Private Client Issues – January 2019
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.
The rise of predatory marriages and how they can affect Wills
Campaigners are hoping to change the law in order to protect vulnerable testators and their families from exploitation by ill-intentioned individuals entering into a marriage for financial gain.
Mary Poppins Returns – a hidden probate message?
We take a look at what the role of a probate lawyer could have done in Mary Poppins Returns. The film would have been less exciting but any family law issues would have been resolved and the Banks family would have had peace of mind!
“Joint Borrower Sole Proprietor” mortgages and living together agreements
Our family law experts examine the use of a “living together agreement” in connection with a joint borrower mortgage for an unmarried couple, where only one of them is to own the property.
Why you won’t be able to swear in front of a solicitor for too much longer
The Government has recently announced changes to the procedure for applying for a grant of probate in England and Wales. The Non-Contentious Probate (Amendment) Rules 2018 form part of the Government’s continuing project to modernise the probate process.
When a child has a baby, does the Court place them in a special category?
In a recent case, a decision has been made that it is not necessary for a Local Authority to inform a father of his baby’s birth. The baby was born to a mother aged 14 years, without knowledge of the father, aged 15 years. The mother had not been aware of the pregnancy until the birth.
Bank of Mum and Dad: Concessionary Purchases
Occasionally Mum and Dad own a family home which could be transferred to a son or daughter when Mum and Dad downsize. In these situations it is not uncommon for the parents to agree to transfer the property at undervalue, with the rest of the value effectively being a gift.
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.
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