All Private Client Solicitors articles – Page 19
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FeatureRunning the risk
Kate Burt looks at the updated Legal Sector Affinity Group’s anti-money laundering guidance, its practical implications for solicitors, and specific risks in private client work
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FeatureInheritance: the conversations we’re still not having
Although no one enjoys talking about it, there is no ‘right’ age to start planning for probate, says Steve Gauke, business development director at Ampla Finance. Here’s why the conversation should start today.
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NewsImprovements to MyHMCTS for probate practitioners
HMCTS is making improvements to the online probate service. Users should submit or delete cases by 19 August, to avoid having to create a new application.
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NewsDelays to lasting power of attorney applications
The Office of the Public Guardian has warned of signifcant delays.
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FAQLibrary FAQ: will precedents for the care of pets
The Law Society Library gives sources of will precedents for the care of pets.
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FeatureNo shopping around!
Roman Kubiak and Oliver Rees discuss their recent case in which an Irish executor was ordered to transfer assets from the deceased’s Irish estate to an English executor to settle debts in England and to avoid “forum shopping”.
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FeatureTestamentary capacity and insane delusions
Lesley King discusses how testamentary capacity is tested during contentious probate, and what is meant by ”insane delusions”.
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FeaturePutting it away
David Cummins discusses some important points to consider when planning for your own retirement
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FeatureDouble trouble
The same income may be taxed twice when the UK and other countries are involved – so it is important to understand possible tax relief through double tax agreements, explains Alberto Perez Cedillo
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FeatureRules of engagement
Fiona du Feu talks to practitioners Clare King of Clarion Solicitors and Rachel Roche of Roche Legal about how they have managed the ethical challenges around client care during the pandemic
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FeatureThe estate is not enough
We have all seen wills in which beneficiaries question whether the existence of the transferable nil-rate band changes the amount payable under a nil-rate band legacy. Paul Saunders assesses what happens where the estate is insufficient to satisfy the legacy in any event
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FeatureExit signs
Leaving the EU has had, and continues to have, a significant impact on the legal world. But what is its specific impact in relation to private client legal work, and what changes may still be to come? Angharad Lynn investigates
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FeatureFlexible friends
How useful are pension vehicles for the farming community? Whether using them as a means by which to leverage pension capital or as part of a wider succession planning strategy, a pension arrangement can offer flexible solutions, explains Sarah Astley
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FeatureGold standard
Nikki Millings provides a helpful, common sense guide to meeting the OPG deputy standards and completing the standards checklist
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FeatureHelping hands
Sophie O’Connell reviews the latest edition of the Law Society’s Elderly Client Handbook
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OpinionSpring’s in our step
Kate Mahon shares uplifting stories from her practice and also announces details of July’s virtual annual conference
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FeatureStamp it out
Lesley King unpicks the myriad of stamp duty land tax issues for trustees and beneficiaries
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NewsSurviving the perfect storm: how client funding options will improve your bottom line
With law firms anticipating a drop in income of up to 20%, Jim Sisson, finance director at Tower Street Finance, explains how working with an innovative probate lender that truly understands the sector benefits both your private client practice and your client.