The decision to divorce is never easy. It’s an emotional rollercoaster, whatever your circumstances. Being in a relationship can feel like a comfort blanket, and separation can leave you with a cold sense of loss. You might be scared about starting again on your own, or excited, or both. If you have children you’ll be worried about the impact on their wellbeing, and you may also be worried about child and financial arrangements.
Trusts can be a useful way of maintaining an element of control over what happens to your assets when you die. They can also, if used correctly, be a good way to reduce your inheritance tax. In this blog we look at what trusts are and how they work, some of the different types of trust, calculating tax on trusts and getting the right advice. The rules surrounding inheritance tax planning are complex, and so it’s best to get tailored advice before deciding what’s right for you.
It is with great sadness that we report the death of our friend and colleague, Francis Whitehead, at the age of 55. We extend our heartfelt condolences to Brian his Partner and all his family. Francis fought his illness with courage and stoicism.
A person who occupies land belonging to someone else without permission (i.e., without a formal licence or lease, or a verbal consent) is a Squatter. A Squatter can become the lawful owner of land by virtue of adverse possession after a certain period of time. To be in adverse possession, a Squatter must show factual and physical possession of the land and at the same time, show that he or she has the necessary intention to possess the land, which means excluding everyone from the land, even the true owner.