Gosden & anr v Haliwell Landau & anr [2021] WTLR 205
Spring 2021 #182The claimants brought a claim against the first defendant, a firm of solicitors, and against the second defendant, who was a partner in the first defendant firm, for damages for professional negligence in respect of a tax mitigation scheme known as an Estate Protection Scheme (EPS), by which it was intended that a property (the property) owned by the first claimant’s mother (the deceased) would pass on her death to the first claimant, with substantially less Inheritance Tax (IHT) being payable than if the property had been disposed of by will. The property remained registered in the sole...
Sheffield v Sheffield & ors [2013] EWHC 3927 (Ch)
July/August 2014 #141John Vincent Sheffield (JVS) and his wife Ann Sheffield bought 1,000 acres of land in Hampshire in 1968 as tenants in common, with JVS owning 25% and Ann 75% (the 1968 settlement). The land included two farms, numerous residential properties and some shooting rights over adjoining land. Ann died in 1969 and left JVS a life interest in her estate and thereafter to their son Julian. In 1971 JVS married France (who predeceased him) and he lived on the estate until his death in May 2008.
In May 1976 JVS agreed a farming partnership of the farming land on the estate. JVS was entitled ...