Regardless of personal opinions and reasons for deciding to marry or not to marry, the law simply does not recognise cohabiting couples when it comes to inheritance.
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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.
It is often the case that parties to a divorce do not have the same financial resources at their disposal, for example, one party may have been a stay-at-home parent allowing the other to climb the career ladder to a well paid job. Similarly, one party may have a steady, ready income whereas the other may have money, but that money may not be readily accessible for instance where it is tied up in property.
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?
The fact that Neves is 150 years old this year led us to wonder what events were going on in the country in 1867, and so we took to a very popular internet search engine to find out!
Most of the events which popped up were political, so it may be considered a little impolite to discuss them in our blog, but there was one notable event involving the famous Thomas Barnardo which caught our eye.
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.
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