T: 01455 612000
BREALEY FOSTER & CO LTD
ADVISORY - TAX AGENTS - ACCOUNTS
No time to lose!
Tax service for your family. Accountancy services for business
New? Our entrance is in the Horsefair. There is Parking nearby at Hinckley Sainsburys 20 Rugby Road, Hinckley, LE10 0QG
Since 1999 the firm has taken 1-2 students of the Accountancy and Finance Course on a yearlong work experience placement. Students return to Sheffield Hallam University to win first class degrees and win places in Big 4 and top 20 Accounting firms.
Still time to make the months budget
Brealey v Shepherd & Co, Shepherd & Co v Brealey
The Brealey estate itself is an unremarkable one consisting principally of the family home worth the value of the average London property.
The case itself is also fairly unremarkable one of a straightforward s71(3) assessment of costs charged to estate funds following the rejection of administration accounts by all the beneficiaries who are Mr Brealey and his adult children.
However the case has attracted four significant judgements in the SCCO, High Court and Court of Appeal. Litigation was thought necessary by the executors (though not by Counsel the executors consulted) in November 2015 when Mr Brealeys estate share rose to 44% being a majority of the adult beneficiaries.Costs of administration reached £153,000 in addition to some £40,000 litigation costs.
The case is one of two leading cases of the day. There is more information in the Gazette Article dated 29th August 2024 Link here
