Inheritance tax planning and lasting powers of attorney
News
A property and finance lasting power of attorney (LPA) confers extensive powers on the attorney to deal with the financial affairs of the person granting the LPA (the donor).
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In this article we look at how to carry out inheritance tax (IHT) planning in a way that is timely and does not lead to an unwelcome amount of immediate financial detriment.
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Specialist Personal and Serious Injury lawyers at Clarke Willmott have long been members and supporters of the Association of Personal Injury Lawyers, and are getting behind “Injury Prevention Week” from 27th June to 1st July 2022
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Intestacy rules change but co-habiting partners still lose out
Insights
The position of both co-habitants and surviving spouses can be protected, and unplanned for inheritance tax bills avoided, by drawing up a Will rather than relying on “the one size fits all” provisions laid down by the intestacy rules.
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Is that ‘off the record’? How effective are “Without Prejudice” Letters
News
The recent case of Meaker v Cyxtera Technology UK Ltd, has shown how a dismissal can be effective, even if it is communicated via a “without prejudice” letter.
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Is the land a partnership asset? The all-too common question explored
Insights
Without clear documentation, it can be difficult to ascertain how the land is held as in both scenarios the partnership is likely to be permitted to use the land.
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Frustration will only apply if your contract does not already deal with such unforeseen events (force majeure) and only if the unforeseen event is not caused by either party’s conduct.
Jamie offers non-contentious construction and engineering advice to a wide range of clients including developers, funds and other institutional investors, occupiers and high net worth individuals.
