Will drafting is becoming more complex due to the nature of more complicated family dynamics, tax planning and care fees planning. Practitioners need to be more aware of the interaction and use of trusts either in a person’s lifetime (‘inter-vivos’) or within a will and advise clients accordingly. Not only that but legislation changes have […]
The process of administering estates is becoming more complex due to a number of factors, not only due to changes at the probate registry and HMRC but also because of economic changes. Digital assets, crypto currency and bitcoin are becoming more commonplace, and there are more widespread tax planning measures being undertaken by individuals in […]
Trusts can sometimes be overlooked as an option for lifetime planning and their uses within estates, however when prepared properly these can be great tools in a practitioner's armoury to ensure that a client's needs are met. Problems can arise however if the trust is not drafted properly, and this has led to cases where […]
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