Back to Basics
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
Features
Freedom flight
A recent Supreme Court decision on deprivation of liberty will have far-reaching practical implications and is likely to lead to a very significant increase in the number of applications to the Court of Protection for authorisation, writes Alex Ruck Keene
Seeing red
Tina Riches outlines the changes affecting private clients in the 2014 Budget
In your gift
As Will Aid celebrates its 25-year anniversary, Sue Davison looks at how the scheme helps solicitors to support their community, raise money for charity, and bring in new business
Acting up
A House of Lords select committee has criticised the disappointing lack of awareness of the Mental Capacity Act among healthcare and social care professionals, and has called for a new body to take ownership of it
Swap shop
The Supreme Court’s findings in the long-running Marley v Rawlings case have implications for everything from the scope of clerical error to the likelihood of negligence claims against solicitors, say Charlotte Ford and Thomas Fletcher
Moving on
Howard Hackney looks at the practicalities of succession planning for private client firms, either through selling the firm or bringing in new partners – and what retiring partners need to do to plan their own future
Right of reply
Rachel Rothwell reports on a recent Justice Committee evidence session on the work of the Court of Protection, in which Sir James Munby answered questions on court transparency, moves towards regionalism in the court, and the role of the Official Solicitor
Beyond borders
March this year saw the third Section conference on cross-border and international private client issues. Section committee member Alberto Perez Cedillo reports on our most successful event yet
Channelling assets
Stephanie Setters and Barbara Lovell explain recent developments in inheritance laws on the Channel Island Bailiwick of Guernsey, which will be relevant to clients whose estates include assets in the jurisdiction
Swiss watch
The trend towards tax transparency continues, with a new global standard for the exchange of information between tax authorities, just a year after the end of Swiss banking secrecy. David Searle explains what it means for clients with assets abroad
Trust no one
Filippo Noseda presents a personal perspective on why the EU’s plans on the registration of trusts take the wrong approach, and the significant impact they could have on privacy for EU citizens