Monthly Archive: March 2020

Covid 19, Wills & Tax Planning

Covid 19, Wills & Tax Planning   Ian Bond TEP, chair of the Law Society’s wills and equity committee, recently stated to the Daily Telegraph that levels of requests for will drafting are now up 30 per cent. That corresponds to what I…
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Inheritance Tax and the 2020 Budget

After several months of noise regarding changes to inheritance tax Rishi Sunak’s budget avoided even tentative adjustments to the tax altogether. Headline predictions included a reduction of the rate from 40% to 10%, removal of lifetime gifting allowances, and the…
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Trust Registration Obligations: Update Early March 2020

  “The immanent extension of the online UK Trust Registration Service (TRS) to cover express trusts without any tax consequences, under the EU Fifth Anti-Money Laundering Directive (5AMLD), is likely to extend the number of registrable trusts from around 200,000…
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