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Topic: trusts


  • What is the difference between the Legal and Equitable ownership in Trusts?
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    To begin it is important to fully understand what a trust actually is. A trust is essentially a relationship that is formed between a trustee and a beneficiary which allows certain property to be held for the benefit of a beneficiary. There can be more than one trustee and more than one beneficiary. The legal… Learn more

  • Leanne Hathaway - Tax and Trusts
    Trusts and the cost of education: Part 1 – School Fees
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    Trusts are often thought of as something that only the very wealthy have need or use of, but there are several ways in which they can be of much wider use.  One easily overlooked tax fact is that children are also taxpayers, with their own tax free allowances and basic rate tax bands.  These are… Learn more

  • EHL Wills Team
    Local Solicitors: New Office in Stoney Stanton
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      Stoney Stanton is welcoming the new office of Edward Hands & Lewis.  Whilst the official launch day is not until Tuesday 29th October (pop in if you are in the area) the phones are already ringing and we have received a warm welcome from the village. Stoney Stanton will offer the full range of… Learn more

  • Leanne Hathaway - Tax and Trusts
    Accumulation and Maintenance Trusts: coming to an end
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    Accumulation and Maintenance Trusts were popular types of trust to provide for the education of children, until their favourable tax structure was withdrawn in 2006.  At that point, transitional rules were brought in which are now also starting to draw to an end as the children they provided for reach the age of 25 (these… Learn more

  • Faye Williamson - Family Law
    A Matter of Trust – Foreign Assets
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    Foreign Assets  the third in my brief sequence of Blogs, relating to Trusts. I start with the assumption that one spouse is a potential beneficiary under a discretionary trust and the other is not. How do they keep up some semblance of their lifestyle if they are cut off from the trust ? In a… Learn more

  • Faye Williamson - Family Law
    A Matter of Trust – Non Nuptial Trusts
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    This Blog follows on from my earlier one about Trust Assets to deal specifically with the situation whereby only one member of a married couple is the Beneficiary of a discretionary Trust that his or her wider family have set up, and the other isn’t.   These so called “non nuptial Trusts” cause their own… Learn more

  • Faye Williamson - Family Law
    You have Bought Your House – How Much of it do You Own?
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    Many people (too many people in my view) pay for their  houses in different proportions.  One of them may have a divorce settlement or inheritance that came to them alone and use that as a deposit on the purchase of a property with a co-habitee. Equally they may have already bought a house and used… Learn more

  • Faye Williamson - Family Law
    A matter of Trust
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    With the rise in the number of people protecting their assets from excessive Taxation by the use of Trusts family lawyers are finding the unique problems they create quite a challenge .   Most children would not see their parents matrimonial home as belonging to the children at least while the parents were still alive… Learn more

  • Faye Williamson - Family Law
    Martin of Market Harborough: Blogging from the basin
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    Forgive my lack of originality fellow citizens but Phew, what a scorcher!  The wharf has been glorious again 10,000 tons of sand and a Beach Boys CD and its Florida out there. The umbrellas and sun worshippers are out at The Waterfront. The basin is only half full (always the optimist, you notice) of boats… Learn more

  • EHL Invite you to a FREE Seminar: Trusts and Budget impacts
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      Businesses of all shapes and sizes are invited to Edward Hands and Lewis’ free Post Budget Seminar organised in conjunction with M Cubed Chartered Accountants. EHL’s expert trusts and tax advisor, Leanne Hathaway with be delivering the seminar with Azam Mamujee from chartered accountants and business advisers M Cubed. Leanne will be talking through… Learn more


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