It is worrying to think about what would happen to your personal affairs and finances if you were to lose mental capacity. But what about the stability of your business and the financial future of it and any employees?
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Read jargon-free articles and guidance pieces written in-house by our solicitors and keep up to date with what's happening at Neves.
When we are drawing up Wills for clients who have children and grandchildren, we find that most of our clients want to benefit their family, and if possible pay as little Inheritance Tax as they legally can, so that future generations can benefit from the value of their property and their life savings.
Family arbitration is a method of resolving a dispute and an alternative to going to court where mediation and /or negotiations between parties, with or without their solicitors, have failed to result in an agreement. A separating couple can use this service perhaps where they have a dispute over finances or over the arrangements regarding the children, following the breakdown of their relationship.
Thinking and talking about what would happen if you lost your mental capacity to make decisions about your property and financial affairs and health and welfare can be very uncomfortable. However, it is far more important to think about how much worse the situation would be for you if you suffered a stroke or was involved in a serious accident or had dementia without making LPAs first.
Cohabiting couples are officially the fastest growing family type and whilst it’s the preferred option for many, there are some legal issues cohabiting couples should consider.
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