News

In Trust

In Trust – Ask the Expert

I am a farmer owning an agricultural estate worth several million. How will the inheritance tax changes announced in the Autumn Budget affect me and can I do anything to … Read more →

News

Private client partner features for IFA Magazine – Will we see Inheritance Tax abolished?

In this article for IFA Magazine Oliver Embley talks us through some of the issues involved when it comes to decisions on whether or not to change the IHT rules.… Read more →

News

eprivateclient: What might 2023 have in store for the private wealth sector?

Following a turbulent 2022, Partner Matthew Braithwaite and Partner Oliver Embley discuss what they think lies ahead for the private wealth sector in 2023, published in eprivateclient. To read the … Read more →

News

Oxford University Press: Advancing forward—narrowing the divide between powers of advancement and powers of appointment

Oliver Embley explains the differences between powers of advancement and powers of appointment, including how such powers can be exercised to benefit non-objects of a trust. The article discusses the … Read more →

News

Leaders List interview: 60 seconds with Oliver Embley

Citywealth Magazine speaks to Oliver Embley, Partner in the Private Client Disputes team. Please click here to read the full interview.

News

Legal experts comment on today’s Budget: Chancellor proposes to increase overall tax take by stealth

Partners Jenny Cutts and Oliver Embley have been quoted in IFA Magazine, commenting on the Chancellor’s Autumn Budget announcements. Jenny Cutts, comments:“The much-predicated tax hikes did not arrive in the … Read more →

News

Can we reclaim overpaid stamp duty?

Private Client Partner Oliver Embley has answered a reader’s question in the Financial Times concerning overpaid Stamp Duty. A 3% surcharge is applied on the purchase of a second property,… Read more →

News

Profile – Oliver Embley

Congratulations on becoming a partner in April 2021. Q: For a time you were based in the marketing team. How do you think that influenced your approach to client care?I … Read more →

News

Ask Ollie – Do my Digital Assets pass under My Will?

Physical assets (unless used solely for business purposes) such as computers, USB sticks and mobile phones are ‘Personal Possessions’ and will pass under your Will. Intangible digital assets are more … Read more →

News

Digital Assets and Personal Data

We are holding increasingly valuable items online, but the law as to how such items pass on our death is far from clear. Digital assets can include software, downloaded content,… Read more →

News

Oliver Embley provides an overview of tax and family considerations when planning for the succession of a family business in the UK

Senior Associate in the Private Client team, Oliver Embley, writes for STEP Journal Plus on the tax and family issues to consider when planning for the succession of a family … Read more →

Legal Podcast

Episode 18 – Business Asset Disposal Relief

https://wedlakebell.com/content/uploads/Capital-Gains-Tax-Business-Asset-Disposal-Relief-BADR.mp3

Legal Podcast

Episode 16: Business Property Relief

In this podcast, Oliver Embley discusses the basics of the inheritance tax Business Property Relief (BPR). Oliver covers what is BPR, how BPR works, the conditions which apply to BPR,… Read more →

News

DEATH DIVORCE AND TAXES – CERTAINTY BECOMES MORE UNCERTAIN.

There is a wide Capital Gains Tax (“CGT”) exemption for transfers which occur between spouses during the tax year of separation (which runs from 6 April to 5 April). Note … Read more →

Uncategorized

Ask Ollie – Does a legal claim endure after death?

My father was owed £300,000 by a former business colleague and issued a claim in the High Court to recover the debt. Sadly he died before the case could be … Read more →

News

Using personal assets to rescue businesses- Eprivateclient

Due to the current COVID-19 pandemic, businesses have been severely disrupted. Some business owners have been left with no choice but to take out loans to prevent the business potentially … Read more →

News

Three tips to lock in Entrepreneurs’ Relief (whilst you still can!)

It has been widely reported in the financial press that the Chancellor will heavily restrict or even abolish Entrepreneurs’ Relief (‘ER’) in the Budget on 11 March 2020. ER is … Read more →

News

Capital Gains Tax: Private Residence Relief: changes to the ancillary reliefs -Consultation Response: Wedlake Bell LLP

On 1 April 2019, HM Revenue & Customs published its consultation concerning the changes to Capital Gains Tax (CGT) and Private Residence Relief. Briefly, Budget 2018 announced that the final … Read more →

News

Disputing an Inheritance: Claims under the Inheritance (Provision for Family and Dependants) Act 1975

Introduction The freedom to leave your estate to whom you wish is a hallmark of the law of succession in England and Wales. In contrast to most other European countries,… Read more →

News

Ask Ollie – What is a ‘Protective Trust’ and is this something which I should be considering?

Senior Associate Oliver Embley answers all your questions. A protective trust is designed to protect a beneficiary from claims by creditors. Often a beneficiary will have a life interest in … Read more →

News

Ask Ollie – In Trust Winter 2018/2019

My mother and my father made wills around ten years ago leaving everything to the surviving spouse and then equally to me, my brother and my sister on the second … Read more →

News

Oliver Embley has been named as one of eprivateclient’s t Top 35 under 35 2018

2018 eprivateclient Top 35 under 35 – Men Oliver was mentioned in eprivateclient’s article as one of the top 35 under 35 in the mens category. Oliver also feautred in eprivateclient’s … Read more →

Bulletins

Ask Ollie: I was born in the United States when my father was working there…

Senior Associate Oliver Embley answers all your questions I was born in the United States when my father was working there. I gather that this might have tax problems. Could … Read more →

News

Ask Ollie: How Should I Pay My Trust Expenses?

I am a trustee of a trust which owns a property which is rented out. My aunt has the right to receive the income and, on her death, the capital … Read more →

Bulletins

IN TRUST SUMMER 2017: ASK OLLIE

Senior Associate Oliver Embley answers all your questions. My mother was making regular gifts to me before she lost capacity to manage her affairs I am her attorney under a … Read more →

Bulletins

Digital legacies need legal protection say lawyers

Solicitors and legal academics have called for new powers enabling people to decide what happens to their digital legacy when they die, including by making a provision for online data … Read more →

Bulletins

Should I have a trust in my Will?

In this extract from Choice Magazine (www.choicemag.co.uk), Oliver Embley, Senior Associate in the Private Client Team, answers a reader’s question on Will trusts. Should we update our Wills? Q: Back in … Read more →

Bulletins

Spring Budget 2017: Key Points for Private Clients

The Chancellor, Philip Hammond, delivered his first and last Spring Budget to Parliament on 8 March 2017. There were no big personal taxation surprises, fuelling speculation that more significant policy … Read more →

Bulletins

Wills and Succession: Recent Developments

The law and practice concerning Wills, succession and inheritance tax is ever-changing. Over the past year, we have seen the introduction of the European Succession Regulation affecting Will writing for … Read more →