Back to Basics – Page 2

  • Angharad Lynn

    Back to basics: Deeds of variation and disclaimers


    Deeds of variation and disclaimers can prove useful tools to redirect dispositions in a will. Angharad Lynn reviews the basics

  • Sheep farming at Coulaghailtro, Scotland

    Back to basics: Working with farming accountants


    Julie Butler and Fred Butler offer advice on the farm ownership structure and providing for strong succession planning.

  • kevin read

    Back to Basics: Investment bonds


    Kevin Read BSc, ACA, looks at investment bonds 

  • Simon Leney

    Back to Basics: Annual tax compliance in probate cases


    Simon Leney and Jane Hodge look at final lifetime income and capital gains tax returns and estate returns

  • Melinda Giles

    Back to Basics: Funding of care fees


    Melinda Giles and Fiona Heald outline the three main ways government will assist with care fees for a person going into care – through the local authority; NHS continuing healthcare; and section 117 funding – and explain when it is possible to claim, how to claim, and what is and ...

  • craig ward 140x96

    Back to Basics: Drafting LPA clauses


    Craig Ward looks at how to draft clauses in lasting powers of attorney, including the importance of clarifying client instructions, being aware of current case law, and drafting with a practical outlook

  • Simon Leney

    Back to Basics: Administering trusts


    In this Back to Basics, Simon Leney identifies some of the building blocks that are needed to do this work effectively. The article is in three parts: the take-on of a newly established trust, the take-on of an existing trust, and the conduct of a trust

  • Melinda Giles

    Back to Basics: Authorised payments for CoP deputies


    Those in control of the finances of an incapacitated person may be an attorney by a registered power of attorney or a deputy under the Court of Protection. As such, the authority that they hold in terms of the payments that they are authorised to make differs. Melinda Giles set ...

  • lesley king 84x84

    Back to Basics: Lifetime gifts


    Lifetime gifts are made for a number of reasons, two of the most common being generosity and a wish to save inheritance tax. Lesley King looks at the matters to consider in order for the gift to be valid.

  • Henrietta Mason

    Back to Basics: Removing and retiring trustees and PRs


    Removing a fellow professional fiduciary

  • christopher eriksson lee

    Back to Basics: Managing stocks and shares as part of an estate


    Practitioners face a number of issues when dealing with an estate that contains portfolios of stocks and shares. It’s important to have a good understanding of how you can help clients plan before death, and deal with shares as part of the administration of an estate after death. Christopher Ekisson ...

  • Karmjit Mader

    Back to Basics: Finalising a tax liability


    It’s become increasingly difficult to finalise an individual’s tax liability under the UK tax system. Lisa Vanderheide and Karmjit Mader provide a guide

  • Andrew Skelly

    Back to basics: Trusts of land


    Andrew Skelly discusses the law relating to trusts of land, the Trusts of Land and Appointment of Trustees Act 1996, and the implications of the recent case of Bagum v Hafiz and Hai on the court’s powers to order sale of land from one joint owner to another.

  • Julie Butler

    Back to Basics: Inheritance tax relief on farmland


    Julie Butler looks at farm taxation issues, including business property relief, agricultural property relief, furnished holiday lets and farming wills and partnership agreements

  • Jo Summers

    Back to basics: Residence and domicile


    Jo Summers explains how to assess client’s residence and domicile status – and the impact this can have on will-drafting and succession issues – and examines the new EU certificates of succession

  • Marlon Appleton

    Back to Basics: Stamp duty land tax


    Marlon Appleton provides a practical and detailed guide to SDLT for private client practitioners, as it relates to companies and gifting property, gifting between spouses, trustees, and options to purchase in wills

  • Adam Boukraa

    Back to basics 35: Deprivation of liberty


    Adam Boukraa looks at how the system in place to authorise deprivations of liberty under the Mental Capacity Act 2005 works

  • Pippa Ward

    Back to basics 34: Nil-rate band trusts


    Simon Leney and Pippa Ward outline what NRB trusts are, how they are currently used, what the proposed changes to the regime are, and what this means for private client practitioners

  • Jo Summers

    Back to Basics: FATCA and UK trusts


    Jo Summers explains what FATCA is and its application to UK trusts

  • Hawkins

    Back to basics 32: Ins and outs of trust corporations


    In recent years, trust corporations have gained in popularity within law firms. However, they remain somewhat a mystery to the general public and, indeed, to many practitioners. Holly Miéville-Hawkins dispels the myth of trust corporations and casts a light on their applicability in many types of practice