Blog
Rayner my parade! The importance of specialist advice.
Jemma Brimblecombe
George Osborne delivered his eighth Budget as Chancellor yesterday.
Below are some of the key announcements affecting individuals.
The ability to make a Will and make gifts to loved ones is something most of us take for granted. One of the most common reasons for doing these things is to reduce the Inheritance Tax (IHT) payable on our death.
Did I hear you say ‘Secret Court’? Not any more as the Court of Protection will now be ‘Open Court’, or at least it is between 29 January and 31 July 2016 for the duration of a transparency pilot. Over recent years, particularly from certain sections of the media, the Court has received regular criticism over its lack of transparency and the making of important decisions behind closed doors. This is why it has been referred to as a ‘Secret Court’.
A joint tenancy is a fragile thing. That appears to be the upshot of a case in First Tier Tax Tribunal where the judge was very easily persuaded that a joint tenancy had been severed by notice – even though the notice itself had been lost.
Growing up in the 1980s, I remember a favourite book titled something like The World’s Greatest Unsolved Mysteries. It covered about 30 or so cold cases, gloried in pictures and was of course full of question marks. This was the first place I read about the Lord Lucan case. Nearly 30 years have passed since I was a ten year old first reading about this, but only today, on 3 February 2016, over 41 years after the peer vanished, has the law permitted Lord Lucan's son George Bingham to obtain a ‘death’ certificate for him.
Jemma Brimblecombe
Charles Richardson
Oliver Oldman
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