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Fergusson Law shares their latest news, the latest legal news and provides some legal advice on this blog.

Rik Mayall made no will. ..... Big tax bill

Read how Rik Mayall's family had a tax bill Click here to read a Telegraph article

How to reduce tax on your family assets.  First make a will.

  1. Give it all to your spouse
  2. Give it to your children or grandchildren and survive for seven years
  3. Put the assets in Trust
  4. Invest in AIM shares
  5. Give your income away

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Will Problems

Badly drawn up will and defective Trusts leave Peter Ustinov beneficiaries with nothing.

When Sir Peter Ustinov died in 2004 aged 82, he left  assets  worth tens of millions of pounds. It is now feared that his estate has been largely eroded as a result of a nine-year family dispute over the validity of Sir Peter's will, written in 1968 and amended subsequently by codicil in 1970.

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