Blogs
Most people understand that Stamp Duty Land Tax (SDLT) is a tax that you pay when you purchase residential or commercial property. Many people aren’t aware that it is also payable, subject to minimum thresholds being met, by a tenant upon acquiring a new commercial lease. SDLT is imposed on the value of the lease […]
Having the peace of mind knowing that, were you to become too unwell to care for our own matters, you have an appointed person who will care for your property, finances, health, and welfare were you unable to care for them yourself is important. A Lasting Powers of Attorney (LPA) is the legal document that […]
It is not uncommon to find families disagreeing on the way a deceased loved one should be memorialised. The added dimension of second family, or blended families, have increased the potential for conflict. However, more often than not, even if family members agree with cremation, it is the fate of the ashes that then becomes the point […]
Making a Will is one of those tasks that often gets overlooked, however the importance of having a Will is clear. Without a Will, your assets will be distributed following the rules of intestacy which might mean that your assets are passed to someone who you may not have chosen. However, whilst having a Will […]
It is important to consider protecting your wealth when you are getting married, especially in circumstances where there are significant assets, property, businesses or inheritance involved. Marriage is not just a romantic relationship, it also creates a legal and financial bond between two parties in which upon separation the starting point for division of finances […]
When a loved one dies, you assume that all their property and assets will pass in line with either their Will or the Intestacy Rules but this is not always the case. Some jointly owned assets will automatically pass to the surviving co-owner, regardless of what the Will or Intestacy Rules say. Firstly we must […]
In commercial property leasing, the Landlord and Tenant Act 1954 stands as a cornerstone statute, particularly concerning security of tenure – a concept that holds significant implications for both landlords and tenants. Let’s delve into what security of tenure entails under this landmark legislation and why it’s frequently excluded from commercial property leases. What is […]
We would all like to make gifts to our loved ones and often people would prefer to make such gifts during their lifetime, rather than after their death, so that they can witness the recipient’s enjoyment of receiving the gift. Lifetime gifting can also be a very effective way of reducing the value of a […]
When someone dies there are many things to be done, one being to arrange the funeral. But knowing the details of where to bury the deceased can be a challenge, especially if it’s unclear as to who owns the burial plot, if indeed a burial plot has been secured prior to the deceased’s passing. Perhaps […]
