The Residence Nil Rate Band (RNRB) has now been in force for a year and applies to estates where the deceased died on or after 6 April 2017. Where the deceased owned or, in some cases, had an interest in, a residence the RNRB makes available an additional tax free amount if the residence is inherited by someone closely related to the deceased.
Thomson Snell & Passmore has responded to the Law Commission’s consultation on the law of wills.
Giving away shares in the family company
Q: I have recently separated from my long term partner, we were not married. Am I able to make a financial claim against them?
The pension landscape has changed dramatically following the changes to the rules on 6 April 2015. An element of freedom, a word not often associated with pension arrangements, has been granted by these changes. Pension owners now have real options as to how their pension benefits should be passed on following their death.
Solicitor, Stuart Price from our Private Client department speaks to Wealth Briefing about the preparation and challenges to a will. He also discusses some factors that should be taken into account before drafting a will.
This article will focus on the position of the resident “non-dom” and the extension of deemed-domicile status but we will first take a look at what these terms mean and the current position.
Thomson Snell & Passmore give MexxaMixx's company directors advice on what they should do with their lump sums from a tax and estate planning perspective after they agreee to sell the entire issued share capital of MexxaMixx to a mjor competitor.
We are pleased to announce that we have again been awarded the accolade of eprivateclient’s Top 25 Private Client Law Firms for 2015.
We are delighted that Partners Simon Brown and Gilbert Green have been selected by their peers for inclusion in the forth edition of Best Lawyers in the United Kingdom ®.