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Tag: General, Private Client Wills and Probate, Private Client Tax and Trusts

Transferring Money to Your Children? Always See a Lawyer First!

Transferring Money to Your Children? Always See a Lawyer First!

Parents who transfer money to their children should always take legal advice if they wish to ensure that their generosity does not end up benefiting others. The point was strikingly made by the case of a promising young doctor who received substantial sums from his

To Keep Farming Businesses Intact for Generations, Legal Advice is Essential

To Keep Farming Businesses Intact for Generations, Legal Advice is Essential

Keeping farming businesses intact through the generations can be difficult and that is why professional estate planning advice is always necessary. The point was illustrated by a case in which the Court of Appeal sought to bestow peace on a mother and son who had

Making a Will? Have You Accurately Identified Your Intended Beneficiaries?

Making a Will? Have You Accurately Identified Your Intended Beneficiaries?

One very good reason why you should sign an up-to-date and professionally drafted will is to ensure that your chosen beneficiaries are accurately identified. A High Court case on point concerned gifts to a cottage hospital that did not exist and to equally illusory maternity

Legal Advice Saves Widow Up To £3.2 Million In Inheritance Tax

Legal Advice Saves Widow Up To £3.2 Million In Inheritance Tax

Inheritance Tax (IHT) represents a huge burden on many estates but, with the right professional advice, there are effective ways of reducing it. In one case on point, a High Court ruling had the effect of cutting potential IHT liabilities in respect of a wealthy