Blog Archives

IRAs and how they work (Part 2)

Posted on September 27, 2022 by Ashley Bukaka

Part 2 of our latest UK/USA podcast. Senior Associate Aidan Grant is joined by Partner John Bull from Blick Rothenberg to discuss Individual Retirement Accounts (IRAs) nd break them down into three areas. They are going to discuss what are …

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IRAs and how they work (Part 1)

Posted on August 26, 2022 by Ashley Bukaka

Senior Associate Aidan Grant is joined by Partner John Bull from Blick Rothenberg to discuss Individual Retirement Accounts (IRAs) nd break them down into three areas. They are going to discuss what are IRAs and why they are so popular …

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Lifetime Giving Handbook

Posted on February 22, 2022 by Molly Jones

We have prepared a handbook to answer the most pressing and common lifetime giving questions and issues including; giving property to the next generation, gifts to vulnerable individuals, how best to fulfil an individual’s philanthropic ambitions, foreign gifts and the …

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Gifts to Disabled and Vulnerable People

Posted on January 24, 2022 by Molly Jones

When making a gift to a disabled or vulnerable person, it is not only important to consider the donor’s position but also that of the recipient of the gift. For example, an ill-considered outright gift to a disabled or vulnerable …

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Can I give my home to my children (and still live in it)?

Posted on November 19, 2021 by Molly Jones

For many people, their home is one of their most valuable assets, if not the most valuable. It is therefore an obvious candidate for lifetime estate planning. The question therefore often comes us as to whether it is possible for …

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US/UK giving

Posted on November 10, 2021 by Molly Jones

Considering the UK tax rules on lifetime gifts can be complex, but having to marry these with the corresponding US rules if the donor and/or recipient are also US taxpayers can make the task yet more difficult. A donor can …

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Gifts and Lasting Powers of Attorney (“LPAs”)

Posted on November 8, 2021 by Molly Jones

Making gifts as an attorney acting under a registered LPA for property and financial affairs is fraught with difficulties and is an area which could give rise to criticism of the attorney and potentially an investigation by the Office of …

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How women can prepare for their greater exposure to IHT

Posted on November 5, 2021 by Molly Jones

Given that women on average live longer than men, it is more likely that women will inherit significant wealth from their spouses and other family members than their male counterparts. As a result, a recent study states that women have …

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Lifetime Giving | Trusts and School Fees

Posted on November 1, 2021 by Molly Jones

Many families contend with paying school fees running into hundreds of thousands of pounds per child over the course of their education. This guide examines some tax efficient arrangements that other family members (typically grandparents) can use to contribute to …

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Normal expenditure out of income

Posted on October 26, 2021 by Molly Jones

Gifts Out of Expenditure Although lifetime giving can be tax-efficient, inheritance tax will arise immediately if the donor makes outright gifts or transfers into trust in excess of their nil rate band (currently £325,000), and will also arise if the …

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