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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.

Call us today on 0131 225 1200
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Essential advice you should know about estate and tax planning

Adam Swayne

“Death is not the end. There remains the litigation over the estate.” Over a century later, Ambrose Bierce’s words still ring true today if you have not taken steps during lifetime to plan for what happens to your estate on death. Without proper estate and tax planning, your loved ones may find themselves embroiled in lengthy and costly litigation, both in monetary terms and family relationships. It is, therefore, essential that you take professional advice to ensure the preservation of your assets, family harmony, and the ability to exert control over the ultimate destination of your estate.

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  524 Hits
524 Hits

Can an Attorney acting under a Power of Attorney change a Will in Scotland?

Adam Swayne

A properly drafted Power of Attorney allows you to make provision in advance for the possibility that, at some stage, you require somebody else to deal with your financial or welfare affairs. However, it is important to understand what powers an attorney has under a Power of Attorney, and their limitations.

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  1152 Hits
1152 Hits

Leaving a Legacy in your Will – the figures rise, but is it something to consider?

Adam Swayne

When there is a charity appeal, there is no doubt that the Scots are generous! The wish to “give back” has grown over the years, and never more so in gifting to charities through a Will. Recent consumer research conducted by Remember a Charity concluded that the number of people deciding to make a charitable donation through a legacy in their Will has increased by 43% in the last 10 years. But how do you go about leaving a legacy in your Will?

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  903 Hits
903 Hits

The Lasting Power of Attorney Bill: What it means for English Powers of Attorney

Adam Swayne

A Power of Attorney allows you to make provision in advance for the possibility of you becoming incapable of managing your own financial and welfare affairs during your lifetime. This becomes increasingly important as the risk of supervening mental incapacity grows through longevity, illness, or accident.

The standard form of Power of Attorney in England and Wales is the Lasting Power of Attorney (LPA). These forms can either be to cover Property and Financial Affairs, or Health and Care Affairs. In practice, these forms can be very difficult to complete as they must be signed and dated in a very specific order and the smallest mistake will result in the application for registration being rejected. It is widely accepted that the procedure can be confusing, inflexible, and bureaucratic.

Since the introduction of LPAs in 2007, the world has changed with the growth of technology and people’s expectations have changed with it. The Government has decided to reform the process of making and registering LPAs in England and Wales to make it safer, easier, and more sustainable.

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  976 Hits
976 Hits

What happens if you do not have a Power of Attorney?

Adam Swayne

Many people go through life without putting a Power of Attorney in place. If you are fortunate to be in a position where you may never require someone to make decisions on your behalf when you become unable to, this may not be a concern. However, if you find yourself in a situation where you can no longer look after your own affairs, the lack of a Power of Attorney can become time consuming and expensive.

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  1408 Hits
1408 Hits

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