Vulnerable Persons Trusts: How could it help?
December 21, 2023A Vulnerable Persons Trust (VPT) is a type of Trust established for the benefit of a vulnerable beneficiary.
A Brief Guide to Agricultural Property Relief
October 20, 2023Agricultural Property Relief is a Tax Planning mechanism available to farmers and landowners to make the transfer of farming land…
What is a cross-border Estate?
October 11, 2023When an individual dies, their assets and liabilities are calculated as at the date they died, this is known as…
I am going to inherit some money…what do I do?
July 25, 2022Charitable Trustees should seek to maximise the return on their investments; except where the investment is in explicit conflict with…
Commonwealth Resealing – Is my Will legal in the UK?
June 9, 2021If your Will is made in a Commonwealth Country the general principle is that the Will is deemed valid in…
Should I get married for tax reasons?
April 29, 2021Equality for un-married couples has increased but there's been no change to taxation structure and parts of the tax code…
Are we going to see changes to Inheritance tax or Capital Gains Tax?
April 12, 2021There were no announcements in this year's Budget about tightening up Capital Gains tax (CGT) and Inheritance tax (IHT).
Retirement Planning – Legal advice for the fun years!
December 17, 2020Are you reaching retirement age? In our latest article, we explain some of the things you should start thinking about…
Life Assurance in Trust: Why get it checked by a specialist?
December 14, 2020Home-made Lasting Powers of Attorney do not always achieve what was desired or intended. This is why we don't recommend…
Inheritance tax planning: How does it work?
November 20, 2020For many years Herrington Carmichael has offered inheritance tax planning advice...