To Err is Human - David Wilson and Joanna Woods, Business Brief, May 2009
A trustee makes a disposition to an English resident beneficiary, unaware, as a result of incorrect legal advice, that the disposition will attract capital gains tax. Is there anything the trustee can do to turn back the clock and avoid a potential breach of trust/professional negligence action? What do HM Revenue and Customs have to say about this?
Find the answers to these questions in David Wilson and Joanna Woods’ article here.