Farm transfers and succession planning are amongst the biggest decisions a Farmer will have to make in the course of their lifetime. Farm Succession Planning should be a collaborative process and should include discussions between the family, Accountants, Famer Consultants and Solicitors. Succession planning should not be left until the last minute, i.e. the eve […]
The Non-Principal Private Residence Charge (NPPR) was an annual charge payable from 2009 to 2013. The charge was payable by those who owned more than one property, i.e. it was a tax on additional homes. There was an exemption for NPPR charge on everyone’s principal private residence. The NPPR charge is no longer in place […]
A partnership is defined in section 1(2) of the Partnership Act 1890 as a “relationship which subsists between persons carrying a business in common with a view to profit”. It is common for a business to be formed between friends or family members, most often by way of the formation of a limited liability company. […]
The Probate process, is the method by which an official authority, known as a “Grant” is issued by the Probate Office, to an individual authorising that individual to deal with a deceased persons estate. Contact us to update your will.
As is the answer to many legal questions, that depends! It depends on the type and the extent (amount) of property/assets they owned. As a rule of thumb, the greater the value/amount of assets owned, the higher the likelihood of the need to extract a foreign Grant. In order to have these assets released to […]
In circumstances where someone dies without having made a Will or has made an invalid Will, that person will be deemed to have died “intestate” and the Succession Act 1965 will kick in and it sets out the following; 1. Who is entitled to distribute your estate (assets); 2. Who gets what; Who can Extract […]
For most, buying or selling a house is something the majority of people will only do a handful of times, if that, during their lives. In the legal world, we refer to the process of buying or selling houses as conveyancing. The conveyancing process may sometimes appear complicated and shrouded in mystery. However, it need […]
Buying a property can be exciting as well as a challenge, especially when done for the first time. There might be some aspects which you don’t know, like hidden costs which could be daunting. We have put together a list of practical advice for the first-time buyers, to ensure your purchasing experience is as simple […]
What’s involved in probate, the process and pitfalls, the importance of wills and house titles.
If you’re considering purchasing a property that is under probate then this is invaluable information.
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