Clarke Willmott

This Q&A considers the calculation of the available residence nil rate band where there is a gift with reservation of benefit. It also considers the operation of the Inheritance Tax Double Charges (Relief) Regulations 1987, SI 1987/1130.

This Q&A discusses the effect of Brexit on the application of the EU Succession Regulation on cross-border estates, and the drafting of Wills in England and Wales.

This Q&A considers the availability of the residence nil rate band in cases where the value of the estate itself on death does not exceed £2m but where gifts were made in the deceased’s lifetime which bring the chargeable estate above the £2m threshold.

This Q&A discusses when the residence nil rate band is available for a property that has been gifted and what the capital gains tax position is in relation to the uplift in value of a property.

This Q&A considers the availability of the residence nil rate band (RNRB) and transferable RNRB in the event that both spouses or civil partners die simultaneously.

This Q&A discusses at which point the RNRB or transferable RNRB are available on the death of an individual.

This Q&A considers whether the freeholder via a management company can serve a claim on a leasehold owner of a flat and via email despite having the knowledge that X is abroad, though details of his location are unknown.

This Q&A considers the conditions for replacement business assets to qualify for business property relief from inheritance tax.

This flowchart sets out the different enforcement options available when the judgment creditor has obtained a County Court money judgment.

This flowchart sets out the different enforcement options available when the judgment creditor has obtained a High Court money judgment.

This flowchart provides a visual guide to the process for applying for a third party debt order as a means of enforcing a money judgment.