Join Peter Lowe, Senior Partner and Lucy Compton, Senior Paralegal in our Family team at Wright Hassall as they discuss a few recent reports highlighting concerns around divorce as well as some shocking statistics they have uncovered.
If you have worked hard all your life to build a business, it is entirely reasonable to want to ensure that you and your family keep your hard-earned gains when you eventually sell.
Court cases involving family trusts might be presumed to be rather dry. Not so. Many family-related disputes involve an unavoidable amount of dirty linen being washed in public as each side seeks to gain the advantage. In Marcus v Marcus, a new level of intimate detail was revealed as the court had to consider if the alleged illegitimacy one of the parties precluded them from benefiting from a Settlement Trust.
The ‘nesting’ divorce trend has recently resurged in popularity. Also sometimes referred to as ‘bird nesting’, this method after divorce or separation enables the child(ren) to remain living in the family home with each parent alternating staying in the property for their agreed part of the co-parenting schedule.
This podcast is part of our Family Law Series in which we will be guiding you through the treatment of pensions on divorce and sharing practical information to help you understand your options and the process involved.
A person making an application for financial provision under the Inheritance (Provision for Family and Dependants) Act 1975 (“the Act”) should first consider the value of the deceased’s net estate.
The period following the death of a family member is understandably emotional and tensions can be stoked by perceptions of unfair treatment even when the instructions set out in a will are being followed to the letter.
Farming disputes take many forms: a dispute between the partners or family members following a death or the breakdown of a relationship; the dissolution of a partnership; or when a promise of inheritance is broken. The background to a dispute will help to determine the best way of resolving it – and mediation could be the most constructive method, not least as it can go some way to help mend family ructions.
There are several reasons a farmer might consider setting up a joint venture: they may need more resource (monetary, machinery or simply more manpower); it might enable an aspiring farmer to get a foot on the farming ladder (which would otherwise be prohibitively expensive); and a JV can help a family farm to navigate a potentially difficult period such as a death in the family.
In this article, we outline 15 reasons why writing a Will should be a priority. From deciding who receives your assets to appointing guardians for your children and even reducing Inheritance Tax, a well-drafted Will provides clarity, control, and peace of mind for you and your family.