HM Revenue & Customs (HMRC) has published guidance on how individuals possessing cryptoassets may be taxed.
Government officials have not assessed the cost of administering probate for high value estates, despite plans to introduce increased charges, it has emerged.
How far can the Senior Courts Costs Office (SCCO) exceed a costs estimate? The Law Society’s Practice Advice Service explains.
Mental health patients must be given greater choice and control when the outdated Mental Health Act 1983 is revised, says the Law Society.
The Law Society updated its guidance on disputed wills in December 2018, Stephen Lawson looks at the changes.
Are you up to date with the Law Society’s practice notes? We’ve gathered together a list of ten key private client law practice notes that have been updated throughout the year.
Kate Mahon reviews the highlights from our 2018 conference on elderly and vulnerable client care.
We’ve gathered our top articles from past issues of PS magazine to help private client practitioners build their skills and follow best practice. Our first collection covers management in private client practice
The government has resurrected plans for a sharp hike in probate fees on bigger estates.
Legislation in force from next April will bring almost all non-resident owners of land within the scope of UK tax on their gains – the loss of a key tax benefit for investors. Jo Summers explains
The Law Society’s Library discusses advance decisions or living wills, and sources of commentary and precedents.
Vulnerable adults could be put at risk if care homes are given increased responsibility for decisions about their liberty.
The Law Society’s Practice Advice Service explains what standards your firm needs to uphold in order to receive Law Society accreditation.
A new legal obligation, the ‘requirement to correct’ (the RTC) requires taxpayers with outstanding offshore tax non-compliance to correct the position before 30 September 2018. Stuart Adams explains what action you need to take.
We invite off-shore trustees to complete a brief survey to help identify potential issues with proposed changes to offshore trusts.
We’re looking to hear from our Welsh members if they have seen a rise in accountants moving into probate work.
The Law Society has responded to the Office of Tax Simplification’s Inheritance Tax Review.
The Law Society Library provides guidance on contentious probate (Larke v Nugus) and where precedents and guidance can be found.
Court users will now be able to send applications directly to the regional hub where they reside, the Ministry of Justice (MoJ) has proposed.
In the May 2018 edition (issue 133) of PS, the Law Society published an article entitled ‘State of mind’ by Elizabeth Barclay, a solicitor at Howard Kennedy LLP.
New draft guidance has been published to assist those advising non-UK domiciled clients on the important tax changes introduced by the Finance (No 2) Act 2017.
You may have heard that the SRA is proposing sweeping changes to the Handbook, which the Law Society believes could seriously damage the reputation of the profession. Here, Law Society policy adviser Marzena Lipman looks at the specific proposals which would allow solicitors to carry out non-reserved legal services from unregulated entities, and their potential impact on both solicitors and clients.
I am drafting a will and my firm, an LLP, is being appointed executor. If we incorporate at a later date, will this invalidate the appointment?
Legislation will be brought forward to reform safeguards covering people detained under the Mental Capacity Act 2005, the government has announced, accepting several recommendations made by the Law Commission.
The HM Courts & Tribunals Service (HMCTS) Probate Reform Team provides an update on the online grant of representation service, and how solicitors can get involved in the next stage of testing.
The Excellence Awards are back for 2018 and are going to be the biggest and best yet. The awards include Excellence in Private Client Practice, which celebrates excellence and outstanding achievement in private client work
The Law Society Library helps find immediate post death interest (IPDI) trust precedents.
System to go live in early April for Accredited Legal Representatives (ALRs) in the Court of Protection.
The anti-money laundering (AML) guidance produced by the legal sector AML supervisors, including the Law Society, has now received the approval of HM Treasury and is available to download now.
The Trusts Register will provide a single point of access for trustees and their agents to register and update their records online, replacing the current paper 41G(Trust) form and the ad hoc process for trustees to notify changes in their circumstances.
The Ministry of Justice has launched a scheme to refund those who may have paid more than they should for applying to register powers of attorney. The Private Client Section has prepared a precedent letter that members can send to their clients informing them of the scheme and the steps they can take to obtain a refund.
People detained for mental health problems need legislation that protects them better, the Law Society of England and Wales said in its evidence to the independent review of the Mental Health Act 1983, announced by Theresa May in her most recent party conference speech.
The Ministry of Justice (MoJ) has launched a scheme to refund those who may have paid more than they should for applying to register powers of attorney.
The state must protect vulnerable people from being deprived of their liberty without proper legal safeguards, the Law Society of England and Wales said following a stinging ruling in the Court of Protection.
A new podcast for the Risk and Compliance Service looks at the new obligations placed on private client practitioners by the Money Laundering Regulations 2017 and the recent Criminal Finances Act
How can professional executors trace old life insurance policies and pensions?
As part of our cybersecurity and scam prevention support for law firms, we’ve launched a weekly email digest of cybersecurity news relevant to the legal sector – sign up now
The Law Society has responded to a wide-ranging consultation from the Law Commission on reforming laws around making a will.
The Law Society has published a new practice note to support solicitors appointed as accredited legal representatives (ALRs) by the Court of Protection. ALRs must be members of the Society’s new Mental Capacity (Welfare) Accreditation scheme which houses the quality assured panel of representatives.
Courts should have the power to recognise and give legal effect to a deceased person’s final wishes even where the formalities of a valid will are not present, the Law Society said today.
As part of its digitisation of the probate system, HMCTS is canvassing opinion on the current service, and wants to hear from practitioners.
Melinda Giles talks about her career, her role as a member of the Private Client Section Council, and shares some good advice.
A new Back to Basics quiz is available to all Private Client Section members.
We say goodbye to Gary Rycroft, who is stepping down as chair of the Private Client Section committee, and welcome new chair, Fiona Heald, and vice chair, Kate Mahon.
Changes to the law could help charities run more effectively says the Law Commission.
Government does not think change in wills law will lead to people sending documents by text.
The Criminal Finances Act 2017, in force from 30 September, introduces a new criminal offence of failure to prevent the facilitation of tax evasion. Stuart Adams provides an update
New practice note on Criminal Finances Act 2017.
The Law Society cautiously welcomes online probate applications.
What information, if any, can be disclosed about a disputed will?