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.
Murray Beith Murray Partner, Andrew Paterson writes in The Scotsman today. Read the full article below, republished by kind permission of The Scotsman:
Many people are facing onerous obligations as the executor of the Estate of a loved one. These duties and responsibilities do not cease because of lockdown restrictions, and those acting as executors or trustees of estates or family trusts must understand what they must do, and what can be done at this exceptional time.
HMRC has made temporary changes to its Inheritance Tax (IHT) processes to minimise delays to its service during the COVID-19 outbreak. The emergency measures have been implemented to ensure the department’s service can continue as smoothly as possible while the Government’s restrictions remain in place.
As we wrote in our articles of 26 November 2018 and 20 March 2019, the Scottish Government intends to update the rules on what should happen if someone dies intestate (without a Will), in an attempt to fairly reflect a diverse and modern society.
The death of a loved one is a difficult time, and if you have concerns about the validity of their Will and whether their true intentions will be honoured, this can add to your distress.
