09.30am CHAIRMAN'S INTRODUCTION

CAPITAL TAX PLANNING - LATEST REVIEW

FURTHER DETAILS TO FOLLOW

Chris Whitehouse, Barrister, 5 Stone Buildings

INTESTACY & PROBLEMS OF THE ADMINISTRATION PERIOD

The Law Commission Consultation Paper has reviewed the law on intestacy, cohabitation and Inheritance Claims and highlighted some problems. This session looks at these and other problems of the administration period and at some coping strategies.

• Will drafting to avoid intestacy

• When is there a surviving spouse/civil partner?

• Who is a child? Effect of Human Fertilisation & Embryology Act 2008

• Problems of the statutory trusts: Civil Law Reform Bill

• The disappointed spouse:

  do I have to sue my children?

  alternatives to costly litigation

  post-death variations: how and when to use

• What is the Law Commission proposing and do I need to worry about it?

Professor Lesley King, Private Client Practice Head, College of Law

THE FAMILY HOME IN TAX PLANNING

• When to use the family home in tax planning

• Sharing arrangements within section 102B of the Finance Act 1986

• Family debt arrangements

• Other sophisticated planning

• Equity release

• Revertor to settlor update

Amanda Hardy, Barrister, 15 Old Square Tax Chambers

TRUSTS UPDATE - TO INCLUDE THE PERPETUITIES & ACCUMULATIONS ACT 2009

• Perpetuities & Accumulations Act 2009

• STEP provisions 2nd Edition

• Trusts (Capital & Income) Bill

• The 50% income tax rate

• Recent cases

Gill Steel, Solicitor, Practice Management Consultant and Tax Specialist

CHANGES IN THE IHT PENALTY REGIME

• New Penalty Regime 1 year on

• Where penalties will arise

• Press comments

• Recent case law

David Wright, HMRC

THE 2010 REVIEW FOR MENTAL CAPACITY ACT 2005 IN PRACTICE

• Case law update - Court of Protection and OPG decisions

• When to revoke, register and/or release the LPA to the attorney?

• Financial abuse - how to minimise the risks

• Gifting property and assets - what type of court applications do you need to make?

Helen Clarke, Solicitor

5:00pm CLOSE OF PROCEEDINGS