Private Client Issues – April 2024
Welcome to this month’s edition of Private Client Issues, Blake Morgan’s monthly round-up of the topics you may find of interest. It features insight and advice on developments affecting private individuals.
Our teams work both from our offices and remotely and are happy to meet with you virtually, or in person where this is preferred. We have found that many clients prefer the convenience of a video meeting, whilst other prefer face to face, particularly for the first meeting.
New tax year, new allowances!
The 6th April 2024 marks the start of a new financial year. In this article we review the new annual allowances, exemptions and details of self assessments that may be applicable to you. It is also a timely reminder to do some housekeeping to ensure you are remaining tax compliant and are paying the correct amount of tax.
How effective are no-contest clauses in wills?
Can you stop challenges to your Will? We look at a recent case that considers the use and effectiveness of No-Contest Clauses for the purpose of dissuading beneficiaries from making challenges.
Are prenuptial agreements legally enforceable?
With nuptial agreements becoming more popular, we take a look at the reasons why, including sometimes smoother than expected separations. But what do you need to include in one?
How to grow your business
How do you grow a business? Not an easy question to answer but we heard from two successful entrepreneurs who spoke about their journey and gave tips for start-ups.
I’m an executor. Can I charge a fee?
We examine whether non-professional executors – whose role can often be challenging – are allowed to reimburse themselves or make a charge for their work in administering an estate.
Statement of Changes to Immigration Rules: what you need to know
The UK Government published the Statement of Changes to the Immigration Rules on 14 March 2024. Find out what you need to know about different routes, including the Skilled Worker Route.
If you are impacted by any of the above topics or you would like further information on how we can help you, please contact your usual Blake Morgan adviser. You can also receive regular updates by following Blake Morgan on LinkedIn.
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