Blogs
Most Trusts must be registered with HMRC to ensure that the Trustees, and the Trust itself, are complying with anti-money laundering regulations. In this blog we focus on the registration of non-taxable Trusts, which is a Trust that has no UK tax liability. Below we set out some key information in respect of registering a non-taxable Trust with HMRC. Trusts can […]
I’m going to start by saying how important it is to ensure that you have a Will in place. Unfortunately, sometimes our loved ones put this off, believing it to be onerous, or not appreciating that the inevitable is sooner than they thought. What happens is there is no Will? We would always advise carrying out a […]
I’m going to start by saying how important it is to ensure that you have a Will in place. Unfortunately, sometimes our loved ones put this off, believing it to be onerous, or not appreciating that the inevitable is sooner than they thought What happens is there is no Will? We would always advise carrying out a […]
A recent case has emphasised the potential issues and pitfalls that can arise from homemade DIY wills as there are no lawyers involved in the Will drafting process. In the case of Henrietta Ingram & Anor v Simon Timothy Abraham & Anor, Joanne Abraham passed away in 2021. She left behind two children, Henrietta and […]
It is important to understand that there is no legal definition of fairness, however it is determined on a balance scale. The starting point for division of matrimonial assets is 50/50, however there is the potential to depart from equality in certain cases depending on the circumstances of the matter. The Matrimonial Causes Act 1973 […]
Depending on the circumstances, you may not need to sell your house, however this cannot be guaranteed as every situation is different. After the assets of the marriage have been established, the next consideration is how the assets will be divided, including whether the house needs to be sold, or if one party stays in […]
The decision to separate or divorce is a personal one which can only be made by the individuals involved. If you decide to separate, then you can do this informally and reach agreement as to how your assets are to be divided. It can often be too soon to think about divorce, and if this […]
During a divorce or separation, it is often extremely difficult to navigate arrangements for children. Arrangements may include how often the children spend time with both parents, deciding who the children are going to live with, or how the care of the children is to be shared. If there are difficulties in agreeing these arrangements, […]
There is no one, simple answer to this question, as it is very difficult to know what each person is entitled to as this depends on individual circumstances. The starting point for dividing matrimonial assets is 50:50. Matrimonial assets include things such as money (including savings and investments), property, pensions, businesses, vehicles etc. The Court […]
