Trusts and Estates

When the Residence Nil Rate Band (RNRB) was announced in the Summer Budget, it was made plain that there would be a relief where a homeowner who had sold his home and moved to a less valuable one, or had moved into other accommodation and therefore..

A marked trend in the 21st century has been private individuals purchasing houses and flats, to hold as investments rather than for owner-occupation. It is clear from remarks made by the Chancellor in his Autumn Statement that this is not a trend..

Readers will doubtless recollect the forfeiture rule from their student days, though hopefully they will not have encountered it in practice very often. The forfeiture rule is the old common law rule which says that a person who has unlawfully..

At first sight there did not seem to be a great deal in the Chancellor’s Autumn Statement that directly concerned personal representatives, trustees or Will draftsmen. Certainly there was nothing equivalent to the Residence Nil-Rate Band..