HM Insights

Legal Insights & Industry Updates

Life, business and the law

The law never stands still, and the way it applies to you and your organisation is constantly evolving. Our people are on top of these developments and can keep you up to date with some of the most interesting aspects of these changes. Check out our articles and updates for our perspective on issues that might affect you.

Latest Coronavirus advice articles

  • Formal property valuations – when are they needed and are they even possible during lockdown?

    Formal property valuations – when are they needed and are they even possible during lockdown?

    A common question we often come across when dealing with estates and trusts is the question of when formal valuations are required, particularly with regards to property and contents. Estates will commonly include an interest in a property and everyone will own some personal possessions and contents. In addition, it is not uncommon for trusts to hold interests in properties.

  • Family Dynamics during a Pandemic

    Family Dynamics during a Pandemic

    The dynamics at play in relationships can be responsible for the breakdown of a relationship but also impact upon how the process of separation and divorce unfolds. Our Head of Family Law, Amanda Masson, explores these topics in conversation with Myra Eadie, family therapist.

  • What happens if my spouse excludes me from their Will?

    What happens if my spouse excludes me from their Will?

    In Scotland, you cannot disinherit your spouse or child therefore even if there is no provision for a spouse and/or child to inherit in your Will, they would have a right to a share in the moveable estate. This is an automatic right and is very different to the position in England and Wales, which you will see in the following example online here.

  • The British Business Bank 2020 Small Business Equity Tracker report

    The British Business Bank 2020 Small Business Equity Tracker report

    The British Business Bank released their 2020 Small Business Equity Tracker report on 26 June 2020, providing an in-depth assessment of equity finance markets for growing businesses throughout 2019.   In 2019, a record number of equity investments were carried out (1,832) reaching £8.4bn, up 24% on 2018 and over double the amount recorded in 2016.

  • Will my farmhouse be exempt from Inheritance Tax?

    Will my farmhouse be exempt from Inheritance Tax?

    The case of the William Charnley & Maxwell Hodgkinson as Executors of the Estate of Thomas Gill (deceased) v HMRC [2019] TC7425 explored claims of Agricultural Property Relief ("APR") and Business Property Relief ("BPR") against Inheritance Tax (IHT) in relation to farmhouses and outbuildings.