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Organ Donation (Deemed Consent) Bill – Organ Donation Rules are Changing in England

Organ Donation

The Organ Donation (Deemed Consent) Bill has passed its final hurdle in Parliament and is now waiting for a date to receive Royal Assent. Due to this, this is now a good time to remind you what the current opt-in rules for organ donation are, and what the new opt-out rules will be. There currently … Read moreOrgan Donation (Deemed Consent) Bill – Organ Donation Rules are Changing in England

RNRB Downsizing Provisions

RNRB

When introducing the Residential Nil Rate Band (RNRB), the government did not want to either disincentivise downsizing or worsen the position of those who do downsize. Provisions were therefore designed to ensure that a person who and downsizes is not worsened by this decision. The downsizing provisions are simple in brief but impenetrable in detail. … Read moreRNRB Downsizing Provisions

Letters of Wishes—What WillPack can do for you

Letters of Wishes - What WillPack can do for you

A letter of wishes is simply a non-binding letter, stored with the will, that states certain desires of the client. They have a variety of different uses. This article is intended to show what clients could be doing with letters of wishes, and how WillPack can assist with this. Letters of Wishes for Trusts Letters … Read moreLetters of Wishes—What WillPack can do for you

1975 Act Special Guidelines

1975 Act Special Guidelines

As well as the general guidelines under S3(1) Inheritance (Provision for Family and Dependants) Act 1975 (the 1975 Act) in last week’s article that the courts must consider in all cases, S3(2)-(4) cover special guidelines that the courts must consider for each different class of applicants under the 1975 Act. Spouses/Civil Partners (including judicially separated … Read more1975 Act Special Guidelines

Office of Tax Simplification Inheritance Tax Review – First Report

IHT, Inheritance, Tax, people, paper, table, pen, desk, suit, adults, review, willpack, logo, blue, text

Last year, the Office of Tax Simplification (OTS) was asked by the Chancellor of the Exchequer to conduct a review into Inheritance Tax (IHT). Their call for evidence received a record amount of responses from both professionals and members of the public. The OTS’s findings are being published in two reports. The first report, covering … Read moreOffice of Tax Simplification Inheritance Tax Review – First Report

Finding the ‘pur’fect solution for pets

Finding the 'pur'fect solution for pets

In the lead up to Christmas, we are reminded of the famous Dogs Trust slogan that ‘a Dog is for life, not just for Christmas’. A pet’s life may of course last longer than its owner, particularly if they own animals with long lifespans such as certain types of parrot. It is important therefore that … Read moreFinding the ‘pur’fect solution for pets

Business Property Relief (Continued)

Why use a Business Property Relief Discretionary Trust?

Following on from the article last week, this article will cover the remaining conditions that must be met for a business to qualify for business property relief (BPR). Please note that the following should only be intended as a brief introduction to BPR. BPR is a complex area with several pitfalls. When it comes to … Read moreBusiness Property Relief (Continued)