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Vol 24 No 9 Sept/Oct 2019

Book of the Month

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The Anti-Suit Injunction

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This book is now Out of Print.
A new edition was published, see:
Ray & McLaughlin's Practical Inheritance Tax Planning 14th ed isbn 9781784513733

Ray & McLaughlin's Practical Inheritance Tax Planning 13th ed

ISBN13: 9781780437750
New Edition ISBN: 9781784513733
Previous Edition ISBN: 9781780431727
Published: February 2016
Publisher: Bloomsbury Professional
Country of Publication: UK
Format: Paperback
Price: Out of print

Ray & McLaughlin's Practical Inheritance Tax Planning 13th ed is an essential guide to the IHT issues and planning opportunities that concern lawyers and accountants when advising clients on the most appropriate course of action.

This edition features 'signposts' at the beginning of each chapter to provide a useful summary of the main points and cross-references to the relevant commentary. It also includes 'focus points' to highlight important issues, and an index of examples. These features make it easier to find the key topics and scenarios in each chapter.

The practical commentary addresses the main planning points, potential pitfalls and possible solutions for IHT and estate planning.

Fully updated to include important IHT changes introduced in the two Finance Acts of 2015, and featuring commentary on future changes announced in summer Budget 2015, this invaluable resource covers:-

  • The increased threshold where a home is inherited by descendants {the 'residence nil rate band')
  • Changes to the calculation of the IHT rate on settled property- an attack on 'pilot trusts'
  • The end of the 'Frankland trap' on distributions etc. from property settled by will Amendments to the provisions on settlements with an initial interest in possession
  • IHT exemptions for decorations and other awards, emergency service personnel etc.
  • Proposed new 'deemed domicile' rules and proposed new rules on UK residential property held indirectly by non-UK domiciled individuals or by excluded property trusts
  • Relevant case law including:-
  • Green v R&C {business property relief: furnished holiday lettings) 0 Routier & Anor v R&C (charity exemption)
  • Hutchings v R&C (penalty for error in IHT return)
  • Vaughan-Jones v Vaughan-Jones (rectification of a deed of variation for IHT purposes)

  • Subjects:
    Chapter 1: Introduction and outline
    Chapter 2: Compliance
    Chapter 3: Transferable nil rate band
    Chapter 4: Appropriate will planning
    Chapter 5: Practical aspects of will drafting
    Chapter 6: Husband, wife and civil partner
    Chapter 7: Choice of type of settlement
    Chapter 8: Practical aspects of drafting settlements
    Chapter 9: Transfer and reorganisation of business interests-companies
    Chapter 10: Transfer and reorganisation of business interests-partnerships and other firms
    Chapter 11: The art of giving
    Chapter 12: The use of exemptions
    Chapter 13: Pre-owned assets
    Chapter 14: Life assurance and other insurance schemes
    Chapter 15: Estate planning-business and agricultural property
    Chapter 16: Estate planning-woodland, heritage property and Lloyd's underwriters
    Chapter 17: Foreign domicile.