Trusts & Succession
When someone dies, the difficult process by which financial institutions allow the deceased person’s funds to be released has long been cause for complaint. Before distributing money in a deceased person’s account, financial institutions generally require executors to obtain a Grant of Probate, which is a legal document confirming that the executor has the authority to administer the deceased person's assets....
An introduction to economic substance: What is it, and why is it important
Recent statistics published by the Ministry of Justice evidence that disputes in the High Court over wills continue to increase year on year.
News Team on 18/08/2020
Act now to secure UK-based pensions, law firm Irwin Mitchell warns
There has been an increasing amount of press coverage throughout the pandemic regarding the importance of estate planning and the opportunities that reduced asset values have presented. This article is the first in a series which considers these opportunities in more detail
News Team on 13/08/2020
The Swiss Financial Market Supervisory Authority (FINMA) is granting the Organisme de Surveillance pour Intermédiaires Financiers & Trustees (SO-FIT) a licence as a supervisory organisation
BDB Pitmans' Elizabeth Neale warns that there may be tax traps associated with changes in behaviour brought about by lockdown...
News Team on 11/08/2020
If history has taught us one thing, it is this: In every crisis people look for scapegoats. Crises and pandemics fuel fear and insecurity, but also hostility. In most cases, this aggression is directed at out-groups, typically other nations or minorities
The "deepest global recession since the Second World War": the daily headlines on global economic doom, trade wars, market crashes and recoveries since Coronavirus took hold are endless and make for sobering reading, but for those with assets in abundance, does a market crash and lower asset values provide an opportunity for estate planning measures which in times of bull market and economic highs would be inconceivable due to prohibitively high tax costs?
News Team on 06/08/2020
The Russian Ministry of Finance has announced that it is ready to terminate the double taxation treaty it has with Cyprus
- You have no favourite article.
PAM Insight is the world’s leading independent provider of essential specialist news, analysis and comparative data for the fast-evolving world of wealth management.Read more about PAM
eprivateclient is the leading website and news service for private client practitioners, including lawyers, accountants, trustees and fee-based IFAs.Read more