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Private Client Law Blog

12 June 2023

Part 3: Succession to a landed estate - minimising tax

One of the biggest risks to the future of a landed estate is tax and specifically the inability to meet a liability without recourse to a sale of core estate assets. Taken to an extreme, unplanned tax charges can result in an estate having to be sold off or broken up to meet the liability. 

Charles Richardson

12 June 2023

Part 2: Succession to a landed estate - the essential, universal starting point

Certainty of succession – Wills and lasting powers of attorney

It almost goes without saying that the owner of a landed estate will have made a Will to direct that the estate passes in accordance with their wishes on death. They will also have put in place lasting powers of attorney so that if they lose mental capacity, there is flexibility for others to effect these wishes. Wills and LPAs are crucial documents and widely discussed elsewhere. Everyone should have a Will even if the estate itself passes by some other means, e.g. under the terms of an ongoing trust.

Charles Richardson

12 June 2023

Part 1: Succession to a landed estate - setting the scene for solutions

At Kingsley Napley, succession planning is at the heart of our private client team’s work and that includes succession planning for the owners of landed estates. I was asked to speak on this subject recently at the second edition of the Thought Leaders 4 Landed Estates & Farms Tax Conference, which was attended by some of the country’s leading advisers to landed estates.  I was asked to set the scene for solutions to landed estates succession and in this series of blogs I now want to share some of my thoughts on this topic, focusing on general, practical strategies to manage this successfully.

Charles Richardson

12 June 2023

UAE Wills for expats

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.

Stephanie Mooney

19 May 2023

Navigating divorce when capacity is impaired: insights for brain injury and dementia cases

This  week (15-19 May 2023) is National Brain Injury Awareness and Dementia Awareness week. My colleagues have previously written about the treatment of personal injury awards in financial settlements upon divorce. This article looks at the practicalities of family law court proceedings: how does someone participate in the legal process if they have a brain injury or other condition that means that they can’t understand the process or the decisions that need to be made? Here are some common questions. 

Simon Hardy

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