The biggest change in divorce law for decades is happening on 6th April 2022. The new system allows couples to separate without needing to blame anyone for the breakdown of the marriage. No-fault divorce simply requires a statement of irretrievable breakdown, with the aim that this will take some of the emotional heat out of […]
Estate Planning
Holding onto your inheritance: post-nups for the over 50s
For the last few years, the numbers of couple getting post-nuptial agreements, or “post-nups”, has increased dramatically. Like the more familiar pre-nuptial agreement (pre-nup), a post-nuptial agreement (post-nup) sets out how assets are to be divided should a couple get divorced. The difference is that a post-nuptial agreement can be made at any time during […]
Leaving a legacy or living a legacy?
If you’re a fan of genealogy, you’ll know the thrill of discovering what your ancestors achieved in their lifetime. Equally, you might attend the funeral of a senior relative and discover their achievements from their eulogy. It’s often amazing how much “ordinary” people achieve in a lifetime of 90 years plus, much of it after […]
Intergenerational wealth transfer: securing your family’s financial future
You’ve worked hard to accumulate your current wealth and assets, and (hopefully) your portfolio is now providing you with the financial support you require in retirement. Let’s just say here, we’re not talking about wealth in terms of multi-millions. Your wealth is what you have as your ‘nest egg’, and it is what it is. […]
New plans for a new life phase: estate planning after bereavement
We all know that at some point, we will lose our parents. For the older generation who have been married or together for many years, this can mean that one parent is suddenly living alone. This can be a daunting and often worrying period for a widow or widower, with a plethora of paperwork including […]
Digital assets, NFTs and the importance of keeping secure records
Back in May this year, a viral video clip of a baby biting his brother’s finger sold as a “non-fungible token” for an incredible $760,999. As the New York Times reported, the auction of the 2009 video clip: “Allowed bidders to “own the soon-to-be-deleted YouTube phenomenon” and be the “sole owner of this lovable piece […]
