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.
Murray Beith Murray has been recognised this week, by The Legal 500 UK 2024, as a Tier 2 legal practice for ‘Personal tax, trusts and executries’, ‘Contentious trusts and probate’ and ‘Agriculture and Estates’, one of the few Scottish private client law firms to be acknowledged in the top two tiers for all three core practice areas.
Edinburgh-based private client firm, Murray Beith Murray, has announced the appointment of a new partner.
Alec Stewart will join Murray Beith Murray partners Ruthven Gemmell, Peter Shand, Andrew Paterson, Sophie Napier and Fraser Scott within the firm’s Asset Protection group in September.
After qualifying as a lawyer with Murray Beith Murray in 2002, Alec went on to become a partner with Anderson Strathern and Thorntons, and latterly a consultant with MacRoberts. Alec is a dual qualified solicitor (Scotland and England/Wales) and a specialist in estate planning and asset protection with extensive private client experience.
Murray Beith Murray is pleased to be recognised in the prestigious Chambers & Partners High Net Worth (HNW) Guide 2023 for Private Wealth Law. The firm’s Asset Protection group and Partners, Peter Shand and Andrew Paterson have again been recognised.
Sometimes people are appointed executors and quickly find themselves overwhelmed by the responsibilities. Whilst being an executor is a privilege – someone trusts you to look after their affairs after they have died – it also comes with onerous obligations. This is why you might wish to remove yourself as an executor. Before looking at the mechanisms to remove yourself as an executor, it is important to consider the duties the role of executor entails.
When dealing with estate planning, the focus tends to be on Inheritance Tax (IHT) mitigation and savings. However, for those with assets acquired over the course of their life, there is also a need to consider the impact Capital Gains Tax (CGT) has on an estate.
