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.
This week’s edition of Private Client highlights includes: (1) Cator v Thynn, which considered representation orders in Public Trustee v Cooper...
The Charity Commission has issued guidance for charities in England and Wales on campaigning and political activity during Senedd and local elections....
This Q&A considers the definition of an 'undivided share of an interest in land' for the purposes of section 102B of the Finance Act 1986....
Private Client analysis: This was an application in a Public Trustee v Cooper claim to join as a defendant an independent solicitor to represent...
The Hague Conference on Private International Law (HCCH) has announced that the Council on General Affairs and Policy (CGAP) met from 3 to 6 March...
ARCHIVED: This Practice Note has been archived and is not maintained.This Practice Note contains information on the Finance Act 2026, which received...
Stop Press: Finance Act 2026 (FA 2026) makes two changes to the non-resident capital gains tax rules. (1) FA 2026, s 40 provides that, for the purpose...
Stop Press: Section 49 of, and Schedule 7 to, the Finance Act 2026 amends the UK’s domestic legislation in relation to UK permanent establishments of...
Stop Press: Section 49 of, and Schedule 7 to, the Finance Act 2026 amends the UK’s domestic legislation in relation to UK permanent establishments of...
Forced heirship arises when children or close relatives of a deceased are entitled as of right to a share of the deceased's patrimony (in broad terms,...
Case No: [insert]THIS ORDER IS NOT VALID UNLESS IT BEARS THE IMPRESSED SEAL OF THE COURT OF PROTECTION ON ALL PAGESCOURT OF PROTECTIONMENTAL...
1Legacy of qualifying business property on discretionary trust1.1In this clause 1 ‘Qualifying Business Property’ means all that property in respect of...
[Your ]Will—[name of testator]—[explanatory note]This [explanatory note] explains the main provisions of your Will in straightforward terms. Please...
[Your ]Will—[name of testator]—[explanatory note]This [explanatory note] explains the main provisions of your Will. Please read this [explanatory...
[Your ]Will—[name of testator]—[explanatory note]This [explanatory note] explains the main provisions of your Will in straightforward terms. Please...
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...
Loan agreement—individualsDATE:Parties1[[name] of [address] [and [name] of [address]] OR [name] and [name] both of [address]] (Lender[s])2[[name] of...
The Cy-près doctrineFORTHCOMING CHANGE: The Charities Act 2022 (CA 2022) received Royal Assent on 24 February 2022 and will be implemented on a...
Trustees—appointment of trusteesOriginal trusteesTrustees will usually be appointed by the instrument that brings the trust into existence. The trust...
Death in service benefitsOverview of the types of death in service benefits and their tax treatmentThere are three types of death in service...
Assent of assets by personal representativesPersonal representatives (PRs) can transfer assets to beneficiaries in any way that would also be...
Intermeddling in an estateWhat is intermeddling?An individual who performs certain duties which a personal representative (PR) would perform to...
Termination of trusts—methods of terminationDuration of a trustThe duration of an express trust is subject to the restrictions imposed by the rules...
Trusts as a vehicle for holding company sharesIntroductionMany trusts own shares as part of a portfolio of investments. This Practice Note looks at...
Benevolent fundsFORTHCOMING CHANGE: The Charities Act 2022 (CA 2022) received Royal Assent on 24 February 2022 and will be implemented on a staggered...
Creation of trusts—life insurance trustsDefining life insurance trustsA life insurance trust usually involves either:•an assignment of an insurance...
Lifetime giftsA lifetime gift is a gratuitous transfer of ownership of any property between living persons and not made in expectation of death. In...
Source of income (and private client)When advising an individual on cross-border or offshore tax planning, it is important to establish the 'source'...
Liferent trusts—ScotlandLiferent trustsA liferent trust (or trust liferent) is a trust which, when settled, confers a use and income benefit, or both,...
Scheme designed to encourage investment in smaller, higher-risk trading companies by offering a range of tax reliefs to individual investors purchasing newly issued shares in those companies.
A category of trust property which is subject to a special regime for inheritance tax.
Taxation of an individual's foreign income and capital gains in the UK only if that income and gains are remitted, or brought to, the UK.