The innocent inheritance tax blunder that can cost your family dearly
Around £14bn of tax suspected to be under-paid by wealthy Brits and their companies
Acting as an attorney – your responsibilities explained
As an attorney, you’ll be trusted to make important decisions, often at critical times, on behalf of someone who can no longer manage their own affairs. Here are some top tips for acting as an attorney: 1. Record-keeping is key It’s important to keep clear written records of the decisions you make, money spent and […]
Setting up a Lasting Powers of Attorney – what you need to know
More people than ever are preparing Lasting Powers of Attorney (LPAs). These give the designated attorney authority to manage your affairs – which could include oversight of your estate and/or healthcare decisions. LPAs are not just for the very elderly or those with a long-term illness – an accident or sudden diagnosis can strike at […]
Supreme Court Clarifies Treatment of Transferred Assets in Divorce
Today, the Supreme Court gave its judgment in the much-anticipated Standish v Standish, following an appeal by Mrs Standish, providing important clarification on how the Family Courts should treat the transfer of non-matrimonial assets between spouses. Background to the Case Mr Standish transferred approximately £77.8 million worth of assets to Mrs Standish, with the intention […]