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A point in our favour if you’re considering remortgaging, equity release, or a transfer of equity is the fact that we’re on the panel for the majority of high street lenders. When the consent of your lender is required, this is a key advantage.
The law on dissolving a civil partnership mirrors that of divorce law with one exception: you cannot petition upon the grounds of adultery.
When separating, divorcing or upon dissolution of a civil partnership reaching a good financial settlement is vital.
Frequently referred to as a Living Will, an Advance Decision is a written statement indicating that in the event of a terminal illness, mental incapacity or permanent unconsciousness, you do not wish to be kept alive by artificial means or have your life prolonged by certain medical treatment.
Whatever the size of the estate, there is always the possibility of complex, emotional and drawn out disputes regarding Wills. Equally, where a Will hasn’t been made, the laws of intestacy may fail to protect the family of the deceased. Whatever your situation, we’re here for you.
In an ideal world, when someone you care for becomes incapable of managing their own affairs they will have a Lasting Power of Attorney in place. If they don’t, an application needs to be made to the Court of Protection to appoint a Deputy to handle that individual’s property and financial concerns.
When you pass away, you want to leave your loved ones as much of your wealth as possible. However, with Inheritance Tax (IHT) charged at 40% on estates worth more than £325,000, IHT can take a significant slice out of anything you wish to bequeath family and friends.
Have you considered what might happen if accident, illness or old age left you incapable of making decisions, and you didn’t have Lasting Powers of Attorney (LPAs) in place? The answer is that someone would have to apply to the Court of Protection to be allowed to mange your assets on your behalf.
The good news is that most of us are living longer. The less welcome news is that these extra years can cost us more in terms of paying for care, potentially leaving our children with little or no inheritance. Even when leaving an inheritance isn’t the number one priority, protecting your independence, dignity and self-respect is surely high on the agenda.
Making a Will is something many of us put off, continually pushing it to the back of our minds because we’d rather not think about what’s going to happen when we die. Which is understandable. However a Will is the single most important legacy you can leave your loved ones.
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10 July 2019
Fault Free Divorce – an Update
Back in April, the government announced new legislation to overhaul the divorce law in England and Wales.
30 April 2019
Steeles Law celebrates 50th anniversary
2019 marks the 50th year of providing solid and clear advice for life and business.
18 April 2019
Hadrian’s Wall Challenge: Blog
26 Miles: The Marriotts Way - An update from Fi on her and Alison's most recent training walk ahead of their Hadrian's Wall Challenge.
16 April 2019
What happens on the death of sole trader?
Many small business owners will be surprised to learn that technically, on the death of a sole trader, the business dies too; any assets that are owned by the sole trader are part of the estate of the deceased for which probate must be obtained.
9 April 2019
New legislation announced to overhaul divorce law
Today the government has announced new legislation to overhaul the divorce law in England and Wales. The news means that divorcing couples will be able to have a “fault free divorce” and will no longer need to blame each other for the breakdown of their marriage.
1 January 2019
FREE Family Legal Advice Consultations in Diss
Do you really know your rights when your relationship breaks down?