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What is a reasonable financial provision from an estate?

In 2018 Pauline Lomax issued proceedings for reasonable financial provision from the estate of her late husband under the Inheritance (Provision for Family and Dependants) Act 1975.

The Ex-Files Episode 2; A Changing World (Part 2)

Join Peter Lowe, Senior Partner and Lucy Compton, Senior Paralegal in our Family team at Wright Hassall as they discuss a few recent reports highlighting concerns around divorce as well as some shocking statistics they have uncovered.

Personal tax planning on a business sale

If you have worked hard all your life to build a business, it is entirely reasonable to want to ensure that you and your family keep your hard-earned gains when you eventually sell.

The treatment of pensions on divorce

This podcast is part of our Family Law Series in which we will be guiding you through the treatment of pensions on divorce and sharing practical information to help you understand your options and the process involved.

A farmer’s guide to joint ventures

There are several reasons a farmer might consider setting up a joint venture: they may need more resource (monetary, machinery or simply more manpower); it might enable an aspiring farmer to get a foot on the farming ladder (which would otherwise be prohibitively expensive); and a JV can help a family farm to navigate a potentially difficult period such as a death in the family.

Inheritance Act 1975: what property is available for financial provision?

A person making an application for financial provision under the Inheritance (Provision for Family and Dependants) Act 1975 (“the Act”) should first consider the value of the deceased’s net estate.

Bankruptcy and a trustee's interest in the matrimonial home

One of the criticisms of the old insolvency regime was that a Trustee in Bankruptcy (“the trustee”), who had failed to immediately realise their interest in a bankrupt’s family home, was able to recover this interest several years after the date of discharge of the bankruptcy order.

Inheritance disputes: left out of a will?

If you believe that you have unreasonably been left out of a will, you may be able to apply for reasonable financial provision from the deceased estate pursuant to the Inheritance (Provision for Family Independence) Act 1975 (“Inheritance Act”).

Guide to property protection trust wills

A property protection trust will is a will designed to help protect your property from an assessment to long term care fees. The half share of the family home belonging to the first person to die, passes into the trust.

The Judgment of Ilott v Mitson & others: Facts in five

Following the Judgment of Ilott v Mitson & Others handed down on 15 March 2017, this has given rise to a number of legal questions for the profession and has caused those who may have a claim pursuant to the Inheritance (Provision for Family and Dependants) Act 1975, to ask “what does this mean for me?”