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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.

Call us today on 0131 225 1200
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Leaving cryptocurrency in your Will

adam swayne

Every year, millions of pounds worth of cryptocurrency is lost forever because the owners of the currency failed to put a plan in place to leave it to loved ones. A 2020 study by the Cremation Institute indicated that 89% of cryptocurrency owners were concerned about what would happen to their cryptocurrency when they die. Despite this, many still fail to make a contingency plan to ensure that it can be passed on. In this article, we look at how to effectively pass on cryptocurrency through a Will.

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Coronavirus: How long does it take to buy a residential property in 2021?

andrewstephen

Buying a property is an exciting process, but the coronavirus pandemic has impacted both the process and the timescales for property purchases. Typically, buyers and sellers can still expect to be waiting a few weeks longer than usual to complete as professionals involved in the process catch up on the increase in transactions from earlier this year.

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Setting up a trust for a vulnerable person

andrew

People choose to set up trusts for a wide variety of reasons, but if you have a vulnerable person in your life, we understand that you may wish to protect them and provide for them in some specific way. One such way is to set up a vulnerable person’s trust, which can provide both financial and administrative support. This area of the law can be complicated, but in this article, we aim to provide an overview of why you might want to set up a vulnerable person’s trust, what a vulnerable person’s trust is and the process for setting up such a trust

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Succession for Couples

peter

There are many ways that couples might choose to formalise their relationship, whether that involves cohabitation, getting married or entering a civil partnership. The law in Scotland has recently changed to allow different sex couples to enter into a civil partnership. (See our previous blog, Mixed civil partnership). In light of this development, couples may wish to give some consideration to the differences in the treatment of these approaches in the law of succession.

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Mixed civil partnership

fraser

From 30 June 2021, civil partnerships have been available to all couples in Scotland. This marks a crucial step forward in reaching parity between couples of all gender identities and sexual orientations. Further, for the first time, civil partnerships between couples of different genders formed outside of the UK will be recognised in Scotland.

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