Business Property Relief (BPR) is a widely available yet sometimes under used means of minimising inheritance tax liability. BPR is an inheritance tax (IHT) relief available against “relevant business property” transferred during a person’s lifetime or on their death. It reduces the chargeable value for IHT by 50 per cent or even 100 per cent depending on the type of business property involved... 

To qualify as an immediate post death interest a number of conditions must be satisfied. If they are, then the treatment of the interest can avoid certain charges that other trusts are subject to. To qualify as an immediate post death interest the settlement must have been created by Will or under the rules of intestacy and must arise immediately on death. This means that the life interest cannot be... 

Thanks to section 47 ( 1 ) (i) of the Administration of Estates Act 1925 it has been held that a grandchild can not inherit from his/her grandparents estate if they have deceased at the hands of the grandchild’s parent. Recently a couple were murdered by their son and died intestate. The couple were survived by their son who also had a son, who claimed the estates of his grandparents. The son of...