One of the most effective ways in which you can reduce the amount of tax to be paid by your estate after you die is by giving away cash or assets during your own lifetime. The effect of such gifts can be to remove their [...]
Being responsible for administering the estate of a loved one after they’ve died is no easy task, and not without risk, not least if they’ve left debts behind. It’s a common misconception that unpaid debts will be automatically written off on a person’s death, [...]
Being able to appoint a person to make important decisions on your behalf in the event of illness or accident can give you and your loved ones peace of mind for the future. For anyone who has already made provision for this in previous years, [...]
If you have recently separated, or are contemplating separating, from your spouse you may be concerned about the division of marital assets especially if you’ve inherited money or property during the course of the marriage, or are likely to do so prior to getting divorced. [...]
Buying a newbuild property not only means you will benefit from a brand new home to live in, it can also provide you with significant financial and practical benefits when compared with buying an older or resale residential property. Below we highlight some of the [...]
It has now been announced by the Government that the Divorce, Dissolution and Separation Act 2020, which allows married couples to divorce without ‘fault’ is to come into force on 6th April 2022, a delay on the previous date of implementation of Spring 2021. 6th [...]
According to recent reports, children could soon be in-line to be vaccinated against COVID-19, with clinical trials already underway to test the safety and efficacy of the vaccine in younger age groups. Subject to being given the medical green light, the government is then [...]
Whilst it is hoped that separated parents are able to work out arrangements for their children, there are unfortunately some cases where that does not happen. In some cases, this can be very severe, to the extent that the children no longer see both [...]
When writing a Will, consideration must be given not only to any physical assets that you would want your loved ones to benefit from after you’re gone, but also any digital assets. This could include, for example, bitcoins or other forms of e-currency that you [...]
Many clients who come to see us about Divorce proceedings do not realise that it is also important to formally settle the financial aspects of their marriage alongside the divorce proceedings. Even where parties are amicable and are able to easily reach agreement as to [...]