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: On 19 March 2026, the Judicial Committee of the Privy Council (Privy Council) delivered its landmark judgment in A and others...
This week’s edition of Private Client highlights includes: (1) Trust registration service—HMRC publishes guidance on registration and CIOT flags issue...
This Q&A considers whether an application for pre-action disclosure appropriate in an estate dispute between beneficiaries and personal...
The Chartered Institute of Taxation (CIOT) has flagged an issue with HMRC's Trust Registration Service (TRS) affecting practitioners attempting to...
This week’s edition of Private Client highlights includes: (1) Midlothian Council v DM (by his ALR, Helen Smith), in which the Court of Protection...
FORTHCOMING CHANGE relating to reverse hybrids: On 10 June 2026, the government opened a consultation on proposals which, if implemented, would allow...
FORTHCOMING CHANGE relating to reverse hybrids: On 10 June 2026, the government opened a consultation on proposals which, if implemented, would allow...
FORTHCOMING CHANGE relating to reverse hybrids: On 10 June 2026, the government opened a consultation on proposals which, if implemented, would allow...
HMRC's information powers in Schedule 36 to the Finance Act 2008 (FA 2008) (see Practice Note: HMRC information powers) are supplemented by...
What is the inherent jurisdiction (IJ)?The inherent jurisdiction of the High Court is a residual protective jurisdiction used to safeguard vulnerable...
Subscribed for and on behalf of [insert name of limited partnership]________________________[Director...
Subscribed by [insert name of individual] as [General Partner OR Authorised...
Subscribed for and on behalf of [insert name of limited partnership]by________________________[Director...
Subscribed for and on behalf of [Name of Company]by________________________[Director...
FORTHCOMING CHANGE: Potential changes to Wills Act 1837The Law Commission review of Wills has issued a final report on 16 May 2025 which includes in...
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,...
The cadastral map is a map of Scotland showing the totality of registered real rights in land. It consists of cadastral units, which each represent a single registered plot of land. Cadastral units include geospatial data, including rights and burdens pertaining to each registered plot. All applications to register an unregistered plot of land must sufficiently describe that plot for the Registers of Scotland to delineate it on the cadastral map. See Registers of Scotland—the cadastral map.
A future interest under a trust which is deferred until the determination of a preceding interest and for the time being it is uncertain if it will ever take effect at all. See also ‘vested in interest’.
An individual who has executed a Will.