You will have no doubt seen the recent media coverage regarding the Government’s proposed changes to probate fees. Despite widespread opposition, the Government has confirmed its plans to go ahead with these sometime in May 2017, although an exact date has yet to be announced. A Grant of Probate (or a Grant of Letters of Administration if there is no [...]
What are the changes? The Government is consulting on changes which will mean that non-domiciles can no longer escape a UK IHT charge on UK residential property by owning it through an offshore vehicle such as a company or trust. The period for consultation runs until 20 October 2016 and the changes will come into effect from 6 April 2017. [...]
Teacher Stern has been ranked in the 2015 edition of The Legal 500; the leading guide to law firms in the UK. Teacher Stern received rankings in Commercial Litigation, Property Finance & Sport.