A study by Canada Life in February 2024 revealed that 51% of adults in the UK do not have a will and of those, 13% have no intention of having one. So how do you ensure that you have a say in who inherits your assets? Dying without a will means that the state dictates who inherits what - and that may not be what you want. Making a will is the only answer.
The Justice Secretary, Dominic Raab, has today (23rd March 2023) proposed a new rule that would make it mandatory for separating couples to try mediation to settle their child custody and financial disputes, only seeking the court’s intervention as a last resort.
Siobhan Sibley, Senior Associate in our Private Client team is a member of the Association of Lifetime Lawyers (ALL) who are specialist lawyers trained to give legal advice to vulnerable and older people. In her latest article, she discusses why specialist legal advice for the elderly matters.
Typically, you would need to follow certain legal procedures involving the trust of land. TOLATA provides a framework for resolving disputes and making decisions regarding the management, sale, or transfer of property held in trust.
Trusts offer a wide range of benefits, from tax efficiency to control over asset distribution, making them an essential tool for wealth management and estate planning.
The festive season is a time of joy and togetherness, but for separated parents, it can also be a source of stress as they work out child arrangements. Ensuring that children have a positive holiday experience requires careful planning, communication, and a focus on their well-being,
Loring –v- Woodland Trust [2014] EWCA Civ 1314
The human and economic damage being wrought by Covid-19 is terrible and should not be understated. The depressed level of asset values and current tax reliefs do though mean that there are planning opportunities for far-sighted taxpayers.
Given that domestic abuse rates increase by around 26% when England win or draw and a staggering 38% when they lose, it is clear that football during the festive period could have very serious consequences for those in abusive relationships.
The Government made its hardline splash on cutting legal migration, allowed its liberal critics their airtime whilst publicly holding the line - and slipped in some concessions just as the electorate is packing up for the Christmas holidays and thinking about other things. So, what's new?