Pre-Owned Assets and Estate Planning
3rd Edition
Published on 23. November 2009
Book
Hardback
496 pages
978-0-414-04011-3 (ISBN)
Description
The new 3rd edition takes into account the changes in 2006 and 2007 affecting foreign domiciliaries, reverter to settlor and new arrangements involving the family home and chattels. It also covers the new options for Inheritance Tax planning following the 2006 changes to Inheritance Tax and Pre-owned Assets Tax.
* Explains the law relating to pre-owned assets tax and how it works in practice
* Shows what mitigation strategies can be implemented on portfolios already containing IHT avoidance plans and how to deal with old schemes in the light of recent develop
* Shows what strategies to use now to avoid POAT and reservation of benefit on future arrangements
* Considers in particular the family home and chattels
* Includes planning strategies, examples and precedents
* Analyses the Pre-Owned Assets Tax problems for foreign domiciliaries resident in the UK
* Uses diagrams, flowcharts, worked examples and calculations to describe situations
* Explains the law relating to pre-owned assets tax and how it works in practice
* Shows what mitigation strategies can be implemented on portfolios already containing IHT avoidance plans and how to deal with old schemes in the light of recent develop
* Shows what strategies to use now to avoid POAT and reservation of benefit on future arrangements
* Considers in particular the family home and chattels
* Includes planning strategies, examples and precedents
* Analyses the Pre-Owned Assets Tax problems for foreign domiciliaries resident in the UK
* Uses diagrams, flowcharts, worked examples and calculations to describe situations
More details
Edition
3rd edition
Language
English
Place of publication
London
United Kingdom
Publishing group
Sweet & Maxwell Ltd
Target group
Professional and scholarly
ISBN-13
978-0-414-04011-3 (9780414040113)
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Schweitzer Classification
Content
Part 1: A Career as a Solicitor; Why become a solicitor?; The view from the top; Part 2: First Steps; What does a solicitor do? A day in the life of.....; The route to qualification: the recruitment timetable; Part 3: Training; Law Society requirements; Do I need a law degree?; The law degree; The Graduate Diploma in Law (GDL); The Legal Practice Course (LPC); The training contract; Qualification and beyond; Part 4: Gaining Experience and Boosting your CV; Pro Bono work; Legal Experience; Non-Legal Experience; Part 5: Areas of Practice; Private practice; In house lawyers; Other employers; Practice areas; Part 6: Securing a Training Contract; What are firms looking for?; What is "commercial awareness" and how do you demonstrate it?; Targeting your applications; A first class CV; Application Forms; Vacation Schemes: a foot in the door; Preparing for interviews and assessment centres; Psychometric tests; If at first you don't succeed....; Part 6: The Future; The Legal Services Act 2007; The next generation of lawy