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.
A significant amount of charities’ income is made up of gifts left in Wills. Leaving a gift in your Will to a charity that you support could help them conduct vital research, or support society’s most vulnerable people. Without the support of gifts in Wills, many charities would fail to survive.
The COVID-19 pandemic has focussed thoughts on the possibility that either you or a family member might end up in hospital. It is possible to plan ahead for such an unfortunate event and record your decisions regarding medical treatment you would wish to refuse in certain situations in a document called an Advance Medical Directive (also known as a Living Will). Whereas most people are aware of the importance of putting in place a Will and a Power of Attorney, Advance Medical Directives are less well-known and can often be an invaluable document for your loved ones at a difficult time.
There are many circumstances in which you may wish or need to update your Will. However, drafting an entirely new Will is not always necessary. In this post, we look at the different circumstances where you may need to redraft your Will or add a supplementary document to amend your Will, known as a ‘codicil’.
Coronavirus is having a profound impact on many aspects of our lives. With many people facing difficulties during these extraordinary times, providing financial assistance and support to family and friends is at the forefront of people’s thoughts. However, if careful planning is not carried out beforehand, you may find yourself inadvertently subject to an unwelcome charge to Inheritance Tax in the future.
As we approach the end of 2019, one of our recently qualified solicitors, Adam Swayne, reflects back at the conclusion of his 2-year traineeship with Murray Beith Murray, and recommends the firm to anyone considering a legal career.
