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Posts Tagged: trusts

Kitsons Praised in 2016's Legal 500 Directory

Posted by on October 5th 2016 in Blog Posts

Leading Devon law firm Kitsons has been praised in the South West chapters of the latest  2016 editions of Legal 500 – the most prestigious guides to the UK legal profession.

Highlights include Kitsons’ Employment team achieving a ‘Tier 2’ status in the Legal 500, with the firm featuring prominently across Litigation, Corporate & Commercial, Licencing, Employment, Family and Probate.

A total of nine lawyers have been endorsed for their work across the practice.

James Cross, Managing Partner at Kitsons said: "We are always pleased to be recognised for the work that we do and the latest findings of...

Stretching the Nil Rate Band?

Posted by on February 2nd 2015 in Blog Posts, Contentious Probate

This recent case involved a dispute between the family of the late Valerie Smith and a charity, the Woodland Trust.

What’s the background?

The current inheritance tax threshold (‘Nil Rate Band’) is £325,000. This amount is available to the estate of each individual, free of tax, in England and Wales on their death.

In order to protect against payment of inheritance tax, many people choose to leave a gift in their Will, which is equal to the value of the Nil Rate Band, with the balance being left to charity.

When someone dies leaving the whole of their estate to their surviving spouse or...

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