News & Insights
Our team of experts shine a spotlight on new legal developments, share their views on the impact of current affairs, and offer insights on issues that could impact you and your business.
The holders of significant private wealth are under increasing pressure to demonstrate their moral compass.
In terms of public spending, the Budget has been completely overtaken by events arising from the Coronavirus pandemic.
Before the first incarnation of the UK’s Trust Register has fully bedded in, the government now has to implement changes required by the EU’s Fifth Money Laundering Directive (5MLD).
The rules which brought indirect holdings of UK homes of foreign domiciliaries into the inheritance tax net from April 2017 also catch overseas loans made by such individuals to finance UK residential property interests as well as assets.
It has been confirmed that heritage properties usually open to the public in order to secure conditional exemption from inheritance tax should not view closure due to the coronavirus guidance as a breach of undertaking.
On 3 January 2018, EU Directive ‘MIFID II’ will come into force, introducing a new requirement for certain entities (including charities and trusts) to acquire a Legal Entity Identifier (“LEI”) number from the London Stock Exchange (LSE) in order to continue to invest and trade in the UK financial markets from that date onwards.
I am a trustee of an offshore trust settled by a UK resident, non-UK domiciled settlor (with no UK origins) for the benefit of himself and his family.
At the heart of many trust disputes lies a dissatisfied beneficiary who objects to the decision the trustees have either already taken or indicated they are about to take.
Re Buckley (unreported 22 January 2013)
Our experts share their insights & market view on the impact of current affairs.