Ralph Ray

RALPH RAY FTII, TEP, BSc(Econ), solicitor, consultant with Wilsons, reports a Keyhaven conference on 'the family home'.

 

Private residences in trusts

 

RALPH RAY FTII, TEP, BSc (Econ), solicitor reports an IBC Conference on tax planning for the wealthy.

Specific legacies

 

In cases where the residue of an estate goes to the surviving spouse, it is common practice to direct assets which are eligible for an inheritance tax relief (such as business property relief) to a chargeable beneficiary, for example a discretionary trust. Otherwise the inheritance tax relief is wasted against the surviving spouse exemption.

 

RALPH RAY FTII, BSc (Econ), TEP, solicitor, consultant with Wilsons reports an IBC conference on tax planning for the wealthy.

Reported by RALPH RAY CTA (Fellow) TEP BSc(Econ) solicitor consultant with Wilsons.

Reviewed by RALPH RAY

CLT Conference 3 February 2005. Speakers quoted: Chris Whitehouse, barrister, 5 Stone Buildings, Lincoln's Inn Emma Chamberlain, barrister of the same Chambers. Reported by Ralph Ray CTA(Fellow), TEP, BSc(Econ), solicitor consultant to Wilsons of Salisbury (www.wilsonslaw.com) Note: The expected Regulations and Guidance Notes were not yet available at the conference. Unless otherwise stated paragraph references are to FA 2004 Schedule 15.

Conference

Meeting Points

 

 

RALPH RAY CTA (Fellow), TEP, BSc (Econ), Solicitor, Consultant to Wilsons of Salisbury, reports on the Tolley's Tax Planning for 2005 Conference.

 

 

 

Reverter to settlor

 

Conference

Meeting Points

RALPH RAY CTA (Fellow), TEP, BSc(Econ), Solicitor, Consultant to Wilsons of Salisbury reports on the IIR Conference on Tax Efficient Private Client Planning.

 

Contribution condition

 

Owen Clutton, partner at Macfarlanes, gave the following example of how the contribution condition for previously owned assets will work.

 

 

Mrs Smith gives her daughter £100,000 cash on

Meeting Points

 

RALPH RAY CTA (Fellow), BSc (Econ), TEP, solicitor, consultant with Wilsons of Salisbury reports highlights from the CIOT Finance Bill conference held on 14 June.

 

RALPH RAY FTII, TEP, BSc (Econ), solicitor, consultant with Wilsons of Salisbury takes a practical look at post-death tax planning

Reviewed by Malcolm Finney, John Newth FCA, FTII, FIIT, ATT, Malcolm Gunn FTII, TEP and Ralph Ray.

RALPH RAY FTII, BSc (Econ), solicitor, TEP looks at 'buy and sell' agreements and inheritance tax.

GEORGE AND ABRAHAM are partners under a partnership agreement in the business of manufacturing widgets. They are both in their mid-forties. They are meeting their tax adviser, Richard.