This week’s post aims to give readers a refresher on Business Property Relief (BPR). It should be noticed that BPR is a large and complex area of tax, so what follows is only a brief overview of the area. BPR is a relief from Inheritance Tax (IHT) that transfers of certain qualifying business assets may…

Every so often the topic of Corporate Membership comes to the fore. It is something that the Society experimented with in its early days, to disastrous effect, but has been looked at several times over the years. How and what formula would, or could you apply to any company to make it fair on everyone?…

When it comes to storing legal documents there are a range of options available to you, whether you’re a Will Writer, Solicitor or a client of either. But when it comes to choosing a storage provider, how can you be certain that the service you’re getting reflects the cost, or perhaps lack of? Some providers…

When writing a will it’s important that you get your wishes down for who should be appointed as executors, trustees or guardians and how your estate should be distributed in a binding fashion. But what about your more general wishes for your estate, or for your children? A letter of wishes is a very useful…

It is a well-established principle of law that all non-charitable English trusts must have a beneficiary to enforce the trust and hold the trustee to his obligations. This concept is referred to as the beneficiary principle. A trust that does not have defined beneficiaries and sets out to benefit a specific purpose will be void,…

Continuous Professional Development (CPD for short) is one of the Society’s 3 mandatory requirements. We expect that each year members complete a minimum of 16 structured hours, and 8 unstructured hours, totalling 24 for the year. Structured CPD is something that can be proved, usually by way of a certificate by attending a course for…

The death of a loved can be a difficult time for those left behind, and it’s at this time that the grieving family will often be expected to arrange a funeral. Unfortunately, it is often at this point that the family discover the cost of dying, with funerals being much more expensive than they may…

From the desk of the DG For the 6th consecutive year the January and February induction courses, SWWEPP Certificate Courses are oversubscribed, which is a great testament to the quality of members and potential members we are attracting. This is in addition to the Distance Learning Course we introduced in the early part of last…

We’re now well into the first month of 2019, the weather is getting colder, Christmas and New Year is but a distant memory and perhaps for some of us those New Year’s resolutions we made have faded too. This year however we implore you to make just one resolution and stick to it. In 2019,…