This case dealt with a gift from mother to sons of her leasehold flat. It considered whether or not the existence of a ‘good repair’ clause in her favour (as the owner of the head lease) in the under lease she granted to the trustees of a trust created for the benefit of the two sons, could constitute a gift with reservation of benefit (GROB).
About Gill Steel
Tel: 01962 776442
Gill is a compelling seminar and conference speaker both in house and at public events with a strong gift for making Wills, Probate, Trusts and Tax practical, engaging, authoritative and informative. For Private Client Practitioners & Team Leaders Gill offers off-the-shelf & bespoke training for individuals, organisations and local and national professional bodies.
Author Archive | Gill Steel
In February 2014 the SRA issued a consultation paper on the future of training. This sought the responses of you and me to their suggested alternative approaches although they stipulated quite clearly the SRA’s preferred option.
FATCA was originally enacted in 2010 and was scheduled to take effect in January this year. This date was later postponed until January 2014 and now it had been pushed back yet further to 1 July 2014.
Life can turn on a flip of a coin. Heads up; tails down. Well, my coin fell tails down on 13 January 2014. As part of a treatment for a newly diagnosed condition I had a massive adverse reaction to the drugs prescribed and my life flipped out of control.
The Ministry of Justice is consulting on increasing Court Fees including the cost of applying for probate – see https://consult.justice.gov.uk/digital-communications/court-fees-proposals-for-reform/consult_view.
The start of a new year is usually a time of reflection and anticipation. Somehow this year I have not been as conscious of the media encouraging us to make and keep New Year resolutions. Perhaps we have all been too busy keeping our homes and offices dry amongst the gales, rain and flooding, which, depending on your point of view, may or may not be the result of global warming.
The aim of this book is to assist personal financial planning by summarising the tax treatment of pensions up to the Finance Bill 2013, the law being stated as at 1 July 2013. Writing any textbook on pensions must be a challenge since the law has been altered in every Finance Act since the simplification changes in 2004!
This book aims to provide practical guidance to tax practitioners of all levels on the new Statutory Residence Test (SRT) as it appears in ss. 218 & 219 and Schedules 45 and 46 Finance Act 2013 together with HMRC’s Guidance notes which first appeared in December 2012 and were then updated in May 2013.
Over several years of helping law firms with technical matters I have seen different asset protection schemes mostly sold to people worried about the costs of care. Some might work but the costs and inappropriateness in many cases outweigh any possible advantage in my opinion.
Join Philip Evans in asking the Law Commission to review the law relating to Wills & testamentary capacity
It is vital that practitioners support Philip Evans, of Graham & Rosen Solicitors in Hull, in asking the Law Commission to include in its 12th programme of law reform the law relating to Wills and testamentary capacity. The Consultation ends on 31 October 2013.
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- Gift with reservation of benefit – Buzzoni v HMRC  EWCA 1684 April 22, 2014
- Imminent Change to Capital Gains Tax (CGT) – Private Residence relief April 11, 2014
- 3 key tips on Tax planning around property April 10, 2014
- What would the SRA like to happen to your training and CPD? April 1, 2014
- Managing growth in 2014-2015 April 1, 2014
- Wills, capacity, knowledge and approval – Simon v Byford & Ors  EWHC 1490 January 9, 2014
- Are Those Rates Reasonable? February 25, 2014
- Farm complacency, active husbandry with the surviving spouse exemption March 6, 2014
- Mistake & Power of Attorney – Day & another v Day  EWCA Civ 280 March 7, 2014
- Court of Protection update for practitioners March 14, 2014
“I and eight of my team viewed the [Reduced Rate of IHT] video this morning and were very impressed, not only with Gill’s presentation and the helpful add-ons but with the complicated nature of the subject matter! ”
I and eight of my team viewed the [Reduced Rate of IHT] video this morning and were very impressed, not only with Gill's presentation and the helpful add-ons but with the complicated nature of the subject matter! Clearly it is going to be quite difficult to 'market' this option to clients but the material provided is most useful.Richard Crocker, Head of Private Client Dept, Taylor Walton LLP
Gill Steel is clearly the answer for those of use who enjoy a straightforward, concise approach to training!Jenny Watson, Boyes Turner
Of the LawSkills webinar - Wills Made following 2nd Marriages the Wealth Team at Boyes Turner say ‘Yes clear and concise, we all thought it was very informative. We like their webinars’! ‘I thought it was excellent. It covered my queries generally and raised things I need to probably be more aware of – potential conflict between a couple in their second marriage where both have children’.Wealth Protection Team, Boyes Turner LLP
Gill has immense experience in training on all matters relevant to Probate and the areas that link with it. She has a unique ability of making quite difficult areas very easy to understandRachel Brooks, Head of Private Client, Blake Lapthorn
Gill Steel is always excellent, thank you for a great morningJohn Gill