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2025 in review: Under construction - Tax investigations
Krishna Mahajan
An executor’s legal duty is to distribute the estate according to the terms of the will. This sounds straightforward, but what happens if one of the beneficiaries is unknown or missing?
Two out of five business owners in the UK are planning to sell, wind up, or crystallize assets within the next year. According to a recent poll conducted by Censuswide, 40% of the 504 surveyed business owners with revenue exceeding £5 million expressed their intention to exit within the next year. Additionally, 23% of UK business owners have expedited their plans to sell or wind down their businesses in the past 12 months.
The Dubai International Finance Centre Wills Service Centre was established in 2015 to enable non-Muslims to register an English-form Will to deal with assets located in Dubai on their death and avoid the application of Sharia law.
A large part of my career as a Private Client lawyer is properly advising on the need to have a considered and effective Will. But for some of us, would dying without a Will really be a complete disaster for our assets and our family – or would things work out okay?
On the death of a person known to have made a Will, it’s pretty rare that the Will can’t be found.
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