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Topic: Assets


  • Rebecca Gunn - Residential Conveyancing
    Why make a Will?
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      Why make a will?   You spend your lifetime carefully managing your money and building up your estate but imagine if on your death it is all given to someone you never intended to inherit it and potentially leaving out your loved ones.   Without  a Will, your assets will be shared according to… Learn more

  • Emma Fuller - Wills, Probate and LPA
    What is Probate?
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    Probate is not always required on the death of a person. It will depend on the assets owned by the deceased. If a property is owned jointly as joint tenants this will pass automatically on the death to the surviving joint owner. All bank accounts which are held in joint names again pass automatically to… Learn more

  • Faye Williamson - Family Law
    Financial disclosure is a must when getting divorced
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    When dealing with the matrimonial finances I always advise my clients that the only way to fully protect themselves is to go through the process of financial disclosure (gathering together documentary evidence of all assets, income, liabilities, pensions etc and disclosing them to your spouse and vice versa). Many divorcing couples do not wish to… Learn more

  • Faye Williamson - Family Law
    Business Protection on family breakdown
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    We are often asked how best to protect business interests to safeguard in the event of a breakdown in a family relationship, typically a breakdown of a marriage. Cohabitees can also make claims to a share in a business they may have worked in or on. These claims are hard to mount successfully but the… Learn more

  • Faye Williamson - Family Law
    What happens to your finances when you get divorced?
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    Many people believe that once the marriage is dissolved their ex-spouse will no longer have a claim on their finances. This is not necessarily the case. If the finances are not dealt with on divorce then your ex-spouses claims remain open on you and your claims remain open upon them. There are certain conditions which… Learn more

  • Andrew Robinson - Employment Law
    Ask Eleanor: My partner has died without a will – can I get anything?
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    If a person dies without making a valid will, any assets they have will pass under the rules of intestacy which specify which people will get what amounts. However, the list of potential beneficiaries only includes family members, meaning an unmarried partner will not automatically receive anything from the estate.   There may be an… Learn more

  • Emma Fuller - Wills, Probate and LPA
    What is intestacy?
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    When a person dies who having not made a valid will or other binding declaration and they own property greater than the sum of their funeral expenses and enforceable debts the estate will go into Intestacy.   Intestacy law; also known as the intestate succession statutes and the law of descent and distribution, uses the… Learn more

  • Emma Fuller - Wills, Probate and LPA
    What to consider when making a Will
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      When making a Will you will need to consider the following   What assets do you have? Are they in your sole name or jointly owned. Assets include everything you own or have an interest in, for example your home, share, insurance  policies, pensions and savings What does you estate amount to in value?… Learn more

  • Faye Williamson - Family Law
    A matter of Trust
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    With the rise in the number of people protecting their assets from excessive Taxation by the use of Trusts family lawyers are finding the unique problems they create quite a challenge .   Most children would not see their parents matrimonial home as belonging to the children at least while the parents were still alive… Learn more

  • Leanne Hathaway - Tax and Trusts
    Five things you should know about asset protection trusts
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    Trusts are often established as part of the estate planning process, and can be used as a tax-efficient means of passing on assets such as land, money and shares to your Partner or children. Tax aspects aside, they offer valuable asset protection in all manner of circumstances: 1. Lifetime trusts and elderly care assessment Assessment… Learn more

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