David Foster
How do I deal with a nil rate band discretionary trust arising in a Will?
Kevin Barker 19.08.2024 Before 9 October 2007, it was not possible for the nil rate band (NRB) from the first deceased spouse (reference to spouse in this article includes civil partner as defined under the Civil Partnership act 2004) to be transferred to the survivor for use on their later death. If an individual left…
Insolvency , Real Estate and Trusts & Estates in EnglandDavid Foster
silver David is a silver memberPAC David is a committee memberPartner at Moore Barlow LLP
Inheritance tax: The Labour Government’s Autumn Budget of 2024
Richard Burgess 22.10.2024 Inheritance tax is a tax that is charged on someone’s assets on their death. The amount of tax payable depends on any assets held jointly; held on trust; and whether the deceased made substantial gifts within seven years of their death. With George Osborne as Chancellor, the then Conservative government increased the…
- Insolvency , Real Estate and Trusts & Estates in England
David Foster
silver David is a silver memberPAC David is a committee memberPartner at Moore Barlow LLP
How can I save on paying Inheritance Tax?
As private client lawyers, the most frequent question we are asked is ‘how can I save on paying Inheritance Tax?’ Martin Lewis, the money saving expert, recently released a podcast Not the Martin Lewis Podcast – Inheritance Tax and Probate on BBC Sounds where he had three specialists in the field with him and they answered various…
- Insolvency , Real Estate and Trusts & Estates in England
David Foster
silver David is a silver memberPAC David is a committee memberPartner at Moore Barlow LLP
Why Italians with assets in England and Wales need an English Will
Flavia Mongiello For Italians who own assets in England and Wales, having both an English Will and an Italian Will is crucial to ensure their estate in each country is managed and distributed according to their wishes, and to avoid future issues on death. Here are the key reasons: Legal clarity and avoiding conflicts between…
- Insolvency , Real Estate and Trusts & Estates in England
David Foster
silver David is a silver memberPAC David is a committee memberPartner at Moore Barlow LLP
Advance Decisions – what you need to know
Any fans of BBC’s The Split will have seen the appearance of a Private Client lawyer in the last episode of the most recent series (who knew Private Client law was so glamorous?!), brought in to assist a client put in place a document known as an Advance Decision, or Advance Decision to Refuse Treatment (commonly known…
- Insolvency , Real Estate and Trusts & Estates in England
David Foster
silver David is a silver memberPAC David is a committee memberPartner at Moore Barlow LLP
When and how to declare an inheritance to HMRC
Updates to the Inheritance Tax (Delivery of Accounts) (Excepted Estates) (Amendment) Regulations 2020 The Inheritance Tax (Delivery of Accounts) (Excepted Estates) (Amendment) Regulations 2020 came into force in 1 January 2022 and they have changed the way in which the estates of people who died on or after 1 January 2022 need to be reported. …
- Insolvency , Real Estate and Trusts & Estates in England
David Foster
silver David is a silver memberPAC David is a committee memberPartner at Moore Barlow LLP
Member Spotlight – Justice for all: Why ethics are at the core of David Foster’s legal practice
When David Foster first left law school, he was still in two minds about entering the legal profession. He had a few options open to him and, as a Christian, even thought about becoming a pastor. Indeed, his faith has played a big part in his career as a legal advisor, underpinning the ethics he…
- Insolvency , Real Estate and Trusts & Estates in England
David Foster
silver David is a silver memberPAC David is a committee memberPartner at Moore Barlow LLP
David Foster participates in the IR Global Virtual Series – Day of Reckoning: Insolvencies in a post pandemic world
Foreward by Andrew Chilvers When the UK government recently paid Cardiff Airport’s £42.6 million debt and then provided £42.6 million in grants, it was following the same path adopted by governments around the world to try to bring long-term stability to businesses during the pandemic. Emergency measures like these were designed to protect companies during…
- Insolvency , Real Estate and Trusts & Estates in England
David Foster
silver David is a silver memberPAC David is a committee memberPartner at Moore Barlow LLP