Protecting your will from ‘passive’ challengers
Until recently, it was possible for a will to be challenged by a ‘passive defence’.
This is when a defendant alleges concerns over a will which forces the executor of the will to issue proceedings to prove the will, meaning that the executor must go to court before commencing administration of the estate. To read more on the necessary steps to avoid a family turmoil after you die, head to Spear's Wealth Management Magazine.
Related in brief posts
HMRC has launched a consultation on a review of the government's principles for taxing trusts. Fiona Poole examines the review in more detail.
In a bid for ever-increasing transparency, the UK government intends to continue the trend with the introduction of a further beneficial ownership register.
Eesha Arora and Sophie Wettern offer some ideas for navigating intergenerational conflicts in wealthy families