Useful Resources

The question of reversionary leases and reservation of benefit for inheritance tax purposes has come before the courts again.

In considering the options for change the Government states that it wishes to tackle this problem but retain a tax deferred allowance.

The Law Society suggests that better information for the public might deal with some of these difficulties.

A recent court of protection case involving inheritance tax planning for a large estate highlights the factors the court will take into account.

The exemption from capital gains tax (CGT) that applies when selling your only and main residence is a very valuable one.

You may have clients who have built up substantial portfolios of investment properties which have been transferred into a limited company.

Denise Brewster & Lenny McMullan had lived together for ten years. On Christmas Eve 2009 they became engaged to marry and two days later Mr McMullan died.

Unlike in many European countries, your clients have complete freedom when making their Will to include and exclude whoever they wish.

If you are contemplating a second marriage, we advise re-writing your will to protect your assets. In this article, we outline the legal considerations.

Nrbts were frequently included in Wills made before 2007 in order to use the inheritance tax nil rate band of each of a married couple.

Many of your clients may own second homes abroad, with France and Spain being popular locations.