Trusts and Estates

In his Budget speech the Chancellor reduced the Capital Gains Tax (CGT) rate from 28% to 20%, except for residential property. However, since 2008 there has been a CGT relief under which the rate of CGT has been reduced to 10%. This is the..

From time to time, a disappointed beneficiary may challenge the validity of a Will, by alleging that the testator lacks capacity to make a Will, that the testator did not know or approve the contents of the disputed Will, or even perhaps that the..

The result of the EU Referendum, in which voters decided that the UK should leave the European Union, is clearly the start of a process which will continue for some time. It may enable English trust law to develop in ways which would increasingly..

One of the most basic Inheritance Tax (IHT) mitigation strategies is to make a Potentially Exempt Transfer (PET) and to survive for seven years. It is generally well understood that if there is a reservation of benefit, the seven-year survival..