The Dormant Assets scheme was originally introduced by the Dormant Bank and Building Society Accounts Act 2008 (“2008 Act”). The aim of the Scheme was to allow social and environmental causes in the UK to benefit from ‘dormant assets’ of which Banks and Building societies had been unable to reunite with their owners. The Dormant Assets Bill proposes to significantly expand the current scheme by allowing assets from additional sectors to be transferred to the Reclaim Fund (“RF”), to be subsequently distributed to British charities. The Government reports that “estimates suggest that an expanded Scheme has the potential to make around £880million available for social and environmental causes in the UK”, of which 8.4% would be attributed to Scotland.
I know, I know – who wants to read about trusts!? It’s either too boring or too complicated to get into and nobody really has enough time in the day to delve any further. But, please humour me – trusts are actually quite interesting and could be extremely useful for you and your loved ones.
Making the decision to start a family is an important and exciting life event. For some people, fertility treatment will become a necessary part of the process, and if that is the case for you it may be even more important to consider the terms of your Will.
Lindsay MacNeill outlines the importance of adequately planning any return to the office, including assessing the associated risks, and establishing sufficient control measures to limit transmission.
