Regardless of any animosity during divorce proceedings, the death of an estranged spouse can be incredibly distressing, not least because this can create even greater uncertainty within an already difficult and complex process. Below we look at why. What are the rules relating to death in divorce? In divorce proceedings, you will remain legally married…
View Post
As the law currently stands in the UK, inheritance tax will be payable on your estate, typically at a rate of 40%, on anything over and above the threshold of £325,000. This is known as the nil-rate band. As such, if the net value of your estate falls well below this threshold, your worldly wealth…
View Post
A Will isn’t purely a document to deal with the distribution of property after death. It’s also an opportunity to provide for relatives and dependents. If you have children under the age of 18 then a guardianship clause in your Will could be essential. What is a guardianship clause? If you have children under the…
View Post
Nelson Law Firm Farnworth Rose has seen a dramatic increase in the number of new residential property instructions received over the last four weeks since lockdown restrictions were eased. The department has already provided twice the number of quotes in June compared with the whole of May. Janet Lalor, Director commented: “It’s fair to say…
View Post
Late last week the government issued its guidance on how the new Coronavirus Job Retention Scheme will operate and how flexible furlough arrangements will work from 1 July 2020. The key points to note are: Only employees who had been furloughed for a minimum of 3 weeks prior to 30 June 2020 are eligible to…
View Post