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News


5 Questions about Spousal maintenance Answered

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Spousal maintenance is the payment made to the former spouse after getting a divorce. There are two types of maintenance orders. Term order – Payments made for a set number of years Joint lives order – Payments made until one of the parties dies When does Spousal Maintenance become necessary? It becomes necessary in the...

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Joint Tenants and Tenants in Common – What’s the difference?

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When you jointly own a property with someone, you cannot sell or mortgage it without the consent of the other party. There are two types of joint property ownership. Joint Tenants Tenants in Common Let’s briefly discuss each type. Joint Tenants If you own a property with someone as ‘Joint Tenants’, the property automatically goes...

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Lifetime Gifts or Transfers – Are they always exempt from Inheritance Tax?

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“Lifetime Gifts” are assets, property or money you give to someone during your lifetime. It is very popular in the UK. Some give away assets in order to reduce or avoid inheritance tax on their estate. Parents may give lifetime gifts to their children in order to help them financially or to help them climb...

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What can be done if sponsor licence is suspended?

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If your sponsor licence has been suspended, you need to prepare a suspension response. To do so, take the following steps: Request the Home Office for the compliance report and copies of notes from your compliance visit. Sit with your lawyer and go through the notes as well as the suspension letter. While reading the...

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Kim and Kanye Divorcing: Should more of us consider a Pre-Nuptial Agreement?

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Kim Kardashian and Kanye West are getting divorced. Reports so far have commented on how amicable the process has been, given that the division of their significant assets (collectively said to be worth over $2 billion), will be based upon their prenuptial agreement. Pre-nuptial agreements are a prerequisite when it comes to celebrity marriages and...

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    Disclaimer

    This document does not present a complete or comprehensive statement of the law, nor does it constitute legal advice. It is intended only to highlight issues that may be of interest to clients of Aristone Solicitors. Specialist legal advice should always be sought in any particular case.