Modern families take many forms. So-called nuclear families (with a husband, wife and two children to whom they are both biologically related) have become gradually less common, with a corresponding increase in the number of people entering into same-sex marriages or civil partnerships, marrying for the second or third time or choosing to remain unmarried.
Read morePromises are often made and later broken. Often there is very little anyone can do about this. However, in certain circumstances, and specifically in relation to land or property, it may be possible to bring a claim to enforce a broken promise, known as a "proprietary estoppel" claim.
Read moreMichael Armstrong, Senior Associate in our Private Client team, has written an article for Charles Stanley’s series on inherited wealth. The article, reproduced below, explores how the increasingly free flows of data and people across the globe will affect the transfer of wealth to the next generation.
Read moreI have been asked on a few occasions in recent years, 'should we put trusts on a blockchain?' My answer is invariably "no", as there is friction between the discretionary, flexible world of trusts and the fixed, certain world of blockchain-based smart contracts. Life assurance on a blockchain? Possibly. But trusts? That's a tricky one.
Read moreHMRC have aggressively pursued individuals who they believe are avoiding income tax and national insurance by undertaking work via their personal service company rather than a contract of employment.
Read moreOn Wednesday 27 March, associates and senior associates from across Forsters’ real estate teams hosted the first Future Leaders in Property (“FLIP”) event of 2019.
Read moreEntrepreneurs' relief is a valuable tool for business owners to minimise their tax payable on a disposal of the business or an interest in it. Applying to the first £10m of qualifying capital gains it reduces the rate of CGT to just 10%.
Pre budget 2018 the requirements for claiming the relief were that there was disposal by an individual (or in some cases a trust) of
Read moreHaving a keen interest in the food and drink sector (from both a personal and professional perspective!), on Tuesday 5 March, I attended the LPF seminar on “Foodhalls – The New Growth Market”. The evening, which was hosted by Cushman & Wakefield, opened with a presentation outlining the current market, the components of a successful foodhall and the different models in use.
Read moreShortly after Mr Justice Mostyn rejected an application to bring a claim under the Inheritance (Provision for Family and Dependants) Act 1975 outside the statutory six month time-limit, the Court last week allowed a claim to be brought under the Act some 25 years and nine months after the deadline for doing so.
Read moreOn Thursday 28 February, Kathryn Copeland, associate in our Commercial Real Estate team, attended a BPF seminar on the impact of Company Voluntary Arrangements (“CVAs”) on landlords. The panel discussion reflected on practice to date following the rapid increase in CVAs in 2018, as well as the future of CVAs and the BPF's thoughts on reform.
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