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.
Peter Shand 
, Murray Beith Murray Partner and experienced family business lawyer, speaks in Vision Scotland business magazine, enclosed with The Scotsman, today (19 September 2019).
Read the full article below:
Murray Beith Murray Senior Solicitor, Alastair Marshall, writes in The Scotsman today (Monday 2 September). Read the full article below:
With the Inheritance Tax (IHT) nil rate band having remained at £325,000 since 2009, more people than ever are having IHT charged on their estates on their death. Over £5.37 billion of IHT was paid to HMRC in the last tax year. This is almost double the amount that was collected ten years ago. With careful planning, it may be possible to reduce your future potential IHT liability significantly. Here are our five top tips for reducing your liability:
While retirement can be an exciting time, with the opportunity to make travel plans and enjoy life without the stress of work, it is important to consider how residential care fees might impact on your estate in later life.
Arts Council England recently announced that three artworks by Peter Lanyon, a figurehead of post-war British painting, were acquired for the nation as part of the acceptance in lieu scheme, nearly settling the £900,000 Inheritance Tax due on Lanyon’s widow’s estate. Acceptance in lieu is rarely used and may not necessarily spring to mind when planning to pay Inheritance Tax, however, as this case shows it may be worth considering.
