Latest 'Back to Basics' – Page 2

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Back to basics: Drafting wills for overseas jurisdictions

2018-11-06T00:08:00Z

Daniel Harris recaps the main legal issues affecting the writing of wills to cover cross-border assets

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Back to basics: Deeds of variation and disclaimers

2018-08-07T00:06:00Z

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

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Back to basics: Working with farming accountants

2018-05-15T14:52:00Z

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

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Back to Basics: Investment bonds

2018-02-14T17:02:00Z

Kevin Read BSc, ACA, looks at investment bonds 

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Back to Basics: Annual tax compliance in probate cases

2017-11-07T11:26:00Z

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

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Back to Basics: Funding of care fees

2017-08-15T09:26:00Z

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 ...

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Back to Basics: Drafting LPA clauses

2017-05-09T17:20:00Z

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

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Back to Basics: Administering trusts

2017-02-14T00:00:00Z

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

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Back to Basics: Authorised payments for CoP deputies

2016-11-15T00:00:00Z

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 ...

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Back to Basics: Lifetime gifts

2016-07-21T12:56:00Z

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.

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Back to Basics: Removing and retiring trustees and PRs

2016-05-19T16:03:00Z

Removing a fellow professional fiduciary

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

2016-03-22T13:17:00Z

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 ...

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Back to Basics: Finalising a tax liability

2016-03-22T00:00:00Z

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

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Back to basics: Trusts of land

2015-11-26T11:41:00Z

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.

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Back to Basics: Inheritance tax relief on farmland

2015-07-21T00:00:00Z

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

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Back to basics: Residence and domicile

2015-05-20T10:49:00Z

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

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Back to Basics: Stamp duty land tax

2015-03-17T00:00:00Z

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

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Back to basics 35: Deprivation of liberty

2015-01-20T12:14:00Z

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

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Back to basics 34: Nil-rate band trusts

2014-11-18T11:52:00Z

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

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Back to Basics: FATCA and UK trusts

2014-07-16T00:00:00Z

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