Trusts and Estates

In the July issue of Trusts & Estates, there was a discussion of the doctrine of mutual Wills, following the release of the Law Commission’s Consultation on “Making a Will”. The Law Commission has recommended the doctrine under..

At first sight, it seems that the legislation governing IHT Business Property Relief is widely and generously worded. The relief is available for any type of business, other than those excluded by s105 (3) IHT Act 1984. Notoriously, this excludes..

In ‘From the Courts’, on p. 4 there is a note of the decision in Legg v Burton [2017] EWHC 2088 Ch. This was a case which concerned Wills made by a husband and a wife. They were “Mirror Wills” under which each left their..

Hard on the heels of Ross v HMRC, in which the taxpayers were refused Business Property Relief, there has been another case before the First-Tier Tribunal, with a more satisfactory outcome for taxpayers. This latest Business Property Relief case..