It is important to have a plan in place for your business and here is some guidance depending upon how you trade.   If you are a sole trader Your sole trader business may include the intangible asset of goodwill.  As many sole trader businesses are fundamentally “you”, i.e. people deal with you for your particular…

During the administration of an estate, all assets and liabilities of the deceased must be investigated and declared to HMRC. This includes business interests. This can be a burdensome challenge for executors to deal with as estates which contain businesses are generally more complex. This challenge is multiplied if the estate has become the subject…

Whether you like him or loathe him Alan Sugar is one example of a British business mogul who has built himself up from a one-man market trader to an international billionaire business tycoon and is now the face of a plethora of business ventures. But following Lord Sugar’s health scare last year (from which luckily…

Vanessa joined Barrett & Co as a Solicitor in February 2019 working in particular on the preparation of Wills, Lasting Powers of Attorney, and the administration of estates. She has previously worked as a private client paralegal and during her training contract completed a double seat in private client work.   After a career as a…

Digital assets have a very broad definition but essentially it means an electronic record in which an individual has a right or an interest. The digital asset should be treated separately from the device on which it sits, so for example you may leave your computer to your son, but the family photos stored on…

A few years ago, a young man called Sam moved into a block of flats near Maidenhead. He started to notice an 85-year-old woman called Dorothy who lived in the flat across the hall. Curious to hear Dorothy’s life stories, Sam began stopping by to see her regularly. Sam quickly discovered that Dorothy had no…

Traditionally some of the main things to consider when someone has died are whether there is a valid Will, what assets the deceased owned and who is going to inherit after the administration of the estate had been completed.  However, as technology continues to advance and social media becomes a way of life there are…

Nicholas Buckle (Nick) joined Barrett & Co as a Trainee Solicitor in January 2018 before qualifying into the contentious probate team in January 2020. Nick works on a broad range of contentious probate matters including claims under the Inheritance (Provision for Family and Dependants) Act 1975, probate claims and disputes involving personal representatives.  Nick previously…

Hilary Buckle from Barrett & Co Solicitors in Reading joined BBC Radio Berkshire presenter Phil Kennedy on 27th July 2020 to explain new legislation regarding the witnessing of Wills in light of the current coronavirus pandemic. She discusses the concerns of legal practitioners about the potential for coercion and the government’s decision to backdate video…

When Jane Whitfield, our Head of Trusts & Charities, saw Linda Magistris, the CEO of The Good Grief Trust, on BBC Breakfast earlier in June talking about The Good Grief Trust charity, and in particular their new COVID-19 National Bereavement Support Helpline, she was so impressed that she contacted the charity the minute the programme…

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