Challenging times for wills

22 May 2014

For many would-be inheritors, matters of inheritance matter! Will Aid’s 2012 survey revealed that: 60% of 18-24 year olds would use an inheritance to buy a home; 48% of 35-44 year olds would repay their mortgage; and 40% of 45-54 year olds would use an inheritance to provide a pension. The reliance upon inheritances is […]

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UK trustees: do you speak FATCA?

8 May 2014

Do you know any UK resident trustees? If so, do they realise that they need to be getting up to speed with FATCA (the Foreign Account Tax Compliance Act), even if the trust has no US citizen settlors, beneficiaries or US situated assets?! That is one of the (many) surprising issues surrounding the implementation of […]

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