You may wish to make a gift of money or property to your family whilst you are alive, and you may wonder what, if any, the financial implications may be. Did you know that some lifetime gifts may still require inheritance tax to be paid on them?
We understand that going through divorce or separation is painful and scary. The legal process can seem difficult and intimidating. Added to this is the unknown factor of how expensive it is going to be.
The ‘no fault’ divorce becomes law under the terms of the Divorce, Dissolution and Separation Act 2020 in April this year, meaning that couples will be able to get a divorce without having to blame the other person for what went wrong. If you are separated and planning to divorce, the question is – should you wait?