Personal Representatives (PRs) and Trustees, when called upon by their Beneficiaries to do so, are under a legal obligation to give an account of their stewardship of the funds for which they are responsible. Continue reading Why Trust and Estate Accounts should be prepared →

From 6 April 2017, UK residents will be taxed on 100 per cent of pensions received from abroad, instead of the current 90 per cent. Continue reading Pensions →

Receptionist for Southampton Office

Jasper Vincent Solicitors are looking for a full time temporary receptionist / office administrator for their Southampton office. Continue reading Jasper Vincent is recruiting: →

As 2017 fast approaches it is perhaps time to look at the introduction of the new residence nil rate band (RNRB) which, following the provisions of Finance (No.2) Act 2015 will be introduced on a gradual scale from 06 April 2017. As with the transferable nil rate band this must be specifically claimed and can also be transferred to a surviving spouse. Continue reading New Residence Nil Rate Band Relief 26/06/16 →

In cases of separation, an idealist would have both parties reach amicable mutual agreement when it comes to assets and child arrangements. Though this often cannot be achieved, it remains the primary driver behind the prominence of the form of Alternative Dispute Resolution (ADR), known as Mediation, in private family law. In mediation, two contending parties meet with an independent impartial third party and attempt to reach settlement through dialogue in good faith. The benefits of such resolution are clear as both parties stand to avoid time-consuming financial and emotional detriment. Continue reading The Changing Scope for Mediation 29/04/16 →

Here is a useful top tips sheet if you are considering buyer a flat. Continue reading Top Tips for Buying a Flat 14/04/2016 →

The world of Trusts is becoming ever more scrutinised and an inadequate service is unlikely to be tolerated. The modern Trust administrator faces a set of challenges. The landmark events that occur in the lifetime of a Trust, be it the need to raise cash for beneficiaries or reorganisation after a death, bring the need for professionalism into sharp focus. The increasingly important weight given to Trust assets in portfolios puts the Trustee on notice that independent, professional advice is necessary if the assets held in the Trust are to be dealt with properly. Continue reading Being a Trustee 24/02/16 →

Divorce is often fraught with uncertainty for a myriad of reasons, care of dependants, financial settlement and imagining life post-divorce among them. The Court system seeks to mitigate this uncertainty by requiring full and frank disclosure from all parties so that reasonable provision can be made in line with an individual’s circumstances. In a recent landmark ruling, the Supreme Court has highlighted the importance of disclosure by overturning two Court of Appeal decisions. Continue reading Honesty in the First Instance 18/01/16 →

A change in Stamp Duty Land Tax for the purchase of additional residential properties was announced in the Chancellor’s Autumn Statement:

Continue reading Changes to SDLT from April 2016 21/12/15 →