Traditionally the emphatic answer to this question was NO. But in recent years we have seen the increase in the number of long-term relationships where there is no marriage or civil partnership, coupled with an increasing number of divorces and second relationships all backed up by changes in the law that give increasing equality to …
While many people make arrangements for what should happen to their property and finances after they die, fewer people make arrangements for someone else to manage their finances for them during their lifetime, e.g. in the event that they lose mental capacity. According to the Office of the Public Guardian (OPG), although an estimated 40% …
As part of the UK government’s implementation of the 5th EU Money Laundering Directive, almost all Trusts are now required to be registered with HMRC. Trust registration is nothing new. The Trust Registration Service (TRS) has been in operation since being introduced by the Fourth Money Laundering Directive (MLD4) in 2017, and before then certain …
