As reported in the national news, two men, both heterosexual, have married in Eire to avoid a colossal charge to inheritance tax in relation to a property. The case may be in the Republic of Ireland but is still of interest. The circumstances have been deemed “perfectly lawful” despite several potentially problematic provisions contained in the Irish Marriage Act 2015. Mr Murphy and best friend Mr O’Sullivan, decided to marry upon discovering that €50,000 would be due in tax on the death of Mr Murphy because of his choice to leave his property to someone other than his spouse by the terms of his Will. The circumstances surrounding this situation however, also turn on the fact that Mr O’Sullivan acted as a carer for Mr Murphy without remuneration.
Within my practical guide used at recent seminars, the first practical point is about staff awareness. The simple fact is that all staff need to be aware of the consequences of the wrongful processing of data.
Now that winter is behind us, the renewed energy of spring provides the perfect opportunity to review your affairs. One point to consider is Lasting Powers of Attorney (LPAs).
Looking to set up a home with your partner but not yet ready to tie the knot? You are not alone. The Office for National Statistics states that there are now around 3.3 million cohabiting couples in the UK . But, contrary to popular opinion, cohabitation does not give you the same rights and privileges as marriage. Here are just a few things you may wish to consider before embarking on the next chapter of your relationship.
HMRC have introduced a new trust registration service (know as ‘TRS’) which replaces their current system of paper registration for trusts and complex estates.
Wansbroughs Solicitors has signed up to integrated practice and case management with SOS Connect from Solicitors Own Software as it targets a new growth phase in 2018. Wansbroughs Solicitors is a full-service regional practice based in central Wiltshire with offices in Devizes and Melksham.