Our quarterly update is designed to keep you up to speed with developments in the private wealth world.
Our quarterly update is designed to keep you up to speed with
developments in the private wealth world. In this edition we
explore charitable gifting, conflicts of interest, potential tax
reform and forgeries in the art world.
We hope you find this helpful and as always, if you would like to know more about the issues covered, or anything else, please get in touch.
Explore the latest edition
The big question
When will a court approve trustees' decisions?
The court has the power to approve trustees' decisions, but
a recent case confirms that it will only do so if the trustees have
first managed any conflicts of interest.
Trustees can seek the court's approval of significant decisions involving trusts, such as the distribution of trust assets. If granted, the approval will prevent anyone from bringing a claim against the trustees in respect of that decision. Read more
- Guidance issued on the remote witnessing of wills. Read more
- UK decides not to implement EU licensing regulations for cultural property. Read more
- The case of the missing original will. Read more
- How do you leave money to charity in a will? Read more
- Reform of CGT and IHT- on the horizon? Read more
And in the art world
- New technologies combat art fraud. Read more
Click here to read the full update.
Originally published 25 March 2021.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.