Thank you and happy holidays
Thank you to all our Today’s Wills and Probate readers, subscribers and contributors for your support in 2024. It has been another busy year in the wills and probate and wider private client and estate planning world with too many stories to mention. We look forward to continuing to bring you the very latest news, […]
Succession lessons from Murdoch Case
Law firm Holmes Mackillop says that Rupert Murdoch’s failed attempt to give his eldest son control of his media empire brings into sharp focus questions of succession (and of power and control) that arise in any business, not just family businesses. The court case saw the 93-year-old media mogul reportedly blocked in his bid to […]
Thinking of gifting wealth during your lifetime this Christmas season? There are some things you should keep in mind
The UK is in the midst of a historic shift in wealth. If the current predictions come to pass, around £5.5 trillion will be passed down from one generation to the next by 2050. With this unprecedented transfer of wealth, the government will acquire record receipts of Inheritance Tax (IHT). For those unfamiliar with IHT, […]