Murray Beith Murray LLP is a leading Scottish private client law firm.
For 175 years we have specialised in meeting the legal, financial and administrative needs of individuals and families, family trusts, charities and private companies.
Now six months into lockdown, we still do not know when everything may go back to “normal”. The restrictions in place have had an impact on us all, and one of the key issues is the increased isolation that we have all experienced to some degree. With the current Covid-19 cases on the rise again and winter fast approaching, it is expected that restrictions will remain in place for some time.
The COVID-19 pandemic has focussed thoughts on the possibility that either you or a family member might end up in hospital. It is possible to plan ahead for such an unfortunate event and record your decisions regarding medical treatment you would wish to refuse in certain situations in a document called an Advance Medical Directive (also known as a Living Will). Whereas most people are aware of the importance of putting in place a Will and a Power of Attorney, Advance Medical Directives are less well-known and can often be an invaluable document for your loved ones at a difficult time.
There are many circumstances in which you may wish or need to update your Will. However, drafting an entirely new Will is not always necessary. In this post, we look at the different circumstances where you may need to redraft your Will or add a supplementary document to amend your Will, known as a ‘codicil’.
Family businesses face the same challenges as every other business. However, they have the added complication of involving highly personal relationships. When conflicts arise, there is much at stake and commercial decisions can be influenced by the way people feel, unresolved family tensions, or things that may have happened in the past. As a result, it is not only the matter at hand that needs to be effectively managed but the people involved in the running of the business too.
Murray Beith Murray Partner, Bill Meldrum writes in The Scotsman today about five key principles that should focus landlords’ minds around how they interact with commercial tenants.
