The Coronavirus Job Retention Scheme is a lifeline for many, but if you are paying maintenance to your ex spouse, in addition to trying to cover your own mortgage and outgoings, then you are going to be hit very hard, especially if you previously enjoyed an income over £30,000 p.a.
Pension sharing orders have been in existence now for well nigh 20 years since their introduction on 1 December 2000. The aim was, as the name suggests, that pensions could be split or shared going forwards, to create fairness between spouses and civil partners on divorce or dissolution. However, research highlights that pension inequality is rife, both in general terms and subsequent to divorce.
The arrival of the coronavirus pandemic and the resulting social distancing measures have meant that many couples have had to postpone their wedding date. Whilst disappointing, this does give couples the opportunity to consider whether a Pre-Nuptial Agreement would be appropriate for them.
Getting your business ready for sale is a daunting prospect. Unless you have sold one before, you may not know what to expect. Luckily, there are steps you can take to ensure that you set off on the right foot for a streamlined sale process, with minimal stress and delay.
If you sell or give away assets like shares or property which is worth more than it was when you acquired it, Capital Gains Tax (CGT) may be due.
On 9 January 2020, the Law Commission, published their report on options to reduce premiums payable by flat owners (“tenants”) to their landlords to extend the term of their lease or buy their freehold interest.
Unfortunately, given house prices and stricter mortgage requirements, many couples find that when they separate, they have to leave their family home in their joint names, with the person that has moved out of the property having to rent a separate property.
TWM’s Family team discusses family mediation and how to cut your legal bill without cutting corners.
We are often asked to advise employers and employees about long term illness in the workplace.
Dividing up your finances in a separation or divorce situation is one of the biggest financial decisions you may make in your life. It can be difficult to weigh up the options that are being put before you and the advice that you are receiving.
TWM’s Family team explains what separating parents can do to minimise the stress for children.
What is it? Japanese knotweed is an invasive, non-native plant that can cause physical damage to buildings and land, which in turn affects the value
Our featured media coverage:
In a recent IFA Magazine article, David Lunn, Managing Associate in Private Client at TWM Solicitors, warns that intestacy laws often exclude unmarried partners, urging people in long-term relationships to create a Will to protect their loved ones.
In Money Marketing and Citywire, Laura Walkley, provides insight into the implications of the government’s decision to halve the Inheritance Tax (IHT) relief on AIM-listed shares from 100% to 50%, effective April 2026.
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