News & Insights

With Smith v Ganning offering a reminder of the importance of executing a will properly, in Today’s Wills and Probate, Geoffrey Todd reinforces the perils of “DIY” wills.

Volatility in the markets is nothing new, but in recent months we have seen turmoil, not just for equities but also, less usually, for gilts.  In Taxation magazine, Private Wealth Partner, Geoffrey Todd sets out how at such times, it is useful to be reminded that our inheritance tax (IHT) rules allow relief in cases where asset values were higher at the date of someone’s death than when their personal representatives come to sell them.

In the Financial Times, Private Wealth Partner, Geoffrey Todd considers the fluctuations in the value of your cryptoassets and whether investors who have made significant losses should claim tax relief.

In the Daily Express, Private Wealth Partner, Geoffrey Todd highlights how hundreds of people are being unnecessarily caught out each year when passing assets along to the next generation, as the complexity of the Inheritance Tax regime means it’s very easy to make mistakes.

In a recent article in The Sunday Times, Partners Geoffrey Todd & Kyra Motley reflect on research showing growing inheritance tax bills by region and highlight how this trends is expected to continue over the next five years, as the Government has announced that the IHT allowance will remain at the current level until 2026.

Private Wealth Partner, Geoffrey Todd comments on how the the number of Lasting Powers of Attorney (LPA) registered dropped 23% in the past year from 909,000 in 2019/20 to 695,000 in 2020/21.

While the perception of the pitfalls of US/UK tax planning has improved since this article was first written in 2011, there remains…

Surrey is the UK’s Inheritance Tax capital, with the county’s residents paying £259m in IHT in 2017/18*

Elderly people who have moved back into a property during lockdown that they have previously gifted to family members…