Protecting your interest in a property with a Declaration of Trust
When more than one person owns an interest in a property, they need to consider how they want to hold it. There are two ways in which a property can...
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Moving into a nursing home, often a taboo subject amongst families and friends, can be a difficult and stressful time. Talking through your options with a legal adviser early on can help protect you, and the ones you love, in the future.
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Have you ever wondered who would look after finances or your home if you were either physically unable to manage them yourself or if you became ill or had an accident and you lost capacity? Having an LPA in place in advance is always advisable and will mean it can be used immediately when needed.
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We all often feel under pressure for time these days, and making a will always seems like something you can put at the end of your to do list. Don’t procrastinate any longer, you need to make sure that when you die your wishes are carried out and your loved ones know what you would like to be done.
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It may be a surprise to many that the often referred to status of ‘common law spouse’ does not exist in law. It is therefore important that people living together take steps to protect not only their partner’s position but also their own if something untoward should happen to the other.
Continue readingFrom 6 April 2017 a new Inheritance Tax allowance called the Residence Nil Rate Band (RNRB) will be available to anyone who leaves a residential property or an interest in residential property to their descendants or to the spouses or civil partners of their descendants in their will.
Continue readingHow Long Does Estate Administration Take With a Property to Sell?
If an estate includes a property that needs to be sold, obtaining probate and finalising estate administration typically takes between 9 and 18 months, although every estate is different. The...
What happens to the Family Home in a Divorce?
Dividing the family home is one of the biggest concerns for people going through a divorce. For many couples, the house is their most valuable asset. It’s also where children...
First Steps to Separation: A Free Online Webinar
WSP Solicitors, Meta Advisors and Clarity with Claire have joined forces to host a free online webinar designed to help people navigate the early stages of separation with greater confidence...
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