Gifts with Reservation of Benefit – What you need to know
Many individuals choose to give away assets to family members during their lifetime to reduce the value of their estate – and potentially reduce their inheritance tax (IHT) bill when they die. When done correctly, such gifts can fall outside of the estate and be exempt from IHT. However, not all gifts are treated equally. […]
‘Suspicious’ Wills could soon be easier to challenge
What the Law Commission proposes – in brief The Law Commission has recently published a raft of recommendations to change the law surrounding Wills in England and Wales. We will be looking at some of the most significant of those proposals in a short series of articles. One of their important proposals is to change […]
Recognition for TWM in the Chambers High Net Worth 2025 Guide
TWM Solicitors is delighted to announce that it has again been ranked in the Chambers High Net Worth (HNW) 2025 Guide, following today’s launch by Chambers & Partners. Firm-wide Recognition Awarded Band 2 status in Private Wealth Law – Guildford and surrounds, maintaining its ranking for the ninth consecutive year. You can read the full Chambers […]
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 […]