Charities Lose Millions To Fraud
A UK national fraud reporting centre reveals a breath-taking figure of almost £8m lost by charities to fraud. The staggering figures were exposed after Accountancy firm RSM retrieved the data following a freedom of information request to Action Fraud. Broken down, UK charities had submitted 1,057 reports of fraud which totalled £7.85m in the year […]
Additional Income Used To Issue Gifts On Behalf Of Protected Person
Following a recent case, deputies and attorneys representing donor’s in irreversible comas may have increased powers to offer gifts from the estate. What happens if a person unexpectedly loses capacity without making a clear estate plan? Should the deputy, attorney and executor wait until death and accept the full inheritance tax obligation? Or, do they […]