Private Client Issues - August 2018
Welcome to this month's edition of Private Client Issues, Blake Morgan's monthly round-up of the topics you may find of interest. Insight and advice on developments affecting private individuals.
Supreme Court rules on who can decide to withdraw life-sustaining treatment
A landmark ruling by the Supreme Court confirms that legal permission is no longer needed before withdrawing certain treatment from patients with severe illnesses, where doctors and relatives are both in agreement. Blake Morgan looks at this hugely important decision and also what steps you should consider putting in place should you lose capacity to make your own decisions about medical treatment.
Residential care capital limit increases in Wales
The Welsh Government has advised that people in residential care in Wales, will see their capital limit increase from £30,000 to £40,000, meaning that they will be able to retain a further £10,000 of their capital (or savings) before having to pay care home costs. Blake Morgan looks at how the capital limit might affect you and how this compares to England and Scotland.
For richer, for poorer…even after divorce?
Following divorce, can a payer of maintenance be forced to subsidise the recipient's financial mistakes? Blake Morgan looks at a recent landmark case where the Supreme Court ruled against increasing spousal maintenance.
The benefits and pitfalls of new build properties
UK Finance has announced that first time buyers accounted for over 50% of all new residential mortgages in the first quarter of 2018. Recent government led initiatives have resulted in first time buyers becoming a significant proportion of the buyer market, particularly within the new build sector. For those taking their first steps on the property ladder Blake Morgan looks at the benefits and pitfalls of new build properties and how to minimise risk when purchasing.
You can't be forced into marriage but can you be forced to stay in marriage when you are desperately unhappy?
Blake Morgan looks at the much reported case of Owens v Owens, in which the Supreme Court ruled that a woman must remain married to her husband.
Chambers High Net Worth 2018 names Blake Morgan as leading private client lawyers
Blake Morgan has once again been named in Chambers and Partners High Net Worth 2018, the authoritative guide to private wealth advisers, as leading private client lawyers. Read more about our success on our website.
If you are impacted by any of the above topics or you would like further information on how we can help you, please contact your usual Blake Morgan adviser.