1322 Search results for “services__Wills, trusts, probate and estates”
Lasting powers of attorney for business owners
Insights
Everyone should consider how their financial affairs will be dealt with in the event of their incapacity, and, as everyone has been reminded over the past year, old age is not the only cause of incapacity; accidents and devastating illness are also possibilities that should be borne in mind.
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Capital gains tax rules are changing to make it easier for divorcing couples to divide their assets after separating without incurring a tax charge. The two taxes most affected by divorce are inheritance tax and capital gains tax.
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COVID-19: Severe restrictions placed on corporate insolvency
News
The Corporate Insolvency and Governance Bill has now been published and, if enacted in its present form, it is clear that the proposed restrictions will be wide reaching and will have a great impact on many creditors and debtors.
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What is Business Property Relief and how might it benefit your estate? Call 0800 652 8025 for a free initial consultation and IHT advice. Award winning national firm in Birmingham, Bristol, Cardiff, London, Manchester, Southampton & Taunton.
Welcome news for some as the statutory legacy has increased. Whilst inheritance tax allowances remain frozen for the foreseeable future, since 26 July 2023 the statutory legacy payable on intestacy to a deceased person’s spouse or civil partner has increased.
If you instructed Challinors or one of its related practices in relation to your Will or Power of Attorney, we can help you understand your next steps.
Coronavirus and force majeure clauses in construction standard form contracts
News
It seems highly probable that the coronavirus pandemic itself will be found to constitute a force majeure. This will only be applicable if the contract was entered before the coronavirus outbreak. Alternatively, contracts will be “frustrated”. This means they literally cannot be performed.
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