Continue reading "Probate: Do ask, do tell"
Probate: Do ask, do tell
Hutchings v HMRC [2015] provides comfort for executors given inaccurate information by beneficiaries. Marilyn McKeever gives the lowdown ‘The tribunal concluded that Clayton chose not to tell the executors about the account in order to evade paying tax on the money. It considered that he never intended to disclose the gift to HMRC and, accordingly, …
Cases Referenced
Cases in bold have further reading - click to view related articles.
- Hutchings v HMRC [2015] WTLR 1359