Navigating the process of dividing assets following divorce is never easy, but if you have capital tied up in investments, property, and businesses, reaching an agreement in the midst of market turmoil can make matters more difficult.
By embracing the opportunity to create new beginnings after your divorce, you can move on with your life, create physical and emotional separation and avoid unnecessary conflicts with your ex-husband or wife.
When deciding whether to set up a trust, there are a number of additional considerations to bear in mind. In terms of cost, Wills are generally more affordable than trusts, making them available and accessible to more people.
There is no doubt that divorce or dissolution can be a deeply challenging and emotional process. Using mediation, however, to reach an agreement on important matters such as child arrangements, property, and finances can take much of the heat out of the whole process, rather than relying on the courts to find a resolution.
The nation's Will statistics are not reassuring. According to recent research by Canada Life, half of all adults and around one-third of those over 55 in the UK do not have a Will.
Anyone who has ever experienced divorce first-hand will tell you that it is an emotionally charged process that can have a lasting impact on your life and the lives of your children.
Inheritance tax is a subject that stirs both controversy and confusion in England and Wales, just as it does in many other countries around the world. It is a fiscal policy that impacts people and families on a deeply personal level and has fuelled debates among economists, policymakers, and the public alike.
Your Family Law Solicitor can assist you with negotiating child arrangements that will work for the whole family. Once you and your spouse have agreed on matters such as who the children will live with most of the time and when the non-residential parent will have contact, an application for a Child Arrangement Order can be made to formalise the agreement.
Comprehensive estate planning is crucial for those wanting to protect their families and assets after they die. At the heart of any estate plan lies a legally valid and up-to-date Will.
KLR Solicitors
is an award winning firm of solicitors specialising in Family, Matrimonial, Divorce, Children Act Proceedings, Financial Matters, Injunctions, Will Drafting, Wills Administration, Employment, Conveyancing
and Immigration law.