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Murray Beith Murray is a leading Scottish private client law firm.

For over 170 years we have specialised in meeting the legal, financial and administrative needs of individuals and families, family trusts, charities and private companies.

Power of Attorney - Young people need them too

Nur2

The current climate demonstrates that you simply never know what is around the corner.  The global pandemic has forced many across the country to re-evaluate their legal and financial affairs, in part because it has shown that young people can become very ill and incapacitated.  The overwhelming majority of younger people with serious COVID-19 symptoms do go on to make a full recovery, however, the illness can cause those affected to be incapacitated for up to six weeks

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HMRC changes Inheritance Tax processes during lockdown

andrew

HMRC has made temporary changes to its Inheritance Tax (IHT) processes to minimise delays to its service during the COVID-19 outbreak. The emergency measures have been implemented to ensure the department’s service can continue as smoothly as possible while the Government’s restrictions remain in place.

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Tax efficient gifting to your loved ones, family, and friends

adam swayne

Coronavirus is having a profound impact on many aspects of our lives. With many people facing difficulties during these extraordinary times, providing financial assistance and support to family and friends is at the forefront of people’s thoughts. However, if careful planning is not carried out beforehand, you may find yourself inadvertently subject to an unwelcome charge to Inheritance Tax in the future.

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Can someone else manage my finances while I’m self-isolating?

carolinepringle

If you are self-isolating or shielding during the coronavirus outbreak, you may be concerned about how you will take care of your financial affairs. There are measures you can put in place to allow someone you trust to handle these matters while you are unable to.  

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Changes to Scottish Succession Law

andrew

As we wrote in our articles of 26 November 2018 and 20 March 2019, the Scottish Government intends to update the rules on what should happen if someone dies intestate (without a Will), in an attempt to fairly reflect a diverse and modern society.

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