News & Views

All posts by Raveet Phull

Working out of Sherrards’ St Albans and London offices, Rav is an experienced Private Client Solicitor who deals with all matters related to Estate Administration, Trusts, Tax planning, Will drafting, Lasting Powers of Attorney and Court of Protection applications.Rav has a special interest in Trust creation and administration and enjoys dealing with complicated international Estates.Rav is a full member of the Society of Trust and Estate Practitioners (STEP) – a mark of quality in the field of Private Client law. Rav is also a member of The Private Client Section of the Law Society.

Sherrards’ Private Client team raises £3,650 for Rennie Grove Hospice Care

In February this year, Carolle Harris, Nicole Marmor and Raveet Phull completed over 40 free Wills for clients during the Rennie Grove’s “Make Your Will Month”, raising an impressive £3,650 for the charity. Rennie Grove raised a total of £18,300 from the scheme which is going to be used to support the charity’s many services. …

Sherrards’ Private Client team raises £3,650 for Rennie Grove Hospice Care

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Inheritance tax and the Residence Nil-Rate Band (RNRB)

As we reported in 2015, a new RNRB is being introduced from 6 April 2017. The previous blog goes into detail about how the RNRB will apply to estates, this post will focus on recent developments. The “Residence” The property doesn’t actually have to be the deceased’s main residence or owned for a minimum period. …

Inheritance tax and the Residence Nil-Rate Band (RNRB)

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Permanent Non-Dom Tax Status Abolished – New Deemed Domicile Rules

The dictionary definition of domicile is a place of residence. Legally, broadly speaking, it is an individual’s permanent home. The concept has applications in all areas of law, such as marriage, wills and succession. It is also widely used to determine an individual’s liability to various taxes in the UK. Domicile can be determined in …

Permanent Non-Dom Tax Status Abolished – New Deemed Domicile Rules

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Supreme Court ruling – Ilott v The Blue Cross & Others explained

In July 2015 we reported that the Court of Appeal had increased the amount awarded from the estate of a deceased mother in favour of her disinherited estranged daughter. The Supreme Court has now reversed that decision, reverting to the original County Court award. Mrs Ilott was originally successfully awarded £50,000 in the County Court …

Supreme Court ruling – Ilott v The Blue Cross & Others explained

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Lasting Powers of Attorney (LPAs) for business interests

A business owner may have had the foresight to purchase Key Person Insurance, but this will not assist with the practicalities of running the business if that key person is ill or injured and unable to work or take decisions. For that reason, LPAs are frequently being used by prudent business owners to protect their …

Lasting Powers of Attorney (LPAs) for business interests

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Why don’t people trust Trusts?

Following the 6th Duke of Westminster’s death last month, there was a media outcry about the lack of inheritance tax (IHT) his estate will be paying. Without the use of trusts, exemptions and reliefs his £8.3 billion estate would have been subject to a £3 billion inheritance tax (IHT) bill. The exact details are yet …

Why don’t people trust Trusts?

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