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.
Owning and running a family business can be a rewarding experience, but it also comes with its own unique set of issues and challenges.
If you are in retirement, you will probably have given a passing thought to the possibility that, one day, you may require residential care. You might even have spoken to a professional advisor, whilst updating your will, or planning your future finances.
Text messages, ‘whatsapps’ and ‘iMessages’. We all send them, sometimes flippantly, without a second thought as to the consequences.
Family-owned businesses are often referred to as the ‘backbone’ or ‘bedrock’ of the economy – descriptions that are fully deserved when the true scale of their economic contributions are considered.
We have been living in the “digital age” since the 1970s but, with the law on Wills predating this era -The Succession (Scotland) Act 1964, in Scotland, and The Wills Act 1837, in England - it’s fair to say that the rules for creating a Will are more than a little behind the times. With many aspects of our lives now conveniently managed using technology, there is no doubt that we increasingly expect to be able to do so. However, while technology is widely used to prepare hard copy Wills, there is, as yet, no recognition of electronically executed or stored Wills. With The Law Commission of England and Wales currently consulting on the introduction of Electronic Wills, it may not be long until Will writing catches up with the times.
