Virtual Conference: Wills, Probate, Trusts and Tax Update 2022

KEY SUBJECTS

This half day course is designed to acquaint private client practitioners with key updates in the areas of Wills, Probate, Trusts and Tax in 2022 and provide a summary of developments in law, policy and practice.

SPEAKER

Gill Steel, Solicitor & Director of LawSkills Ltd

CONFERENCE PROGRAMME

9.30am CHAIRMAN’S INTRODUCTION

WILLS

• Video execution of Wills
• Importance of including a charging clause
• Testamentary capacity
• Lack of knowledge and approval
• Severance of joint tenancy by execution of mirror Wills
• Missing Will – did deceased die intestate?

PROBATE

• Apple iCloud – access to nominated people
• Secret trusts
• Can a term in a Will revoke the exercise of a power in a trust deed?
• Proprietary estoppel and partnership assets
• Litigants in person
• Guidance on applications under s.8 Children Act 1989
• Re-sealing a foreign grant to enable litigation
• Put up or shut up orders re probate claims
• Definition of NRB legacy and effect on gift

TRUSTS

• TRS and the registration of non-taxable trusts
• Modern meaning of terms in old trust deeds
• Pension trust – discretionary payments

 TAX

• IHT interest rate rises
• Changes to the excepted estates rule and their impact
• SDLT – ‘residential property’; multiple dwellings relief
• Crypto asset reporting
• Overseas marriages and Marriage and Civil Partnership (Minimum Age) Act 2022
• ER and BADR – can you round up ownership to 5% to qualify?

Gill Steel, Solicitor & Director of LawSkills Ltd

12.30pm CLOSE OF PROCEEDINGS