Blog Archives

Why should families take heed of the Alain Delon inheritance dispute?

Estate planning as a high-net worth individual with family issues can be complicated – even more so when it is played out in the public eye. This rings true in the case of Alain Delon, a 1960s French film star, …

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Should I protect my finances ahead of US and UK elections?

“Are there any steps that we should take now to protect our assets? My wife and I both fall into the highest income tax band, and while this money is mostly earned in the UK, we own property in the …

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The implications of inheritance tax

Conservative MPs, led by former chancellor Nadhim Zahawi and former business secretary Jacob Rees-Mogg, are advocating for the abolition of inheritance tax in the UK. They argue that the freeze on the inheritance tax threshold, which has been fixed at …

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Jury rules document found in Aretha Franklin’s couch is valid will

In Michigan, USA, a two-day hearing in relation to Aretha Franklin’s disputed estate came to an end on Tuesday.  The case serves as a timely reminder to ensure proper drafting and due execution of an individual’s Will, regardless of the …

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Can we avoid delays in setting up powers of attorney?

The Financial Times reader seeks advice regarding their mother, who is in her mid-eighties and suffering from dementia. They, along with their two siblings, want to obtain lasting powers of attorney while their mother is still capable of consenting. The …

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Lasting Power of Attorney delays and potential solutions

Due to increased demand during the pandemic, the Office of the Public Guardian (OPG) is experiencing a significant backlog in processing Lasting Powers of Attorney (LPAs) applications. The current estimated processing time is around 20 weeks, far exceeding the target …

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Planning with crypto assets

It is increasingly important for individuals to understand how crypto assets are taxed, both in life and on death, and ensure the consideration of crypto assets in succession planning.

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How will the Autumn Statement impact inheritance tax

The Chancellor’s announcement today that inheritance tax nil rate bands are to remain frozen until April 2028 means many who have that aspiration will have to contribute more, so that in that catchy phrase of Mr Hunt: we do not …

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Where there’s a Will, there’s a way (Part 2)

Senior Associate Aidan Grant and Partner Chris McLemore from McLemore Konschnik LLP return to continue their discussion on UK/US will planning. Run time: 35 minutes

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Where there’s a Will, there’s a way (Part 1)

Senior Associate Aidan Grant is joined by Partner Chris McLemore from McLemore Konschnik LLP to discuss UK/US will planning. Run time: 22 minutes

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