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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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How to value a loved one’s estate

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If you have been appointed as an executor of a loved one’s estate, one of the most important responsibilities you have is to obtain a valuation of the estate. The process of valuing a loved one’s assets can be challenging and confusing. In this article, we set out some of the things you must be aware of when obtaining a valuation of a deceased’s assets in Scotland.

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How long does it take to wind up an estate?

andrew

If a loved one has passed away, you may be wondering how long it might take to wind up the estate. However, there is no simple answer to this question. The length of time it might take to wind up an estate will depend on many factors, but you can expect the process to take at least six months.

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Can my Executor also be a Beneficiary of my Will?

andrew

A crucial part of the estate planning process is choosing your executor and, for many, this will typically be a loved one such as your spouse or children. However, this raises the question as to whether they can also be named as a beneficiary or if this could cause them to be disinherited from your Will.

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Entrepreneurs’ Relief now Business Asset Disposal Relief

laura

There has been much speculation around the possibility of abolishing Entrepreneurs’ Relief. However, the Government has decided to retain the relief with the purpose of encouraging genuine entrepreneurial risk-taking. One change that the Government did make is that from 2020/2021, Entrepreneurs’ Relief has been renamed as Business Asset Disposal Relief.

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The Scotsman: Family Business – taking a leaf out of Liverpool manager Jurgen Klopp’s book

Peter Shand family business lawyer

Murray Beith Murray Partner, Peter Shand, writes in The Scotsman today about the rising trend of the super-wealthy in setting up finance and legal offices to deal with their affairs.

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Call us today 0131 225 1200 or get in touch with us via our online enquiry form