Planning ahead for death or incapacity

Planning ahead for death or incapacity

Thinking about the care and medical treatment that you would like to receive at the end of your life (or if you lose capacity) is no easy task. It is even more difficult when you are fit, healthy and busy. But that is exactly when you should plan ahead.
Towards a radical overhaul of UK inheritance tax?

Towards a radical overhaul of UK inheritance tax?

Death and taxes may be the only certainties in this world, but exactly how tax is raised on death and on lifetime gifts is subject to tinkering and political debate. A new cross-party parliamentary report proposes radical changes to completely change, rather than just tinker around the edges, how inheritance tax would be charged in the UK and, if ever adopted, would have significant impact on your wealth and succession planning.
Promises, promises...avoiding proprietary estoppel claims

Promises, promises...avoiding proprietary estoppel claims

Those who own farms, estates and family businesses in England and Wales may be losing sleep over the recent trend in 'proprietary estoppel claims' brought by disinherited family members.
WBD recruits international private wealth expert into London

WBD recruits international private wealth expert into London

WBD has appointed Edward Stone as a partner in the firm's London office, joining WBD's top-ranked private wealth team. He brings over 20 years' international experience at leading firms advising high net worth individuals, their families, trustees and family offices on wealth/succession planning and cross-jurisdictional asset structuring/restructuring.
Protecting your business

Protecting your business

Susan Maxey, legal director at WBD, has extensive experience of advising individuals and trustees owning private company shares, and has been recognised in the Chambers High Net Worth Guide 2018. Here, the private client specialist reveals what to consider when making a business lasting power of attorney.
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Inheritance Tax - a future of simplification?

In July, following its first report in November 2018 and an 'unprecedented' response to their consultation, the Office of Tax Simplification (OTS) published its second report on the simplification of inheritance tax (IHT). The report sets out a number of recommendations for 'a more coherent and understandable structure of the tax'. In this article we look at the main recommendations and findings and consider what is in store for the future.
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