A grandparent wants to set up Junior ISAs for their grandchildren in order to invest shares on their behalf. A Junior ISA may only be opened by someone with parental...
A owns an ISA held by investment managers and wishes to pass this as a tax free fund to his spouse. It will form part of the residuary estate in which the spouse is left...
A pilot trust has been established to receive the death benefits from a retirement annuity contract (RAC). If the RAC funds are subsequently transferred to a...
An individual, X, joined a trust-based pension scheme in 2006. In 2011, X established a £10 pilot trust. Following X’s death in 2012, the trustees of the pension scheme...
The following Private Client practice note provides comprehensive and up to date legal information on An introduction to the UK pension system for the private client...
The following Private Client practice note provides comprehensive and up to date legal information on An introduction to UK pension systems—private pensions...
The following Private Client practice note provides comprehensive and up to date legal information on An introduction to UK pension systems—the state pension, state...
The following Private Client Q&A provides comprehensive and up to date legal information on Can a trust over policy proceeds be implied when trust documentation was not...
The following Private Client practice note provides comprehensive and up to date legal information on Creation of trusts—life insurance trusts
The following Pensions practice note provides comprehensive and up to date legal information on Death benefits—final salary schemes
The following Pensions practice note provides comprehensive and up to date legal information on Death benefits—money purchase schemes
The following Private Client practice note provides comprehensive and up to date legal information on Death in service benefits
Does a refund of contributions from a defined benefit pension arrangement, following the death of a member in deferment, form part of the deceased member’s estate for...
Does the value of an insurance bond (life policy) owned by the deceased and assured on the deceased’s children’s lives form part of the deceased’s estate for inheritance...
The following Pensions practice note provides comprehensive and up to date legal information on Drawdown and death benefits from 6 April 2015
The following Tax practice note provides comprehensive and up to date legal information on EIS—introduction to regime and description of tax reliefs
H took out a life assurance policy in 1966 with himself as the life assured and his wife W as the sole beneficiary. The policy is expressed to be subject to section 11 of...
The following Private Client Q&A provides comprehensive and up to date legal information on How many trustees should sign a contract for it to be binding on all trustees?...
How might the UK tax a lump sum payment from a non-UK pension scheme to a UK resident where some of the pension monies within the non-UK scheme originated within a UK...
If a non-UK resident individual invests in an EIS qualifying company in the UK, would any subsequent disposal by him, made while a non-UK resident, be subject to UK...
If the deceased had an ISA, and an election is made by the deceased’s spouse to take the ISA over, how are income and gains treated from the date of death until the date...
The following Private Client practice note provides comprehensive and up to date legal information on Individual savings accounts
The following Practice Compliance practice note provides comprehensive and up to date legal information on Insurance distribution activities—law firms...
The following Pensions practice note provides comprehensive and up to date legal information on International pension transfers
The following Private Client practice note provides comprehensive and up to date legal information on Life insurance and estate planning
The following Private Client practice note provides comprehensive and up to date legal information on National Savings & Investments products
