In a recent judgment (PBC v JMA & Ors [2018] EWCOP 19), Her Honour Judge Hilder, Senior Judge at the Court of Protection, approved an application made by the attorney of a 72 year old lady, to make a gift of £6m to himself, from his mother’s c.£19m estate, in order to mitigate the impact of IHT upon his mother’s eventual death.
Crackpot theories
Ian Gunn hears echoes from the 1980’s and 2020.
Sick!
Ian Gunn considers the use of medical terms to describe economic and political woes
No shortage of shortages
Ian Gunn joins the queue and finds Chaos Kong
LPAs under review
Government Consultation launched 20th July 2021
Trust who you tell
Ian Rowe considers the impact of the Trust Registration Service
Old wine in a new bottle?
Ian Gunn tries to keep up with the changing face of money.
Sleep-in workers and the National Minimum Wage
Ian Gunn looks at the Supreme Court Judgment in Mrs Claire Tomlinson-Blake’s case against her employer, Mencap, which was handed down on 19th March 2021.
'Reasonable Security' sustained for Gibraltar-based insurers
Richard Cropper notes the positive impact of the Financial Services (Gibraltar) (Amendment) (EU Exit) Regulations 2020
No Swift appeal to the Supreme Court
Richard Cropper understands that the Defendant in Swift will not be seeking permission to appeal to the Supreme Court
Swift -v- Carpenter - permission to appeal has been denied
Attached is the Court of Appeal decision on costs and the further appeal.
COVID-19 and the Phillips curve
Ian Gunn considers the application of the Phillips curve in respect of the decision-making surrounding COVID-19
I can see clearly now…
Ian Gunn looks ahead through Google tinted glasses.
The rise and rise of Inheritance Tax
Richard Winward considers the increase in IHT receipts and the things to think about to mitigate the potential impact
Why precision matters
Ian Gunn looks at two examples where precision matters.
Just not enough hours in the day
Richard and Ian set out PFP's policy on accepting new pre-settlement instructions
Court of Protection approves gift of £6,000,000 to be made by an attorney, to himself, from his mother’s assets.
In a recent judgment (PBC v JMA & Ors [2018] EWCOP 19), Her Honour Judge Hilder, Senior Judge at the Court of Protection, approved an application made by the attorney of a 72 year old lady, to make a gift of £6m to himself, from his mother’s c.£19m estate, in order to mitigate the impact of IHT upon his mother’s eventual death.
A decade has passed… already!
Ian Rowe considers where the last ten years have gone!
What are the odds?
As the 2018 World Cup in Russia enters its fifth day and England are about to commence their campaign, James Rooney takes a light-hearted look at how quantitative analysis has been used by investment bank, UBS, to determine the potential winner of the tournament.
Thirty years on
It was my 30th birthday on 6th July 1988. However, that is a memorable date for a far more important reason. On that day, a massive explosion at the Piper Alpha oil platform, approximately 120 miles north-east of Aberdeen, killed 167 people. The total insured loss was reported as about £1.7 billion. It is the worst offshore oil disaster in terms of lives lost and industry impact.
The Stamp Duty Surcharge – the importance of getting things in the right order
Making financial transactions in the wrong order can be costly in relation to the tax implications that may arise.
Data protection rules change is now imminent
In May this year, Europe's data protection rules will undergo their biggest changes in two decades. Since they were created in the 90s, the amount of digital information we create, capture, and store has vastly increased. Simply put, the old regime is no longer fit for purpose.
Claim a Power of Attorney refund
Refunds are being offered to those who may have been charged more than was necessary to apply to register lasting or enduring powers of attorney between 1 April 2013 and 31 March 2017.
How to lose friends and alienate people.
This blog considers the impact of the General Election result and the impact on "strength and stability".
More Robert Downey Jr than Ironman!
Having signed up for an Ironman 70.3 for our 2017 charities, EFDS and Bamboozle, did Richard make it to the finish line?
I’m an MP, get me out of here!
As if the UK had not already had enough of being asked to vote in mindless television shows over the last decade (think Big Brother, Strictly Come Dancing, I’m a Celebrity et al), it is becoming apparent that the political arena is wanting its own fair share of the action too.
In the words of 10cc - The things we do for love
For those of you that have seen me recently and have noted that I have 'dropped a bit of timber', that's because I have been training for a half-Ironman, know as a 70.3 because that is the total mileage I have to cover in less than 8.5 hours. I am taking on this crazy (borrowing the ABI's definition of the new discount rate) challenge for two fantastic charities, the Bamboozle Theatre Company and the English Federation of Disability Sport.
Personal Injury – The Importance of Estate Planning
This blog considers the importance of estate planning when meeting the needs of personal injury claimants post-settlement.
Happy New Year!
We all just wanted to wish you a very happy and healthy 2017!