The UK Government proposes updates to legislation to tighten the Employee Ownership Trust tax regime and ensure EO remains viable and sustainable.

Contrary to the lyrics of Ed Sheeran’s well-known song, Pre-Nuptial Agreements are not just for beautiful people.

Potential changes to Business Property Relief and Agricultural Property Relief.

A guide to the advantages of Disabled Persons Trusts for Parents, Carers and Advisors including tax efficiency and protection of means-tested benefits

The recent case of Butler considers services provided by the wedding events business and whether or not these qualified for business property relief.

The recent case of Firth has continued the debate as to whether aparthotels and furnished holiday lets qualify for business property relief.

Recent case brought under the Inheritance (Provision for Family and Dependants) Act 1975.

We are delighted to welcome partner Suzannah Farnell, consultant Julia Rangecroft and solicitors Bella O’Keeffe and Abigail Walker.

We give an update following the recent decision regarding the availability of Entrepreneurs’ Relief for trusts.

Cohabitating partners make up the fastest growing type of family in the UK, with over 3.6 million partners cohabiting.

Our Private Client team considers the law surrounding the protection of cohabitees when a relationship breaks down.

People often mention selling an asset for a low value as a way round gifting concerns, but does it work?

Is gifting assets to children during your lifetime worth it?

Giving your house away to your children to avoid care fees is sometimes suggested by well meaning friends as a good option, but is it?

As the discussions regarding the current book they are reading dwindle, the conversation turns to a perennial topic, “how to avoid inheritance tax?”

A series of short articles based around the members of a retired English teachers’ book club who coincidentally all have questions relating to gifting

The firm has once again achieved Band 1 ranking (regional guide) and are delighted to be recognised as a Band 1 National Leader (outside London).

Matters to be aware of in the event of an untimely death before, or shortly after, a divorce or dissolution is finalised.

Sheffield Solicitors for the Elderly (SFE) accredited solicitor calls for residents to review their wills ahead of “Update Your Will Week”

An analysis of the current Office of the Public Guardian guidance regarding discretionary management funds when drafting Lasting Powers of Attorney.

Measures a sole director-shareholder should consider during their lifetime to ensure the continuity of their business following their death.

A look at why a transition to employee ownership may be preferable to a third-party sale, if family succession isn't a viable option.

As we move through life, we naturally start to think about succession and how we are going to provide for future generations.

This articles briefly summarises the usual role and responsibilities of the Employee Ownership Trust in hybrid and indirect ownership trust structures

For a Will to be valid, it must be signed in the presence of two witnesses. This may cause difficulties when social distancing or self-isolating.

A case under the Inheritance (Provision for Family and Dependants) Act 1975 highlights the importance of checking the ownership of joint property.

A look at the key structuring and decision making processes which are put in place for a successful employee owned business.

We consider the implications for the previous owners, the Trust and the employees on the onward sale of the shares in the trading company.

We explore Family Investment Companies and whether they could be right for you.

Ensuring the future of a family business is often of utmost concern to families and is a crucial decision that requires careful thought and planning.

A look at the key characteristics of a robust employee-owned business and how this should be managed for a successful future.

This article considers the main benefits, both financial, commercial and social, from transitioning your business to employee ownership.

Employee ownership can be a preferred option available to businesses when considering succession planning. In this article we consider why.

We consider three formal structures available for employee-owned businesses and why these may be suitable.

In this article we briefly cover the basics of employee ownership and what it could mean for the future of your business.

In this article we look at the numerous reports and policy papers surrounding tax reform.

Our Private Client team considers the law surrounding the provision for cohabitees on death.

When will the disposal of shares by trustees qualify for Entrepreneurs’ Relief?

A large number of trusts that were not previously required to register must now register on TRS in 2022.

We summarise the main tax policy announcements.

What does it say about Inheritance Tax and Capital Gains Tax?

Your questions answered.

When will large gardens and grounds qualify?

Proposed reforms to IHT & CGT: How might the government balance its books in the long term & attempt to recover some of the financial costs of COVID?

This is an attempt to make it easier for people to record their final wishes whilst continuing to protect the elderly and the vulnerable.

The House of Commons Treasury Committee has taken evidence from a panel of tax experts on its inquiry called “Tax after Coronavirus”.

The Office of Tax Simplification is reviewing Capital Gains Tax. We look at how this might affect Wrigleys’ rural clients.

A look at some of the most common issues with poorly drafted Wills.

