It is human nature to think “it will never happen to me”, but it is a sad fact of life that an increasing number of us may, at some point, have a loved one that may go into a residential care home or require care and support in their own home. This may be due to illness, old age or perhaps as the result of personal injury or an accident, and it often happens at the most inconvenient of times.
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There is definitely speculation about potential changes to IHT. We have not seen major change since 2017. But what could happen now?
Capital Gains tax does not just apply to properties, but also to shares not held in ISAs, parcels of land, holiday homes, works of art, jewellery and digital assets (ie cryptocurrency etc).
Have you thought that one day, when the time comes, you would like to keep your parents’ home in the family? Perhaps live there yourself? Even bring up a family there? You may even have had conversations with your siblings about how one of you would buy out the others. If this is something you are thinking about – you need to start planning now.
The Act brought in a form of protection to the leasehold flat by a Certificate Scheme but unless these certificates are granted at the right time, and in the right way, the protection can be lost. It is crucial that the correct Certificates are in place if you want to sell your leasehold flat, or if you wish to buy one.
As cherished members of the family, pets hold a unique place in our hearts and homes. But when a relationship ends, who takes responsibility for their care, and how can financial support be allocated to ensure their well-being?
Jodie O'Regan is the Giles Wilson representative at Leigh-on-Sea WIBN and she writes about the benefits of this wonderful group of local women.
With years of experience in the London and wider South East prime and super-prime property market acting in sales and purchases for clients and lenders from all over the world, Tom Cawcutt brings his City experience to the south Essex market and can help you overcome the challenges that high value transactions can present and help make them more the same and much less different.
Aviation, Sports, Employment, Commercial, Company; all of the above fit in Roy’s bag and supported by a fabulous team at Giles Wilson – Roy will find the solution.
This year International Women’s Day 2024 is centred around the theme of inclusivity. When we inspire others to understand and value women's inclusion, we forge a better world.
If you want to control the gift, then it really is not a gift. It is a contribution to the property and you need to protect it in a declaration of trust. This may restrict the level of mortgage that can be obtained. However, it is best to be fully advised and really understand the outcomes.
I think it is important to have that conversation; after all, if you love each other and want to set up home together and spend your life together, isn’t it important to know how each other would be looked after if disaster struck? Would you buy a property that you love without having a survey? Or insuring it? Best to know where you stand?
Ben specialises in the problems that cause us angst in our every day life. He relishes the idea of helping a client with the issues that literally could be a legal nuisance, such as a noisy neighbour, or one who has erected the fence over your boundary.
Whenever someone is diagnosed with a condition that will lead to mental incapacity it is always a very difficult time for everyone involved. For this reason, it is best to prepare for the future as soon as possible and not wait for the situation to arise.
Awards & Recognitions
The expertise of our solicitors is regularly recognised by some of the profession’s most distinguished organisations. As well as being a member of a number of Law Society schemes, we have won awards at the Law Society Excellence Awards, the Halsbury Legal Awards and the Modern Law Awards.
We have also received recognition in the form of the Lexcel mark of quality, a Legal 500 listing and a place on the shortlist of The Lawyer’s Boutique Firm of the Year.
Our accolades
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