May 2018

May 29

Executors Liable for IHT!

Executors take care – you might be liable for IHT even if you are not a beneficiary. One case offers a cautionary tale. Glyne Harris was left owing HMRC £340,000 in death duties after discharging the assets of an estate on what he claims was the understanding that the beneficiary would pay the IHT owed. But the beneficiary left the country for Barbados without paying up. Mr Harris launched an appeal but tribunal judge Nicholas Aleksander rejected it. Nigel Jones of JMD Law, commented: "It doesn't necessarily depend on the size of the estate, but it can pay to instruct a lawyer where, as in the case with Mr Harris, inheritance tax is payable."

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May 16

New Vacancy for Court of Protection Practitioner

Court of Protection Practitioner Working within our Professional Deputyship Team under the supervision of Nigel Jones. Grade A or B candidate preferred but must have some COP, Wills & Probate experience. Common sense and the ability to work in a team environment is essential. For full details, please email your CV to nigel.jones@jmdlaw.co.uk.

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