The importance of keeping your Will updated and letting people know where it is.

What happens to your digital assets on the event of death.

Find out how Wills help you to provide for your "blended family" after your death.

What issues does Covid-19 present in the estate planning context?

In these uncertain and unsettling days we are all being forced to consider difficult issues.

We summarise the main tax policy announcements in the government's first budget of 11 March 2020.

The CLA has submitted a pre-Budget paper to the Treasury calling for diversified rural businesses to be taxed as a single trading Rural Business Unit.

Here we consider what tax policy announcements we might expect in Sajid Javid’s first budget on 11 March 2020.

An update in relation to the current position with the Probate Registry.

Recommendations for significant changes to the current regime are published.

Good news for those who will potentially inherit more, but, the reality is that the Government rules rarely operate in the way people expect.

The Brexit Party's Manifesto includes only two pledges in relation to tax.

We look here at the Green Party's key tax pledges in their proposal for a 'Green New Deal'.

Like all of the three main parties' manifestos, the treatment of capital taxation in the Liberal Democrats' manifesto is limited. What can we glean?

With the claim to raise £83 billion through reforms to taxation, we look here at the key tax pledges in their proposal to bring about 'real change'.

We look here at the Conservative Party's key tax pledges in their proposal to 'unleash Britain's potential'

The latest in our lecture series in honour of the late Matthew Wrigley, a founding partner of the firm, began on a sunny evening at Harewood House.

Private Client advisor Lucy Hargreaves is celebrating her place on the definitive annual list of young private client practitioners across the UK.

We have matched last year's success by maintaining their Band 1 ranking (regional guide) and are still a recognised National Leader (outside London).

Simplifying the design of Inheritance Tax

Potentially, a couple could have a combined inheritance tax nil rate band of £1m from 6th April 2020.

The aim and intentions of the consultation, a summary of Wrigleys' response and the government's proposed plans.

Despite the proposed fees increase which was expected in April 2019, as I write today the fees are still at the same flat rate.

Consultation raises the prospect of greater company compliance requirements in future

The range of options available, and the importance of acting early with professional input

A family constitution can help provide structure alongside future-proofing the business.

Marie-Louise Hamilton has been appointed managing partner and will start the role in May 2019.

The OTS's first report focuses on addressing the "practical complexities" of the regime.

"Only for rock stars and professional footballers" was once the perception, but the reality is now much different.

This article explores the new proposed fees for obtaining a Grant of Probate in England and Wales announced by the Government this month.

HMRC has further updated its guidance on compliance with the legislation of the registration of trusts which had tax liability.

The firm has once again achieved Band 1 ranking (regional guide) and are delighted to be recognised as a Band 1 National Leader (outside London).

The recent case of Taulbut v Davey is the latest example of a homemade Will causing confusion, frustration, and fallout.

The review of Inheritance Tax by the Office of Tax Simplification.

HMRC has now updated its guidance on penalties for failure to comply with the legislation of the registration of trusts which had tax liability.

Wrigleys Solicitors are pleased to welcome Neil Whitaker, Donna Radcliffe and Katie Derry to its Leeds office.

We summarise proposed changes to the law on Wills (designed to encourage more people to make Wills) and the implications for lawyers and clients.

The HMRC Trust Registration Service has now been launched and will require all trusts with UK tax liabilities to be registered.

Wrigleys are pleased to announce 4 promotions in the firm's Leeds office.

We consider why some solicitors have chosen not to advise their clients on the Residence Nil-Rate Band tax saving opportunity.

The latest family business news, insights, perspectives and more besides.

The Supreme Court has today handed down their judgment in the case Ilott v The Blue Cross and Others (previous incarnations known as Ilott v Mitson)

The latest family business news, insights, perspectives and more besides.

The new ‘Residence Nil Rate Band’ aims to put more family homes beyond the reach of inheritance tax.

The Ministry of Justice has confirmed its plans to substantially increase probate fees from £155 to a maximum of £20,000.

A day of recognition for family businesses; the backbone of the Yorkshire economy and so often the bedrock of their communities.

We consider what happens to joint accounts after someone loses mental capacity or dies

A roundtable discussion amongst private client experts from Florida, Texas and New York - plus the European jurisdictions of the UK, Portugal & Malta.

Lifetime gifts to family members is common in tax planning. This case study explains how gifts can be made by relatives who have lost mental capacity.

Congratulations to Charlotte Dyson for her place on the definitive annual list of young private client practitioners across the UK.

