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Murray Beith Murray LLP is a leading Scottish private client law firm.

For 175 years we have specialised in meeting the legal, financial and administrative needs of individuals and families, family trusts, charities and private companies.

Call us today on 0131 225 1200
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The Impact of COVID-19 on estate planning

adam swayne

The COVID-19 pandemic has changed our lives in many ways. The pandemic has had a wide-reaching impact: from restrictions on how we live our lives to our attitudes towards wealth and finances. Estate planning has also been affected by the pandemic, with many of us being forced to consider what would happen if we were to lose a loved one suddenly. However, it has also brought into focus the importance of assessing your own circumstances with a view to planning for your future security and the security of your loved ones. In this article, we look at some of the things you may wish to consider in light of current circumstances.

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Dispute resolution methods in commercial property agreements - what are my alternatives to litigation?

billl

Property disputes are an inescapable part of the commercial property world and can affect any property or agreement. When they do occur, disputes tend to be time consuming, stressful and expensive.

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Should you set up a trust?

andrew

Setting up a trust is one of the most tried and tested methods for protecting assets. It can be an important wealth management tool and critical element in prudent succession planning.

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Could mediation save the future of your family business?

peter

Family businesses face most of the same challenges and difficulties as all other businesses, but have the added complication of involving important personal relationships. Such relationships can cause the business to have different considerations and priorities, and when things go wrong, the consequences can be even more severe. In our experience, problems relating to ownership and management of a family business tend to be less prominent during the first generation of ownership, but we typically see problems start to arise when the second generation of family members is looking to step in or take over.

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Leaving gifts to charity in your Will – process and benefits

andrew

If you are concerned about how much Inheritance Tax (IHT) your estate will be liable for when you pass away, leaving a gift to charity could reduce your bill. Gifts to charity, when properly executed, can reduce or, in certain circumstances, even eliminate your inheritance tax liability entirely as they do not count towards the taxable value of the estate. In this article, we look at the tax benefits of leaving gifts to charity, what you can gift, and how to leave a gift in your Will.

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Call us today 0131 225 1200 or get in touch with us via our online enquiry form