An Introductory Guide to Legal Rights - Avoiding the Hidden Traps for Private Client Professionals in Scotland

Introduction

Legal Rights is a uniquely Scottish concept, and whilst it seems like a simple means of avoiding disinheritance on the face of it, the concept (and calculation) has several hidden traps!

This new webinar will highlight some of the main issues to watch out for.

It is suitable for private client practitioners, particularly those who deal with will drafting, succession planning, and estate administration.

What You Will Learn

The webinar will cover the following:

• A reminder of the principles and the basic calculation
• What constitutes ‘moveable property’ and issues around gifts and trusts
• When might heritable property be ‘moveable’?
• What deductions can be made to ascertain the ‘net’ moveable estate?
• The concept of collation

This webinar was recorded on 23rd March 2022

You can gain access to this webinar and 1,700+ others via the MBL Webinar Subscription. Please email webinarsubscription@mblseminars.com for more details.