New Bills for Intestacy and Family Provision Claims on Death
The Law Commission released its final report on Intestacy & Family Provision Claims on Death on 14 December 2011
Do you want to increase your firm’s profits by 16%?
Solicitors have always focused on providing clients with the services they want rather than thinking about whether they have maximised their own return from the firm. The most profitable firms [...]
Legal services – in the Year of the Dragon!
2012 is the Chinese Year of the Dragon. According to http://bit.ly/yvZ6vG the Year of the Dragon is an auspicious year bringing success and happiness but note that dragons move swiftly like a [...]
The Personal Representative in Probate Claims
The position of the personal representative is a difficult and dangerous one – dangerous in that getting it wrong involves an adverse costs order, sometimes personally against the PR (see [...]
5 things you need to know about recent tax developments
2011 ended with a flurry of developments which all contribute to keeping the tax adviser on their toes. Here are five things you need to know...
Deferring a minor’s entitlement to capital – Wright v Gater [2011] EWHC 2881
When a child may, by virtue of a Will trust or intestacy, become entitled to capital at 18 it may be necessary to consider a deferral of the date on which he might become entitled to that capital
Business Property Relief – Valuing shares in unquoted companies
It is widely known that the value of qualifying businesses can attract business property relief (BPR) at 100% for inheritance tax (IHT), but it is worth reflecting on what value does qualify in [...]
New UK Residence Rules
The UK Government recently announced plans to introduce a new tax residence test. A consultation paper was published, and the initial aim was to bring these new rules into effect from 6 April [...]
