Vulnerable Persons Trusts: How could it help?

Vulnerable Persons Trusts: How could it help?

Vulnerable Persons Trusts: How could it help? What is it? It may be useful to first define some of the key terms which will be used in this article. ‘Trust’ – a Trust is a legal arrangement in which assets are held by a person or people (the Trustees) for the benefit...
A Brief Guide to Agricultural Property Relief

A Brief Guide to Agricultural Property Relief

A Brief Guide to Agricultural Property Relief Agricultural Property Relief (APR) is a Tax Planning mechanism available to farmers and landowners. It is designed to make the transfer of farming land on death less financially burdensome. It provides total or partial...
Suggestions made to end the shortage occupation list

Suggestions made to end the shortage occupation list

Suggestions made to end the shortage occupation list The Migration Advisory Committee (MAC) carried out a full review of the current shortage occupation list. What has the Migration Advisory Committee said? The committee is not convinced that the current shortage...
What is a cross-border Estate?

What is a cross-border Estate?

What is a cross-border Estate? When an individual dies, their assets (e.g., properties, bank accounts, investments, stocks and shares, valuable personal possessions) and their liabilities (e.g., credit cards, utility bills, personal loans, mortgages, Income Tax) are...
FAQs: What is a Trust and how can Trusts be used?

FAQs: What is a Trust and how can Trusts be used?

Emma and Nicole are talking about Trusts and looking at the Frequently asked questions surrounding them: What is a Trust ?How is a Trust set up?How can a Trust be used to save Inheritance Tax?What will I have to do as a Trustee?How can a Trust be used for children?...
FAQs: What is a Trust and how can Trusts be used?

What is Adverse Possession?

Adverse possession is a legal principle by which an individual who is not the legal owner of land can become the legal owner by being in possession of the land for the requisite period of time. Adverse possession is often referred to as “squatters rights”, and the...
I am going to inherit some money…what do I do?

I am going to inherit some money…what do I do?

I am going to inherit some money…what do I do? If you are not sure what to do with inheritance, we have outlined some options available to you in this article. There are two potential situations. The first is you think that when your Mum Dad or Auntie dies, you will...
Commonwealth Resealing – Is my Will legal in the UK?

Commonwealth Resealing – Is my Will legal in the UK?

Commonwealth Resealing – Is my Will legal in the UK? In order to prove an overseas Will in the UK it is generally necessary to prove that the Will complies with the internal law of the country in which the Will was made and or of the country in which the maker...
Should I get married for tax reasons?

Should I get married for tax reasons?

Should I get married for tax reasons? Traditionally the emphatic answer to this question was NO. But in recent years we have seen the increase in the number of long-term relationships where there is no marriage or civil partnership, coupled with an increasing number...