Conservatives accuse labour of planning £1bn IHT on family farms
The Conservative Party has accused Labour of planning a £1 billion inheritance tax raid on UK family farms, warning it could jeopardise the nation’s food security, as reported by Farmers Weekly. Steve Barclay, the Secretary of State for Environment, Food and Rural Affairs (Defra), claims Labour intends to eliminate inheritance tax relief on farmland to […]
Trust and Estate Practitioner respond to treasury’s consultation on AML
Trust and Estate Practitioner STEP have responded to the HM Treasury’s consultation regarding anti-money laundering(AML) saying a legitimate interest test should apply when applicants seek access to information regarding trusts. The Treasury’s consultation on improving the effectiveness of the UK’s anti-money laundering (AML) regulations have now closed. Themes that included clearer direction on the scope […]
Network to improve professional services for the deaf community launches
A network designed to improve the availability and quality of professional services to the deaf community has launched. Advisers for Deaf Network (ADN) describes itself as a marketing network for professional advisors, including law firms, accountants, and financial advisers committed to providing professional services to the Deaf community. ADN is the brainchild of Culver Law […]
Samir Modi of Godfrey Phillips seeks police protection during escalating inheritance dispute
The executive director of a British tobacco company has sought police protection as he is embroiled in an escalating inheritance dispute with his family. Samir Modi, who heads the Godfrey Phillips tobacco empire which was established in 1844 at Bevis Marks in Aldgate, London, by a cigar manufacturer of the same name, alleges that he ‘felt […]
STEP explains purpose of View an LPA
The UK government published guidance relating to the ‘View an LPA’ service on 10 May 2024. This is a secure online service that allows companies and organisations to check the information contained within lasting powers of attorney (LPA) in England and Wales. Purpose of View an LPA An LPA will usually be verified by someone […]
30% of empty nesters choosing to downsize – analysis
New analysis has revealed that just 30% of empty nesters are deciding to downsize, with a further 8% intending to do so anytime soon, however, of those who have 83% said they were happier for doing so. The survey of over 2,500 empty nesters, commissioned by Regency Living, found that just 30% have chosen to […]
CTT Group are back as Headline Sponsors for the British Wills & Probate Awards 2024
CTT Group are excited to announce that they’re once again going to be the Headline Sponsors for the British Wills and Probate (BWAP) Awards for 2024. CTT is a unique support mechanism for the professional adviser community. They offer comprehensive training for estate planners on the intricacies of Trusts, and advanced aspects of estate planning […]
