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.
With less than a month until the end of the 2018/19 tax year the annual rush of frantic tax planning is well underway for many individuals. One of the lesser known, but highly advantageous, tax reliefs available to individual taxpayers comes in the form of Share Aid.
According to David Thorpe of the FT Advisor, it seems a lot of people are missing out on an important tax break when it comes to inheriting a deceased spouse’s Isa accounts:-
When a family member or friend is temporarily short of money, your instinct might be to step in and lend them the funds they need. In many cases, the amount of cash involved will not be significant to you, and as a result would not warrant committing the arrangement to writing.
Appointing Executors under a Will is not always a simple task. Often, people find themselves pre-empting the merging personalities of those to whom they are considering giving the important role. “Will they get on?” “Will they understand my true intentions?” Questions posed raise food for thought.
Murray Beith Murray Partner, Andrew Paterson, writes in The Scotsman today (Monday 21 January). Read the full article below:
