The law governing Wills in England and Wales is almost 200 years old. It is therefore unsurprising that the Law Commission has been consulting on proposed reforms. Its Wills project (paused in 2019) was picked up again in 2022, with
More about Time for change: Modernising the UK law on willsVictoria’s practice includes all aspects of private client work. She has expertise in Court of Protection and elderly client work to include advising on applications to the Court regarding deputyship appointments, mental capacity issues, powers of attorney and protection of
More about Profile: Victoria MahonThe Building Safety Act 2022 (“BSA”) was introduced following the Grenfell Tower fire in 2017 and imposes new legal obligations on landlords of affected buildings to make those buildings safe. This includes replacing dangerous cladding and fixing historical safety defects.
More about The Building Safety Act: Impact on executors, trustees and attorneysAlongside the shine and sparkle of the festive season – with its flurry of activity spilling beyond crowded shopping malls and into living rooms (and offices) warmly lit by the glow of Christmas decorations – there is another kind of
More about The register of overseas entities: The update season?The favourable remittance basis of taxation available to those who are classified as non-domiciled but resident in the UK can trace its roots back to the late 18th century and the desire to shelter overseas assets from wartime taxes. Jump forward
More about Should I stay or should I go? (The Clash 1981)Caveat Emptor translated from Latin means “let the buyer beware”, the saying typically afforded to buyers of residential property in the UK on the basis that they buy at their own risk, with potential buyers warned at the outset to
More about (US) buyer bewareQuick read Although certain types of cryptoasset are unregulated in the UK currently, regulation in this area is not straightforward and the regulatory landscape is evolving towards full regulation. New legislation and FCA rules from 8 October 2023 will introduce
More about New UK cryptoasset marketing rules will have major implications for promoters and investorsA round-up of legal updates for the Wills and probate industry over the past month is as follows. Estate administration – change to the legal definition of “treasure” The government has announced that the legal definition of “treasure” in the
More about Wills and Probate Monthly Update – March 2023The Economic Crime (Transparency and Enforcement) Act 2022 (“ECA”) introduced a register of overseas entities (“ROE”) and was passed on 15 March 2022 after a fast-tracked legislative process following events in Ukraine. Affected overseas entities and their advisers will need
More about The register of overseas entities and the verification conundrumThe UK’s Trust Register legislation[1] (“the AML Regulations“) came into force on 26 June 2017 and established a central UK Trust Register, maintained by HM Revenue & Customs (“HMRC“). The Trust Register is not publicly searchable but it is available
More about The UK Trust Register: A moving feast