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Wills, tax, trusts & probate blog

Powers of Attorney – update relating to the delegation of investment decisions to discretionary fund managers

5 Apr, 2022
A key role for attorneys acting under Enduring Powers of Attorney or financial Lasting Power of Attorney is to manage investments in the best interests of the person who has...
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Wills, tax, trusts & probate blog

Top reasons why you should make Lasting Powers of Attorney

11 Mar, 2022
A Lasting Power of Attorney (‘LPA’) is a legal document that gives chosen individuals the legal authority to look after your affairs and make decisions on your behalf should...
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Wills, tax, trusts & probate blog

Blog Spotlight – Jessica Jamieson

4 Mar, 2022
This week we caught up with Jessica Jamieson, a partner, to find out more about life inside and outside being a solicitor. What are your key areas of expertise? I advise on...
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Wills, tax, trusts & probate blog

Feeling generous?

25 Feb, 2022
Dealing with the loss of a close relative is never an easy process, but for those remembered under a deceased’s Will (or who might benefit from their Estate under the intestacy...
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Wills, tax, trusts & probate blog

Extension of the Trust Registration Service

18 Feb, 2022
Impact of the Fifth Money Laundering Directive (5MLD) The Trust Registration Service (TRS) came into operation in 2017 following the Fourth Money Laundering Directive (4MLD) and...
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Wills, tax, trusts & probate blog

Changes to care fee funding rules – what we know so far

9 Feb, 2022
              On 7 September 2021, the Government set out its revised plan for the reform of Adult Social Care in England which is due to take...
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Wills, tax, trusts & probate blog

Probate and estate administration

28 Jan, 2022
Finding yourself responsible for dealing with a deceased’s estate can seem a daunting and onerous task, and not one that many people have any experience with. At Cripps Pemberton...
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Wills, tax, trusts & probate blog

Simpler Inheritance Tax reporting for some estates

29 Dec, 2021
For deaths on or after 1 January 2022, reporting requirements will be reduced for non-taxpaying estates (known as “excepted estates”).   The aim is to reduce the...
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Wills, tax, trusts & probate blog

12 days of Christmas

20 Dec, 2021
  With only a few more sleeps till Santa, the run up to Christmas is in full swing.  Of course not everybody celebrates Christmas but we hope you will join us for a fun way...
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Wills, tax, trusts & probate blog

HMRC extend the deadline for UK Property CGT Returns

30 Nov, 2021
UK residents who dispose of an interest in UK residential property that gives rise to a capital gains tax liability are required to submit a UK Property CGT Return to HMRC and pay...
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Wills, tax, trusts & probate blog

Cohabitation and inheritance

24 Nov, 2021
Testators in the UK are generally free to leave their estate by their Will to whoever they choose.  If a testator dies without leaving a Will, the intestacy rules apply.  These...
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Wills, tax, trusts & probate blog

Christmas is coming…but so is the tax return filing deadline

19 Nov, 2021
It’s the season for everyone to start preparing for Christmas however, before you start your Christmas preparations you might want to get your tax return prepared and filed to...
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Wills, tax, trusts & probate blog

Reduce inheritance tax by leaving a gift to charity

16 Nov, 2021
Many people choose to make charitable gifts in their Wills.  As well as supporting a charity to continue their valuable work, making a charitable gift in your Will could also have...
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Wills, tax, trusts & probate blog

Prince Philip’s Will to be sealed for at least 90 years

15 Oct, 2021
If a Grant of Probate is needed to administer your estate, your Will becomes a public document when the Grant is issued. The government keep an online public register which can be...
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Wills, tax, trusts & probate blog

Legal battle shows the importance of keeping an up-to-date Will

9 Apr, 2021
A recent case shows how important it is to keep your Will up to date. After a director of Barclays Bank died unexpectedly in a skiing accident, her family discovered that her Will...
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Wills, tax, trusts & probate blog

Tax Day takeaways

30 Mar, 2021
Financial professionals anticipated shake ups to capital gains tax (CGT) and trust taxation on 23 March 2021 ‘Tax Day’. However, despite various reviews conducted by the Office...
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Wills, tax, trusts & probate blog

New Year: New Will?

15 Jan, 2021
The Law Society recently unveiled new research showing the impact the coronavirus pandemic has had on the number of people making or updating their Wills. From a Populus survey of...
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Wills, tax, trusts & probate blog

12 days of Christmas tax tips (and some highly questionable festive puns)

17 Dec, 2020
            The Christmas period is a great time to look ahead to the future. Here are our 12 tax tips for your succession and tax planning next year...
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Wills, tax, trusts & probate blog

“New Normal” Tips for Trustees

3 Dec, 2020
The impact of the COVID-19 pandemic has been felt by every sector of the economy. Whilst there are some signs of market re-emergence, recovery will be a long and turbulent journey...
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Wills, tax, trusts & probate blog

Virtual Witnessing of Wills: A Welcome Change

13 Aug, 2020
Since 1837 the Law surrounding the execution of a Will has required the will-maker to sign in the physical presence of at least two witnesses, who do not benefit under the Will...
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