The short answer to that question is . . . not yet. In November’s newsletter, I wrote an article warning that the Government was about to bring in a massive increase to the fees charged to obtain probate. The proposed changes will increase probate court fees from the current cost of £215 (or £155 if…
Barrett and Co can offer you advice on how to reduce your inheritance tax bill…please get in touch As the end of the tax year draws to a close we take this opportunity to remind you of annual gift exemptions that you may want to quickly take advantage of, or plan for the new financial…
Plain Jane to Alphabet Soup in 5 Easy Steps Readers will already be familiar with the concept of the “share capital” of a company and with seeing declarations (in the accounts and elsewhere) that the “issued share capital” of the company is, for example: “10 Ordinary Shares of £1 each.” Breaking down that statement a…
If you have recently reviewed your Will and noticed a few things that you want changing, or maybe a few things that you think need updating, like addresses of your Executors or Beneficiaries for example, your first instinct might be to grab a pen, cross through the information, and write on the document what your…
What is Parental Responsibility? Parental Responsibility (PR) is defined in s.3(1)(a) Children Act 1989 as “all the rights, duties, powers, responsibilities and authority that a parent of a child has in relation to the child and his property by law.” By its very definition PR is a wide concept and it is not realistically possible…
In a recent case, Sanderson Ltd v Simtom Food Products Ltd (February 2019) the parties entered into an agreement in November 2014 for a project involving the supply of software and support. There was to be a review of the client’s business and its requirements with a view to the preparation of an implementation plan….
Most unmarried couples considering stepping onto the property ladder for the first time will be, quite rightly, extremely excited and will not be focusing on the finer details and consequences of this big adventure. We have therefore created a short list of considerations that you and your other half should discuss before you go down…
Not many people agree on things nowadays. There is probably an even split about Brexit, and whether it is a good or a bad thing. But one thing most people do agree with, is that solicitors should be more open about their fees. The truth is that the average person who has not got a…
Here at Barrett & Co we have been donning our celebrity smiles and getting comfortable in our director’s chairs to bring you some useful videos on the services we offer. The below links are just an initial insight into the matters we can assist you with from a few members of the team, which we…
The process of acquiring land through adverse possession is where a person who is not the legal owner of land can become the legal owner by having possession of it for a specified period of time. There are two procedures by which adverse possession may be claimed. Under the ‘old rules’ which apply to both…
