Subjects:

Legal Manuals, Wills and Probate

Private Client: Wills, Trusts and Estate Planning is a comprehensive and user-friendly examination of the legal and taxation implications arising from estate planning work within the private client department of a solicitor's firm. The guide deals in a practical way with all the areas confronting the practitioner on a day-to-day basis, from tax and financial planning to the administration of trusts. Throughout the text, worked examples illustrate how to calculate the tax position of the client. This new edition has been fully revised to take account of the introduction of the transferable nil rate band for spouses and civil partners and its implications for will drafting, the changes to the taxation of trusts introduced by the FA 2006, together with the ending of the transitional period on 6 April 2008, and the introduction of lasting powers of attorney and advance decisions.