About Private Client Law Topics we cover Our experts Our Top Sources News Practice Notes Precedents Q&As Featured Glossary

About Private Client Law

When Private Clients ask questions, they expect answers - right away. But when you’re working across so many different areas of the subject day to day, it’s impossible to hold it all in your head. In addition finding the answer often means cross-referencing several different sources – from the latest legislation to the Law Society’s most up-to-date guidance.

Will Precedents

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.

Court of Protection

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.

Trust compliance

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.

Cross-referencing sources

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.

Our Top Sources

GET A TRIAL

Latest Private Client Q&As

Q&As
Where the sole appointed trustee of a Will trust has disclaimed before acting, in whom does the trusteeship then vest? Do either of sections 18(2) and 36 of the Trustee Act 1925 apply?
Q&As
Where an individual gave their property to their children several years ago and continued to live in it creating a gift with reservation of benefit, what are the reporting requirements to HMRC on the IHT403 on their death? Would HMRC require a RICS Red Book valuation of what the property was worth at the date of the gift? Can the property be sold straightaway or should it be delayed in case HMRC makes further investigations?
Q&As
A dies leaving a legacy of an investment portfolio to B. B subsequently dies before A's estate is administered. A's executors have now sold the investment portfolio and have transferred the net proceeds of sale to B's executors. A's executors have indicated to B's executors that B's estate will need to account for any capital gains arising on the investment portfolio from the date of A's death to the date of sale. Our view is that any capital gains relating to B's estate should only be calculated from the date of B's death, as B had a vested interest in the portfolio and so there would have been a tax free uplift on B's death. What is the CGT position?
Q&As
The terms of a trust give a person the right to reside in a trust property for as long as they desire. The house burned down and the beneficiary moved out. A larger replacement property was subsequently built on the same plot. The beneficiary has not occupied the replacement property, but do they have the right to occupy it?
Q&As
Can a photo of a wet ink signature be used to create an original signed document?
Discover our Private Client Q&As
VIEW Q&As

Associated legal terms

Baker trust

A fixed interest trust governed by English law, where the source of the income is the underlying income-producing assets held by the trust.

Facility and circumvention

A Will is open to challenge when facility and circumvention can be shown to have existed. Facility is less than insanity but exists where the testator, either because of physical or mental illness, can easily be imposed upon. ‘circumvention’ refers to pressure or persuasion.

Multiplepoinding

An action to determine the rights of parties to a fund or property in dispute and to release the holder of the fund from any claim.
Discover our Private Client legal terms
VIEW Glossary

Try it for free for 7 days

No Credit Card Required

No Downloads Necessary

**Trials are provided to all LexisNexis content, excluding Practice Compliance, Practice Management and Risk and Compliance, subscription packages are tailored to your specific needs. To discuss trialling these LexisNexis services please email customer service via our online form. Free trials are only available to individuals based in the UK, Ireland and selected UK overseas territories and Caribbean countries. We may terminate this trial at any time or decide not to give a trial, for any reason. Trial includes one question to LexisAsk during the length of the trial.