Late last year, the law on succession was updated for the first time in 50 years by the Succession (Scotland) Act 2016, marking the first stage in a phrased approach aimed at gradually modernising this complex, and often controversial, area of law. These new rules, which apply to deaths on or after the 1st November 2016, make important changes that are likely to affect many of our clients. Here we provide a brief overview of what has changed. If you would like more information about how these reforms may impact you and your family, and whether any arrangements you have made need to be updated or clarified, please contact our expert family law and private client solicitors.
Macnairs + Wilson Solicitors Blog & News
Two recent studies have given an interesting insight into how prepared families are when it comes to transferring and inheriting wealth.
According to a recent report by USA Today, only around 1% of senior citizens in China have written a will or conducted some other form of inheritance planning exercise, which is beginning to cause problems regarding the transfer of wealth.
The publication of findings from several recent research projects has given an interesting insight into current trends and opinions with regards to inheritance planning.
A woman has lost her legal bid in the French courts to overturn the will of her late husband, reports the Telegraph.