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July 16, 2019
At the present time, should a person make a gift from their estate, they must survive the gift by 7 years for it to be exempt from Inheritance Tax. However, there has been an official review ordered by the Chancellor and as part of a radical shake up the 7 year rule could be cut...
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We have all read newspaper articles reporting that a drug dealer or fraudster made hundreds of thousands from their offending but was ordered to pay back a much smaller amount. That is not always the end of the matter.   What are the proceeds of crime?   If a defendant is determined to have had...
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It has been nearly ten years since the infamous case of Aston Cantlow v Wallbank, where a couple were forced to pay around £230,000 to their local parish church for repairs, reported here:- https://www.theguardian.com/money/2009/sep/28/glebe-farm-church-bill-sale After the case, the couple stated that they thought ‘Chancel Repair Liability’, the ability for a church to force a landowner...
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