Trustees who took a decision to carry out work to trust property over a period of six years rather than sell it without taking professional advice were in breach of their duty of care owed to the [...]
There has been a great deal of hype in the legal press about the likely impact on firms when Alternative Business Structures become permissible in a little under six months time. While this new [...]
The purpose of the Excepted Estates process is to reduce the number of probate cases where a full Inheritance Tax (IHT) account (the IHT 400) has to be used. If the IHT 400 is not needed it [...]
The Society of Trust and Estate Practitioners (STEP) was an organisation ahead of its time. Twenty years old this year, it brings together lawyers, accountants, financial planners and others in [...]
Under the Inheritance (Provision for Family & Dependents) Act 1975 [IPFD 1975] the courts have a discretion to alter the terms of the succession to a person’s estate despite our jurisdiction’s [...]
Article by Julie Butler: Furnished Holiday Lets and April 2011 changes to offsetting income losses against general income created by capital allowances
The Disclosure of Tax Avoidance Schemes (DOTAS) system was introduced for certain taxes in 2006. Inheritance Tax (IHT) was not included at the start.