A Modern Approach to Lifetime Tax Planning for Private Clients (with Precedents) (and CD-ROM)
Provides practitioners with help and guidance on everyday planning and drafting issues.
One Year Subscription Only Terms
Subscribers receive the product(s) listed on the Order Form and any Updates made available during the annual subscription period. Shipping and handling fees are not included in the annual price.
Subscribers are advised of the number of Updates that were made to the particular publication the prior year. The number of Updates may vary due to developments in the law and other publishing issues, but subscribers may use this as a rough estimate of future shipments. Subscribers may call Customer Support at 800-833-9844 for additional information.
Subscribers may cancel this subscription by: calling Customer Support at 800-833-9844; emailing firstname.lastname@example.org; or returning the invoice marked 'CANCEL'.
If subscribers cancel within 30 days after the product is ordered or received and return the product at their expense, then they will receive a full credit of the price for the annual subscription.
If subscribers cancel between 31 and 60 days after the invoice date and return the product at their expense, then they will receive a 5/6th credit of the price for the annual subscription. No credit will be given for cancellations more than 60 days after the invoice date. To receive any credit, subscriber must return all product(s) shipped during the year at their expense within the applicable cancellation period listed above.
Why should you buy A Modern Approach to Lifetime Tax Planning for Private Clients
This title deals with the legal aspects of tax planning for private clients. It is a companion volume to the popular A Modern Approach to Wills, Administration and Estate Planning (with Precedents).
This work begins by looking at the essential legal framework of giving and tax law through a combination of detailed and authoritative commentary, worked examples and precedents. It then examines specific topics including: trusts and settlements, the family, and looks at particular assets such as the family home, CGT main residence relief, chattels, businesses and farms, investments, and insurance based products. It goes on to examine tax planning using statutory reliefs and exemptions including joint ownership of land/sharing arrangements, gifts for family maintenance, normal expenditure out of income and charitable giving.
This new edition includes:
* Introduction of the Residential Nil Rate band by the Finance (No 2) Act 2015
* Effect of the Taxation of Pensions Act 2015
* The impact of the Inheritance and Trustees Powers Act 2014
* Changes to IHT charges on relevant property trusts
* Full text of the STEP Standard Provisions and the STEP Investment Policy
The line between acceptable tax planning (aka tax avoidance) and tax evasion has become increasingly blurred in the last 12 months. At one time the distinction was clear: avoidance was legal (eg taking advantage of an exemption or relief provided for in the legislation, even exploiting a loophole) whilst evasion was an illegal activity (eg making a false statement in a return). Read the full preface...
Table of contents
Preface to the Second Edition
Table of Cases
Table of Statutes
Table of Statutory Instruments
Table of Abbreviations
Essential Law on Giving
- The Power of Attorneys and Deputies to Make Gifts
- Undue Influence
- Formalities: Perfecting the Gift
- Creating a Settlement
- Perpetuities and Accumulations
- Modifying trusts by the exercise of dispositive powers
- Providing Information to Beneficiaries
- Letters of Wishes
- Presumptions of Resulting Trust and Advancement
Essential Tax Law
- IHT: General Principles
- IHT: Reservation of Benefit and the POAT Rules
- IHT: Taxation of Settlements
- CGT: General Principles
- CGT: Settled Property
- Other Taxes
Trusts and Settlements
- When to Make a Settled Gift: Drafting Considerations
- Setting Up a Settlement
- Administering a Settlement
- The Ending of a Settlement
- Pilot Trusts
- Trusts for the Disabled
- Bare Trusts
- The Family
- Children and Remoter Issue
- Divorce and Separation
- Old Age
- The Family Home
- The CGT Dimension: Main Residence Relief
- Businesses and Farms
- Tax Efficient Investments
- Extending the vesting period
- Planning Using Statutory Exemptions and Reliefs
- Gifts for Family Maintenance
- Normal Expenditure Out of Income
- Charitable Giving
- Taking Instructions; Identifying Objectives; Finding out Who Owns What
Read the full contents
A Modern Approach to Wills, Administration and Estate Planning (with Precedents) Fourth edition (with CD-ROM)Release Date: November 24, 2017£111.99
A Modern Approach to Wills, Administration and Estate Planning Fifth editionRelease Date: August 26, 2020£152.00
Finance and Law for the Older ClientRelease Date: May 12, 2000£609.00