Category: Legal Guides

What is Stagflation? Is it a threat to your business?

There is a lot of talk in the media presently about ‘stagflation’. It’s a word that has been around for several decades, particularly in connection with the economy in Japan. The current speculation is whether the British economy is at risk from the phenomenon and what the actual effects of ‘stagflation’ actually are? The Japanese […]

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The Renters Reform Bill – What you need to know

What is the Renters’ Reform Bill? In its 2019 manifesto, the Government promised a “better deal for renters”, to include abolishing ‘no fault evictions’ and only requiring one ‘lifetime deposit’ to move with the tenant. The manifesto pledged to protect tenants from revenge evictions and rogue landlords, and to strengthen ‘good’ landlord’s rights of repossession. […]

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Heads of Terms – Do I Need Them?

Heads of Terms: Do I Need Them? Both parties in any commercial transaction should consider the need for Heads of Terms. The Heads of Terms document will summarise the basic points of principle that have been agreed between the parties. They should not go into detail – this will be contained in the full Sale […]

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Parental Responsibility Overview

The concept of parental responsibility [PR] is defined as “the rights, duties, powers, responsibilities and authority of a parent” (Children Act 1989). In other words, having parental rights for a child grants you the authority to act as a parent. PR allows you to make the following decisions (amongst others) in relation to your children: […]

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Confidentiality Agreements (Corporate Snapshot)

Do I need a Confidentiality Agreement? If you are looking to be involved in a sale or purchase of a business then the answer, almost certainly, is “yes, you need a confidentiality agreement”. Why do I need a Confidentiality Agreement? Whether an asset or share acquisition, parties will need to get together to start negotiations. […]

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Company Wills & Cross-Option Agreements

The majority of people will ensure that they have a Will to look after their personal finance but what about their business? The death of a shareholder and director, especially in a small/medium company can have a major impact on the business if they have not planned for such an event. It is also not […]

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Appointing a Solicitor as Executor of a Will

Obviously, no one likes spending money on unnecessary legal fees and it is tempting to leave the administration of a deceased individual’s estate in the hands of friends or family. As with many choices which look like a good way to save money initially, the risks of letting non-solicitors handle the administration of an estate […]

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Independent Legal Advice (ILA)

Independent Legal Advice (ILA) is normally a requirement of a lender for secured lending i.e. property related work. There are various different types and which one is relevant to your situation will depend on what type of borrowing you require and the Lender’s requirements. All Lenders are different and use different forms and have different […]

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Wills for Unmarried Couples – A Guide

When it comes to wills for unmarried couples, it is a common misconception that an unmarried partner has similar inheritance rights to those of a wife/husband/civil partner, should their partner die without leaving a Will (intestate). This is not the case and the death of a partner (no matter how long-term the relationship) may leave […]

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Separation Agreements

What is a Separation Agreement and when would you use it? A Separation Agreement allows a couple to document and sort out their financial situation at the time that they agree to go their separate ways. The Agreement allows them to record who is to have what and hopefully avoid the necessity of expensive and […]

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