Our news section features regularly published articles related to Wills and other legacy planning topics relevant to Cyprus and the UK.

UK & Cypriot Wills and Legacy Planning News

Maplebrook Services

HMRC Plans Restrictions on IHT Benefits of Trusts for UK Employees

HMRC has published proposed measures to limit the use of employee ownership trusts and employee benefit trusts for tax avoidance purposes.

Wayne Barnett FCA | MIPW | STEP Affiliate

Euthanasia and Domicile

In cases where a person travels from their Domicile of Choice country to another country for euthanasia purposes, Domicile can be affected.

Wayne Barnett FCA | MIPW | STEP Affiliate

What is Probate?

Probate [Latin for Proof] is the legal process to deal with someone’s property, money and possessions (their ‘estate’) when they pass away.

Wayne Barnett FCA | MIPW | STEP Affiliate

Cohabiting: Owning a Property as an Unmarried Couple

In the last 20 years the number of people over the age of 70 cohabiting with partners has increased, potentially putting their homes at risk

Wayne Barnett FCA | MIPW | STEP Affiliate

Potentially Exempt Transfers (PETs)

Potentially Exempt Transfers enable individuals to give gifts exempt from UK Inheritance Tax if they survive for 7 years afterwards.

Wayne Barnett FCA | MIPW | STEP Affiliate

Inheritance: 'tis the Season for Giving

There are tax advantages in passing on wealth during lifetime, especially if the parent is UK domiciled or is somehow subject to UK IHT.

Wayne Barnett FCA | MIPW | STEP Affiliate

British Expats Can Remain UK Domiciled Without Realising

When a British expat remains UK domiciled, it can result in their estates being liable to UK Inheritance Tax (IHT) at 40%.

Wayne Barnett FCA | MIPW | STEP Affiliate

How to Save 10% on UK Inheritance Tax

Leaving a part, or your entire estate to charity can reduce, and in some situations, eliminate the Inheritance Tax liability entirely.