News
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
Citywealth Magazine speaks to Oliver Embley, Partner in the Private Client Disputes team. Please click here to read the full interview.
News
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 →
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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 →
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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 →
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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
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 →
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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 →
In this episode, senior associate Oliver Embley in the Private Client team discusses Business Asset Disposal Relief, a tax relief that is available to those who own interests in trading… Read more →
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
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
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 →
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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 →
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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 →
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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 →
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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 →
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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
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 →
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
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
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
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
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
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
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
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 →