Simple as it may sound, asking the wrong questions gets you the wrong answers. Many assessors don’t understand the importance of setting the Threshold of Understanding prior to the assessment and [...]
Two of the beneficiaries of various sub-funds of family trusts sought to vary the terms of those sub-funds by extending their perpetuity periods by approximately 100 years. Where a variation of a [...]
Do you know a settlement from a trust? Do you know what to do about CRS, DAC or other AEOI issues? When you draft a Will do you know how you would administer the trusts you have included or how [...]
We are repeatedly told that we mustn’t ‘lead’ the client but there is a difference between leading the client and giving them the necessary information, without prejudice, to enable them to make [...]
This case continues a long line of cases that have debated and ruled on the meaning of ‘only or main residence’ for the purposes of claiming Principal Private Residence relief (PPR) to reduce or [...]
Somewhat unusually the High Court has overturned two decisions of Senior Judge Lush on the validity of LPAs with identical provisions regarding the reappointment of one of the original attorneys [...]
This article considers the consequence of this uncertainty on financial planning, and the hurdles that can be overcome in the three main aspects of financial provision within the working life of [...]
In this article Andrew Eastwood reviews the usual variable factors, to identify the details which are usually required from clients and then examines in more detail, a specific recent legal [...]
Trusts & estates are supposed to be a sleepy area of the law – at least that is what those outside looking in like to think. Those of us working in this field know otherwise, even without the [...]
The focus of the recent Budget on the top rate of capital gains tax was reducing to 20% by 6 April 2016. However, the exception is for gains incurred in connection with residential property. [...]
