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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.

Call us today on 0131 225 1200
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Fraser works in the firm’s asset protection group and specialises in advising individuals and their families on a broad range of private client matters.

Read more about Fraser here.

Lifetime gifts and ‘reservation of benefit’ explained

fraser

When thinking about estate planning, many people wish to give a lifetime gift to family or friends. It can be a rewarding experience to see the beneficiary enjoy the gift during your lifetime. You might be motivated to make the gift because the beneficiary is in need of money (e.g. to help them purchase a property, or to alleviate financial hardship), or for inheritance tax planning reasons. No matter your reason for making a lifetime gift, it is important to be aware of the tax rules that govern how that gift is treated. In this article, we look at lifetime gifts, Potentially Exempt Transfers (PET), and reservation of benefit.

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166 Hits

Estate planning tips for cohabiting couples

fraser

Living together as an unmarried couple has become increasingly popular over the years; however, if you do not arrange your affairs, you could leave your partner in a vulnerable position should anything happen to you.

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  326 Hits
326 Hits

Power of Attorney – Can I delegate tasks or get assistance with my duties?

fraser

If you have been appointed to act as an attorney on behalf of an adult you know, we understand that you may feel daunted by the responsibility this brings. You may be required to make difficult decisions and carry out tasks you are unsure of. However, you do not have to go through this alone, and it is possible to get help and advice to fulfil the role.

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  508 Hits
508 Hits

When does a Power of Attorney come into force?

fraser

A Power of Attorney allows others appointed by you to make decisions on your behalf should you lose the capacity to do so yourself. In this article, we take a look at what it means to lose capacity, when a Power of Attorney is engaged, and what will bring a Power of Attorney to an end.

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  472 Hits
472 Hits

Protecting older people from financial abuse

fraser

Hourglass, the UK charity dedicated to safer ageing, recently warned that coronavirus isolation could lead to an increase in the abuse and neglect of older adults by intensifying existing tensions and removing protections, such as regular contact with people outside of their household or immediate family. Even before the virus hit Scotland, the charity’s data revealed that tolerance of abuse of over-65s was already at a worrying level within the population.

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  538 Hits
538 Hits

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