Wrigleys Solicitors are pleased to welcome Duncan Milwain, Lucy O'Reilly and Kasim Ahmed to its Leeds office.

What you need to know about leaving money to a person with a disability and how very simple arrangements can make a huge financial difference.

By pretending to be you, fraudsters can try to sell or mortgage your property. We consider what you can do to protect yourself.

Wrigleys is pleased to announce 3 promotions in its private client and charity property teams.

Wrigleys feature in eprivateclient's Top 5 Boutique Law Firms list for the first time.

HMRC has now opened a consultation as to how this SDLT rise would operate. Although open to change, this article summarises the initial proposal.

The 2015 autumn statement announced a rise in the rate of Stamp Duty Land Tax (SDLT) for the purchase of additional homes and buy to let properties.

From 1 February 2016, all private residential landlords will have to check that new tenants have the right to be in the UK.

In the 2015 Autumn Statement it was announced that following a consultation on the use of Deeds of Variation, no changes are to be made.

Landowners should take note. The Bill is not intended to introduce new law but there is a new offence that landowners should be aware of.

An alarming new report reveals the number of people who leave major decisions about housing, assets and care to chance.

This article considers the options for holding shares in an EO company and considers the pros and cons for both 'direct' and 'indirect' ownership.

Wrigleys Court of Protection team are celebrating an entry in the prestigious legal industry rankings in the first year of applying.

Wrigleys celebrates another successful year for its trainee recruitment process, and welcomes Trusts and Estates specialist solicitor Kieran McIvor.

This case made headlines after a daughter successfully challenged being excluded from her mother's Will. We analyse the implications for testators.

In an unexpected announcement in the 2015 Budget, a valuable tax relief available for private landlords has been severely restricted.

A group of our staff cycled 40 miles across the Yorkshire hills, between the Sheffield and Leeds offices to raise money for the Alzheimer's Society.

FAQs on how the widely anticipated changes to the Inheritance Tax nil rate band will operate.

Wrigleys are proud to join the Office of the Public Guardian's new panel of Deputies.

Wrigleys have supported the Dementia Action Alliance to produce a free booklet to help those living with dementia & their families.

Albany Pumps, an international business based in Gloucestershire and with a site in Yorkshire is celebrating becoming employee owned.

Wrigleys have been recognised as one of the Top 25 Private Client Law Firms in the UK.

In a recent case, the High Court ruled that a post-nuptial agreement signed by a wife at the request of her husband was binding.

As we now have some certainty on how trusts will be taxed, a new approach to structuring Wills can be applied.

Couples moving in together can benefit from cohabitation agreements

Consultations on how to simplify trust taxation abruptly ended after a shock announcement from HMRC in June 2014.

The Chancellor's Budget announced a review of Deeds of Variation – is tax avoidance his motive or does he simply want to embarrass the opposition?

Dementia Friends Champions Charlotte Buckley and Amy Slinn have held Friends' information sessions for 96 people at Wrigleys...and counting!

In the advisory community there has been concern in relation to HMRC's new DOTAS (disclosure of tax avoidance schemes) proposals.

Appointing the right trustees is crucial for families to protect the trust beneficiaries and maximise the benefits to them.

We are delighted to share the news that Matthew Wrigley received the Presidents' Award at the Yorkshire Legal Awards.

The BMA Patient Information Special Award for Mental Capacity Resource went to a Headway advice booklet co-written by Wrigleys solicitor Ian Potter.

The intestacy rules apply to estates of people who have died without a Will. We summarise the main changes in the law in force from 1 October 2014.

The Independent, The Telegraph and The Daily Mail reported last month that "savers could be forced to pay inheritance tax while they are still alive".

There have recently been changes to the intestacy laws in England & Wales.

Wrigleys is supporting Remember a Charity in Your Will Week 2014 by giving away Remember a Charity chocolates in our reception throughout the week.

Wrigleys are delighted to be added to the NAT's specialist solicitor list.

Figures released by the High Court this week show that claims against executors for mishandling deceased's estates have tripled over the last year.

The Government has announced a plan to help improve the public understanding of Lasting Powers of Attorney.

A new Code that came into force on 1 April 2014, has been introduced to help protect members of the public seeking advice on a Will.

This article highlights ways to arrange your affairs to ensure the money you want to benefit your child can do so in the most effective way possible.

Angus Hunter Smart of Wrigleys reviews new rules affecting how debts can be deducted for IHT - unwelcome news for many farmers and landowners.