Navigating the complexities of family businesses requires a nuanced understanding of both legal and familial dynamics. This guidance offers practical insights for structuring ownership to ensure stability and growth, while balancing the unique interests of family members. Equip yourself with strategies to address succession planning, governance, and dispute resolution, tailored specifically for the distinctive challenges of family-run enterprises.
The following Tax news provides comprehensive and up to date legal information on Preliminary decision of FTT finds closure notices had wide scope allowing HMRC to raise alternative arguments in the substantive litigation (Tinkler v HMRC)
The following Private Client news provides comprehensive and up to date legal information on Company has a life for inheritance tax purposes, UK court says
The following Private Client news provides comprehensive and up to date legal information on Private Client weekly highlights—28 August 2025
The following Private Client news provides comprehensive and up to date legal information on Sealing of Will—section 124 of the Senior Courts Act 1981 (Johnson v His Majesty’s Attorney General)
Nature and classification of trusts—the three certaintiesCertaintyIn order for a settlor to create a private express trust the three certainties must...
ProtectorsWhat is a protector?A protector is a person who holds powers under a trust but who is not a trustee. A protector is a person who is...
Preparing the application form PA1P/PA1A for probate or letters of administrationFORTHCOMING CHANGE: The postal application forms PA1P and PA1A for...
Administration actions—personal representatives and the deceased's liabilitiesAn individual may assume obligations, for example in respect of...
If a rentcharge is shown as being informally exonerated on title information, does this apply to the current registered owner? Or does the informal exoneration only apply to the parties to the document which informally exonerated the rentcharge?This Q&A considers the situation where, at some
Late payment penalties—inheritance taxWhile interest often accrues on overdue tax, the late payment of certain taxes may also attract a penalty. For information on the interest accruing on overdue tax, see Practice Notes: IHT—payment deadlines on death—Interest on IHT and Interest on late paid
Can shares in a limited company that have not been paid-up at all be cancelled?A limited company having a share capital may not alter that share capital, except in the ways listed in section 617 of the Companies Act 2006 (CA 2006). Shares in a company cannot simply be cancelled without following an
Template for regulatory references given by SMCR firms and disclosure requirements[Insert addressee details]Dear [insert name][It is our understanding that [insert name of prospective employee] [was an employee of yours between the dates of [insert dates as appropriate] OR is a current employee of
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