70% of firms are at risk by not conducting an Anti-Money Laundering Search on the Deceased when administering an estate.
Here, Gill reviews Implied Trusts & Beneficial Ownership in Modern UK Tax Law – by Chris Thorpe, published by Spriamus.
There are situations where PRs cannot appropriate the property to the beneficiaries and will therefore need to identify if a CGT liability arises and a return made during the 60 Day Window.
There are a number of issues that could lead to financial difficulties for a property owner, which is why finding suitable insurance can prove vital.
Here, Gill reviews UK General Data Protection Regulation by James Castro-Edwards, published by Law Society Publishing
When a testator dies leaving a discretionary trust over residue, how are the trustees to return this income for the relevant tax year?
As a Personal Representatives you are responsible for an estate ‘in perpetuity’ and have a responsibility to confirm that beneficiaries are receiving what is owed to them.