New maternity strategy announced
Facing an ‘unprecedented workforce crisis’
We understand GDPR is an important topic to our clients with the new regulation taking effect 25th May 2018. In association with Barclays we will be holding a seminar on Thursday 22nd March, to signpost what you need to be aware of, to give you valuable insights as to how you can look to get your business ready for implementation and where you can go to get further support. Join us to hear our speakers and the opportunity to network over refreshments and wine with other businesses sharing the same issues and concerns based in the area.
Dementia is a brain disorder that triggers a loss of brain function which is usually progressive and eventually severe. The most well-known of these is Alzheimer’s disease which affects about 62 per cent of those diagnosed. According to the Alzheimer’s Society, 850,000 people in the UK are living with dementia, with numbers expected to rise to over 1 million by 2021. The advice from charities caring for the elderly is that everyone should plan ahead for a time when they might not be in a position to handle their own financial affairs, or deal with decisions about their care.
Last October, the House of Commons Library released a briefing paper dealing with ‘no-fault’ divorce. It chronicles all the many recent calls for reform, including the report of the Nuffield Foundation research, led by Professor Liz Trinder of Exeter University, which summarises the current situation in no uncertain terms: “The failure to implement the Family Law Act 1996 has left divorce law in England and Wales untouched since 1973, and out of step with similar jurisdictions in Europe and North America in its heavy reliance on ‘fault’ as a basis for divorce”.
The financial struggles faced by young people trying to get onto the housing ladder regularly grab media headlines, and increasingly parents and grandparents are keen to help out. However, it’s important to get some good professional advice before proceeding.
If you’ve made your Will, the chances are that you thought about your precious personal possessions, and set out what should happen to them on your death. But what about your virtual life such as your photos, emails, music downloads and the content stored in your social media accounts? With more and more people regularly using services like online banking, PayPal, Facebook, Twitter, Amazon and YouTube, it’s becoming increasingly important to consider what happens to these too.
The divorce process has terms and phrases that can be unfamiliar, and a ‘clean break’ can be one of them. Put simply, this is a break between the parties in a divorce and means that from then on, neither party has any continuing financial claim on the other. Whilst getting a divorce ends the contract of marriage, it does not sort out the financial aspects of the relationship. In order to settle the couple’s finances, there needs to be a formal agreement, known as a Financial Remedy Order, in place.
It’s quite common for couples each to appoint their partner as their attorney under a Lasting Power of Attorney (LPA) for property and financial affairs. Although it’s obviously a very sensible move to put an LPA in place when people still have the necessary mental capacity to do so, there can be issues for husbands and wives and civil partners when it comes to operating under the powers contained in an LPA and disposing of jointly-owned property.
Buying your first home can be both an exciting and nerve-racking experience. The exciting part is having a front door and space to call your own; the nerve-racking bit can be finding somewhere you can afford, saving enough for the deposit, and getting a mortgage deal in place. The good news is that since the November 2017 Budget, first-time buyers no longer pay stamp duty on properties bought for less than £300,000.