Thursday, 20 August 2015

Use it or lose it: Government announces early closure of LDF

The UK Government has recently announced that the beneficial terms of the Liechtenstein Disclosure Facility (LDF) will cease on 31 December 2015 (the facility had previously been due to run until April 2016). The LDF is a tax disclosure process through which individuals can bring their tax affairs up to date with HMRC on favourable terms and in particular benefit from reduced penalties and full immunity from criminal prosecution.

Thursday, 6 August 2015

Nearest but not necessarily dearest: disinheriting children post Ilott

The Ilott case has caused a fair degree of furore in the UK press recently.  Testamentary freedom in England is sacrosanct in many English citizens’ minds but has the recent Court of Appeal ruling (Ilott v Mitson [2015] EWCA Civ 797) undermined that freedom?  And if so, how can anyone ensure that their Will is upheld and respected after death?