8 September 2023 Insight Happy 1st Birthday to the HMRC’s Trust Registration Service (TRS)! Don’t be caught out. The initial deadline for the TRS registration system was on 1 September 2022. One year on, it’s worth reminding trustees of their obligations and some best practice. Bookmark this page 2 min read
24 August 2023 Insight The risks of declining capacity for business owners Running a family business can be, by nature, a way of life for many, and for that reason it can be a wrench to give it up. For many involved in a family business, retirement is something difficult to consider, and even more difficult to do, even well past what most would consider a usual retirement age. While entirely understandable, this later exit from the business means that risk of declining mental capacity in those still actively running a business is a real and recognised challenge. Bookmark this page 5 min read
17 August 2023 Insight Trades Union Congress calls for national conversation on taxing wealth The Trades Union Congress (TUC) has published potential options for taxing wealth. This includes a one-off wealth tax based on Spain’s existing “Temporary Solidarity Tax” wealth tax model. Bookmark this page 2 min read
21 July 2023 News Mills & Reeve advises Leeds deep tech firm on its £21m Series A fundraising We've advised Yorkshire company, Optalysys, on a £21m Series A funding round. Bookmark this page 3 min read
12 July 2023 Insight Disputing the validity of Aretha Franklin's two hidden Wills When the ‘Queen of Soul’, American singer-songwriter Aretha Franklin died in August 2018, it was thought that she had died intestate, or without having a Will in place. However, it was found that she had prepared two handwritten Wills, one that was supposedly locked away in a cabinet and the other hidden under the cushions of her sofa. Bookmark this page 4 min read
16 June 2023 News Our market leading private client team in Birmingham welcomes three new hires Catriona Attride, Bhavini Washington-Smith and Sarah Gale join from Gateley to continue the growth of Mills & Reeve’s private client services for local and national business owners. Bookmark this page 3 min read
1 February 2023 Insight Now What? – The Contesting of Lisa Marie Presley’s Will (Lessons for English Law Testators) Priscilla Presley, mother of the recently deceased Lisa Marie Presley, has launched a legal challenge to contest the validity of her late daughter’s Will. The challenge relates to a 2016 Amendment to her daughter’s Will which has the effect of removing Priscilla from her role as trustee of her daughter’s estate, significantly reducing the say that she has over how her daughter’s estate will be managed. Bookmark this page 5 min read
19 January 2023 Insight Disagreements between joint executors an overview of an executor’s duties and responsibilities, the types of disagreements that may occur between joint executors of an estate and what options are available to aid resolution. Bookmark this page 4 min read