Precedents covering the most common scenarios in this area. Drafting notes accompany each clause - incorporating the latest developments like Will drafting considerations for inheritance tax residence nil rate band.
Our Court of Protection topic covers both property and finance, and health and welfare Court of Protection applications. It’s geared at both the Court of Protection specialist practitioner and the occasional user.
Topics include beneficial ownership transparency, the Money Laundering Regulations, the Trust Registration Service, obligations relating to data protection and GDPR and offences under the Bribery Act 2010.
When private clients ask questions, they expect answers quickly. But, working across lots of areas day to day, it’s impossible to hold it all in your head. We’ll help you cross-referencing several different sources.
Private Client analysis: In Butler-Sloss v Charity Commission, the trustees of two charities with an environmental focus sought the court’s approval...
Local Government analysis: The government has recently published the consultation on the draft MCA code, including the liberty protection safeguards....
This week’s edition of Private Client highlights includes: (1) The Financial Conduct Authority’s consultation paper CP22/9 on the expansion of the...
Law360: An appeals court rejected a respondents argument that he didn't owe surcharges on unauthorised payments made in a registered pension scheme...
Private Client analysis: The First-tier Tribunal found that the days which the taxpayer spent in UK to care for her twin sister and her sister’s minor...
Key UK tax rates, thresholds and allowances for Private ClientThis Practice Note sets out the key UK tax rates, thresholds and allowances most...
Court of Protection case trackerRiddle v Parker Rhodes Hickmott Solicitors [2022] EWCOP 18Court of Protection refuses to permit deputy to appeal...
IHT—residence nil rate band Q&AsThis Practice Note aims to guide practitioners to Q&As and worked examples of the principles under which the...
IHT—payment deadlines on deathThere are various immediate steps that the family members, personal representatives (PRs) and their advisers will need...
Brexit timelineOn 23 June 2016, the UK held a referendum on its membership of the EU, with a majority voting in favour of the UK leaving the EU. On 29...
Variation—deed—to insert legacy on intestacy—by statutory beneficiariesTHIS DEED is made on [date]Parties1[Names of statutory beneficiaries entitled...
Variation—deed—to insert legacy in Will—by residuary beneficiariesTHIS DEED is made on [date]Parties1[Names of residuary beneficiaries entitled under...
Grant letter to Life Assurance Company[enter name of company][enter address of company][enter date]Dear [insert organisation name]The late [name of...
Grant letter to Estate Agent[name of estate agent][address of estate agent][enter date]Dear [insert organisation name]The late [name of deceased] of...
Grant letter to Employer [name of employer][address of employer][enter date]Dear [insert organisation name]The late [name of deceased] [enter...
What is an offshore trust?A trust is formed either by lifetime gift or on death when a person (the settlor) transfers assets to another person or...
Acceptance in Lieu scheme and other heritage property reliefsThe Acceptance in Lieu (AiL) scheme allows those who are liable to UK inheritance tax...
Tax and the personal injury trustInheritance tax and personal injury trustsIt is a common misconception among practitioners that using one type of...
Creation of trusts—express trustsConstituents of a trustWhen drafting, keep in mind that the essentials of creating a validly constituted trust...
Trust Registration Service (TRS)Background to the Trust Registration Service (TRS)HMRC's online Trust Registration Service (TRS) was designed to...
Statutory residence test—split year treatmentThe UK’s first formal tax residency test for individuals known as the statutory residence test or SRT...
Discretionary trusts—ScotlandWhat is a discretionary trust?A discretionary trust or discretionary settlement is an arrangement created when an...
Applications under the Variation of Trusts Act 1958The Variation of Trusts Act 1958 (VTA 1958) gives the court the jurisdiction to approve variations...
Trust disputes—asset tracingIn some circumstances a beneficiary will want to recover a specific asset. Tracing as a remedy will be the preferred...
Company donationsThe key legislation setting out charitable donations relief for companies is enshrined within Part 6 of the Corporation Tax Act 2010...
Deputyship returns and accountsFor all those appointed by the Court of Protection to act as a deputy for property and financial affairs or health and...
Charities and the relief of povertyFORTHCOMING CHANGE: On 22 March 2021, the government published its response to the Law Commission’s report of 14...
Public Guardian and Court of Protection fees and fixed costsFees for applications to the Office of the Public GuardianThe fees to be paid in respect...
CGT—hold-over relief for trusts and individualsWhere an asset is acquired or disposed of otherwise than at arm’s length (ie there is a gift or a...
Court of Protection—Position StatementCase No. [insert][IN THE COURT OF PROTECTION][IN THE MATTER OF THE MENTAL CAPACITY ACT 2005][IN THE MATTER OF...
Beneficiary receipt on final distribution of trustI, [beneficiary], acknowledge that today I received from [names of trustees] the trustees of [insert...
Deed of revocation of ordinary power of attorneyThis Deed OF REVOCATION is made on [date] by me [name of donor] of [address of donor].This Deed...
A ratio used to provide an estimated relationship between the number of points of interconnection and the volume of double tandem traffic.
Used by all communications providers as an alternative to disconnection of service. If a customer fails to settle their account within a specified time period, the communications provider will offer OCB with a repayment plan. If a customer defaults on that payment plan, the communications provider may disconnect the service.
This section addresses the exercisable use of general police power of seizure. The PACE Act states constables may have the power to seize anything on given premises, if there are reasonable excuses for doing so. Such information may be used as evidence related to an offence, or be obtained consequently for the commission of an offence.