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.
Murray Beith Murray Partner, Peter Shand, has written the article below for The Scotsman today (Monday 13 May), which includes a quote from family business specialist Mairi Mickel, Consultant and Founder of Mairi Mickel’s Business Families:
While many people appreciate the importance of putting in place a Will, many of those who decide to take this step are unaware that the rules governing inheritance are different between Scotland and England. When putting a Will in place, it is therefore necessary to consider whether a Scottish or an English Will is appropriate. This decision can have a significant impact when distributing your estate at a later date.
The Scottish Land Commission (the “Commission”) published a report on 20 March 2019 on the impact of the concentration of land ownership in Scotland with recommendations to the Scottish Ministers.
If you or your business acquired rural or commercial land more than 20 years ago, it is most likely recorded in the General Register of Sasines rather than registered under the land registration regime.
A market leading online Will writing service announced earlier this year that they aim to secure a 10 per cent market share of all the Wills written in Scotland by the end of 2019.
