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.
We understand that dealing with the executry process following the death of a relative or friend can seem confusing and overwhelming. In this article, we look at the stages of the executry process and how long you can expect each to take.
An important part of estate planning is maximising your inheritance tax (IHT) threshold and minimising how much of your estate incurs inheritance tax. There are many elements of a comprehensive IHT saving strategy, but in this post we look at three things you may wish to consider.
Pensions can be an incredibly efficient way of maximising the inheritance your loved ones will receive after you pass away, greatly mitigating your inheritance tax liability and providing an element of flexibility for intergenerational estate planning. In this article, we look at some of the key benefits of using pensions as part of the estate planning process.
Going through a divorce is never easy and can cause much upheaval to your life and future plans. After you have reached a divorce settlement, you may need to reconsider a number of estate planning matters. Most people include their spouse in their Will and give them Power of Attorney. The law does make some provisions for divorce to avoid unwanted scenarios. However, reviewing your Will and ancillary matters is the only way to ensure that your wishes are carried out. In this article, we look at the key things that you should do after divorce.
If you are an executor, it is the role of your solicitor to advise you as far as possible on matters related to the valuation of the estate and the inheritance tax (IHT) liability. Executry advice is often time sensitive, but the volatility and downturn of many markets in the last few years provides an additional challenge for executors - the valuation of shares. In this article, we look at share loss relief, when it occurs and how to make a claim.
