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From garage to unicorn – Employment law lessons for scaling tech teams
Catherine Bourne
The UK government has confirmed that the amount a surviving spouse or civil partner is entitled to receive in England and Wales where a person dies intestate (without a valid will) leaving children will be increased. The statutory legacy will be increased by £20,000 from £250,000 to £270,000. The changes will come into force on 6 February 2020.
The will trust is enjoying a renaissance. The decision by increasing numbers of people to leave their estates by will in trust, rather than outright, is not the product of any tax changes; contrary to popular belief, tax considerations are rarely the main driver for setting up a trust.
Serious difficulties can arise where a sole shareholder dies who is also the sole director of a company.
The recent decision of the Court of Appeal (CA) in Alice Kahrmann (as administrator of the estate of Rainer Christuab Kahrmann) v Hilary Harrison-Morgan (2019) may on the face of it appear to be a textbook dispute between a daughter and step-mother but it teaches us more than meets the eye, particularly in respect of the power of a constructive trust.
In most cases, after the death of a loved one, family members and those close to the deceased come together to agree a fitting and respectful ‘send-off’ for the deceased, whether that involves a funeral, burial, cremation, memorial service or any other way of saying ‘goodbye’.
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