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.
The legal systems of Scotland and England have their own traditions and interpretations. The result of this is often that each legal system has a different approach when it comes to dealing with issues that are common between them, such as how to administer the estate of someone who has died.
On 23 March 2021, the UK saw its first 'Tax Day'. While taxation reforms would usually be announced with the Budget at the beginning of March, this year saw tax reforms given their own day in order for documents and consultations to be properly scrutinised and not get lost among the large number of announcements made with the Budget. Here, we look at the key points from 'Tax Day' 2021.
Your executor is responsible for carrying out the instructions left in your Will to distribute your estate. Being an executor is no easy task, and failure to carry out the role properly can have serious legal consequences. Therefore, it is important to choose the right person (or people) to fulfil the role. In this post, we look at some of the things you should consider when deciding who will be your executor.
‘Tax Day’ is now just over a week away.
Running a family business can be all-consuming, but taking time out to plan for the future is important, and doing this properly is the key to successful succession planning.
