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Rayner my parade! The importance of specialist advice.
Jemma Brimblecombe
It has long been said that it takes a village to raise a child. It can now also be said that it takes a multi-disciplinary legal team to raise a child through a surrogacy arrangement.
Tax is rarely at the forefront of people’s minds at the end of a relationship. However, the breakdown of a relationship offers some tax planning opportunities which can reduce the tax payable on transfers of assets made as part of a divorce settlement and can affect how the settlement is structured.
In Budget 2016 the Government announced that from April 2017 the tax relief that landlords of residential properties get for finance costs will be restricted to the basic rate of income tax. On 20 July 2016, the new guidance was published and is summarised here.
Everyone is talking about Pokémon Go but no one is asking the most important question of all – what happens to your Pokémon when you die?
We previously discussed the merits of having a Lasting Power of Attorney (“LPA”) in place sooner rather than later to safeguard against future loss of capacity, whether that is from dementia or from an accident. There has been an overall increase in LPAs registered with the Office of the Public Guardian (“OPG”), but only 15% of the over 75s have an LPA in place. It is very important that people have registered LPAs, but in light of recent statistics from the Health and Social Care Information Centre (“HSCIC”) the important message to those of you deciding who should be your attorney(s), is to choose somebody that you trust.
Jemma Brimblecombe
Charles Richardson
Oliver Oldman
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