I am often asked, what is the benefit of having a Lasting Power of Attorney?Well, the response is that if you were in a situation where you were physically or mentally incapable of dealing with your affairs, be they financial/property or health/welfare then nobody will...
Picture the scenario: you are a shareholder in a company, with two other shareholders. Shareholder A sells his shares to Shareholder B and with the proceeds of sale sets up a competing business, poaching key employees and customers of the company. As for Shareholder B,...
In simple terms challenging the validity of a will or a claim relating to a grant of probate is a ‘probate claim’. Special procedural rules apply. The function of the Court is to determine what papers constitute the last will of a testator and who...
Three months ago, I reported on the case of Prest v Petrodel in which the Supreme Court, the country’s highest Court, was being asked to make a ruling on whether divorcing couples can protect assets by citing company law. The Supreme Court has delivered its judgment...
This question is one which regularly crops up in cases where family wealth within a marriage has been increased by monies received from an inheritance. The English legal system is discretionary in determining how financial property on divorce should be divided. Whilst this flexibility enables...
