Trusts and Estates

In “From the Courts”, on p. 6, there is a note of the Court of Appeal decision in Ham v Ham and Another [2013] EWCA Civ 1301. This was a decision on the price to be paid to an outgoing partner by the continuing partners, in respect of..

English law famously gives testators more or less complete freedom to dispose of their property in any way in which they think fit. Legally, the English testator is free to cut off family members with the proverbial shilling, or not mention them at..

The exemption from CGT, for the taxpayer’s only or “main residence” is probably the most important tax relief there is for the majority of individual taxpayers. This exemption is available to trustees, in respect of a dwelling..

IHT Business Property Relief is available at the rate of 100% for the value of property consisting of a “business or an interest in a business” (ss104(1)(a) and 105(1)(a) IHT Act 1984). Where the deceased, or other transferor, was..