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The Law Society says unmarried couples are at risk if they don't plan or prepare for all eventualities when co-habiting or combining assets.
Legal victory by HMRC in Fryer and Ors. This means that deferring taking your pension is more likely to result in an Inheritance Tax avoidance claim. Personal representatives need to consider carefully this trap when administering estates.
This act came into force on 6th April 2010. For settlement and wills executed on or after 6th April 2010 the perpetuity period will be 125 years.
Power of Attorney should be made at the same time as the Will, says the Government

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Cohabitation and Prenuptial Agreements

Whilst consultation has been taking place and moves made to put couples who cohabit on an equal footing with those who are married or have entered into civil partnerships the reality remains that those who cohabit do not have the same rights and responsibilities. This can be particularly noticeable when it comes to resolving financial matters following separation.

An agreement entered into between the parties could carry weight should separation occur. Likewise those entering into marriage may wish to consider putting in place a prenuptial agreement which could be given weight on a subsequent divorce. There are complex areas where we can assist.

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