheritance Tax – the Older Farmer: a Case Study
Jonathan Midgley’s specialist Rural and Agricultural team recently concluded a case in which they achieved a successful outcome for the estate of a local farmer in the face of stiff opposition from HMRC.
Trust Registration Deadline Fast Approaching
Private Client Partner, Antony Caulfield, discusses the fast-approaching deadline from H M Revenue & Customs to register non-taxable trusts where there was previously no requirement to register.