Should executors receive remuneration?
A wise man once said there is no such thing as a selfless act, and in no instance is that truer than for a person acting as executor of an estate. When drafting Wills, we
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What Is a Grant Ad Colligenda Bona and When Is It Used?
Many people will be familiar with Grants of Probate and Letters of Administration, but fewer may be aware that there are also several categories of “limited Grants”. A limited Grant is as it says on
Spring Budget 2024: Headline Changes
In the government’s most recent budget, they announced a major overhaul to the current non-domicile regime, which offers favourable tax treatment to foreign nationals living in the UK. The idea behind the regime is to
Spring Budget 2024 – Tax Takeaways
Takeaway 1: Abolition of Multiple Dwellings Relief The government has announced that from 1 June 2024, stamp duty land tax Multiple Dwelling Relief (“MDR”) will be abolished. What is MDR? MDR has been available to
The Impact of a Predatory Marriage
The Contentious Probate Team at Druces recently successfully represented the son of an elderly man, who died following a predatory marriage to his carer, in a contested estate dispute with the spouse. Our client and
Inheritance Tax: Scrap or Reform?
Rishi Sunak has intimated in recent weeks that he may scrap inheritance tax in its entirety. By no means the only divisive policy change he has presented at this week’s Conservative Party Conference, but certainly
