Why should you make a Lasting Power of Attorney and what is the alternative?

A Lasting Power of Attorney is a legal document which allows you (the donor) to appoint one or more persons (the attorney(s)) to make decisions and to act on your behalf.

There are two types of Lasting Power of Attorney.

  • The Property and Financial Affairs LPA allows your chosen Attorney(s)…

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Gifting of Assets

Are you thinking of gifting assets? Perhaps you are thinking about gifting part or whole of a property to your children, for example. This is an area that is fraught with complications and risks. There are many things you need to be aware of before you proceed with any transaction.…

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Registration of the Birth of a Child

We are all aware of the complexities of registering a baby’s birth. It has to be done within 42 days of the baby’s arrival and if both parents want to be named on the birth certificate then they both need to attend the office of births, deaths and marriages. There…

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Government set to grab an extra £5 billion tax on residential sales in 20/21

The capital gains tax (CGT) laws on the sale of residential property are getting tighter in 2020.

First, buy-to-let landlords will lose out on letting relief, which historically has been a valuable relief. This is probably unlikely to impact on many of our clients, but it will hurt some.

Perhaps more relevant may be the reduction in the final period of ownership that automatically qualifies as a period of occupation to relieve CGT. Over about the last 6 years this period will have been reduced from 3 years to a mere 9 months. Many clients who would previously have had no CGT worries may find themselves caught. For example, elderly clients moving into a "granny annex" at a child's property will need to sell their home within 9 months of moving to be sure of avoiding CGT.…

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Child Arrangements for the Summer Holidays

Summer holidays, I hear you groan, however, July will soon be upon us and it is important to plan ahead. This is especially true for separated families, where arrangements need to be made to address what will be happening in respect of the plans for your children over the summer holiday period.

Consideration needs to be given to any foreign holidays planned and whether this is agreed with the other parent or whether an order from the court will be required before you can remove your child from the jurisdiction of England and Wales. The last thing you want is to get to border control and be refused permission to board your flight. If the other parent has parental responsibility for your child and you do not have a “Child Arrangements” (“Live With”) order, then you need their permission to remove your child from the jurisdiction of England and Wales, even for a holiday.

If it is envisaged that a dispute might arise between you and the other parent in respect of the arrangements for the summer holiday, then the best piece of advice is to PLAN AHEAD in an attempt to avoid any unnecessary distress and conflict. Any delay in resolving the arrangements is likely to exacerbate any dispute by putting unnecessary pressure on you due to the impending holiday. If you are unable to resolve matters via direct discussion, then there are a number of alternative options including solicitor-led negotiation, mediation, collaborative law, arbitration and, ultimately, a court application.…

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What is a Cohabitation Agreement?

Cohabiting families are the fastest growing type of family in the UK. Couples who are neither married nor in a civil partnership, but who live together are called ‘cohabitants’. Cohabitants have fewer legal rights than married couples and it may therefore be important to seek a cohabitation agreement which is…

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FREE Wills, Tax and Probate Presentations in March and April 2019

Meet the experts and get yourself organised.

Experts from our specialist wills, tax and probate team are delivering a series of free presentations in Brighton, Shoreham-by-Sea and Southwick during March and April 2019.

Not only will we explain the topics in clear understandable language but everyone who confirms their attendance…

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