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Making a Will - Your Legacy will end up ... where?

Without a will, the State directs who inherits your estate, so your friends, favourite charities and relatives may get nothing.

It is particularly important to make a will if you are not married or are not in a registered civil partnership (a legal arrangement that gives same-sex partners the same status as a married couple). This is because the law does not automatically recognise cohabitants (partners who live together) as having the same rights as husbands, wives and civil partners. As a result, even if you’ve lived together for many years, your cohabitant may be left with nothing if you have not made a will.

A will is also vital if you have children or dependants who may not be able to care for themselves. Without a will there could be uncertainty about who will look after or provide for them if you die.

Could one or more of these scenarios be relevant to your situation?

* several people could make a claim on your estate when you die because they depend on you financially;
* you want to include a trust in your will (perhaps to provide for young children or a disabled person, save tax,
* or simply protect your assets in some way after you die);
* your permanent home is not in the UK or you are not a British citizen;
* you live here but you have overseas property; or
* you own all or part of a business.

Once you have had a will drawn up, some changes to your circumstances, for example, marriage, civil partnership, separation, divorce or if your civil partnership is dissolved (legally ended), can make all or part of that will invalid or inadequate. This means that you must review your will regularly, to reflect any major life changes.

Who do you want to leave your assets to? How do you want to divide your property between your loved ones, friends or charities? Are there any conditions you want to attach to these gifts (for example, that young people must reach a particular age before they are paid money you have left them)?

You need to consider the details of your family and status. Are you divorced or has your civil partnership been dissolved? Have you remarried or entered into a new civil partnership? Or are you living with someone without being married to them or being their civil partner? Do you have any children or any other dependants? Anyone who depends on you financially can ask a court to review your will if they feel you have not provided properly for them.

If you have any children that may still be under 18 when you die, you may need to name someone as their legal guardian.

Do you have any particular wishes for your funeral? Do you want to be buried or cremated? Are there any other instructions? For example, if you want to be an organ donor this can be included in your will. However, it is also a good idea to record your wishes on the organ-donor register, or to carry an organ-donor card.

You must also name the people you want to appoint as ‘executors’ of your will, the people who carry out the administration of your will after your death. These could be friends or family members, or a professional such as your solicitor. A good combination may be a friend or family member and a professional. Ideally, you should choose someone who is familiar with financial matters. Make sure you ask your executors whether they are happy to take on this duty as there are long-term responsibilities involved, particularly if you include a trust in your will. Once the will has been drawn up it is not effective until it has been signed. There are several rules affecting the signature process which, if not followed correctly, will make your will invalid. For example, witnesses and their husbands, wives or civil partners cannot benefit under the will.

It is important to keep your will in a safe place and tell your executors or a close friend or relative where it is. People often ask their solicitor to store their wills for them. Most solicitors will do this for free, but sometimes there is a small fee.

You should review your will at least every five years and after any major life change such as getting separated, married or divorced, having a child or moving house. It is best to deal with any major changes by getting a new will drawn up. But it is also possible to make minor changes (or ‘codicils’) to your existing will.

For more information or to discuss anything in this article feel free to contact Doug McLean

Article Source: mcleanfinancialservices.co.uk/index.php/2008/07/17/making-a-will/
Photo Source: esmartproducts .co.uk/esm21/images/r.jpg


 

 

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HOW TO CLAIM COMPENSATION

 

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Personal Injury Claim Specialists

 

If you have been injured in an accident and its not your fault we can help. We specialise in helping people who have suffered a personal injury because somebody else was careless.

 



We deal with many different types of personal injury claims. Including and not limited to personal injuries suffered from involvement in a Car accident, Trip or slip due to un-repaired surfaces outside or in any public place. Accidents at work or any other scenario where there is somebody else to blame.


Injuries come in Brentfordany different forms but most common are neck and back pains sustained in a car accident. These injuries are caused by the impact and jerk caused by the crash which tears little muscle fibres in those areas. This injury although not life threatening can cause a lot of pain and discomfort.


We can help you through this traumatic time insuring you get the treatment and compensation you deserve. Our service does not cost you anything as, our panel of solicitors will try there best to ensure the party at fault pays our fees. We do not charge you any deposits or up front fees and ensure you keep 100% of your compensation in Brentfordost cases we never charge you but in very few cases there has been deductions made to the final settlement by our solicitors. In any case we will notify you of any possible charges at the point of acceptance if this could be the case before you commit to anything.

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Settling a Personal Injury Claim
By Jonathan L Walker

A personal injury amount that is eventually settled upon, is the amount that an individual is awarded in the event of a court deciding that another party is responsible for that persons injury. The amount awarded is dependent on the extent of the damage. Should the case not go to court, then the amount decided will be based on what the insurance company and your legal representative, think would be the sum decided upon by a jury in a court.

The claim quantity is determined by various things, such as the severity of injury, and also the financial losses incurred, due to the injury. Other things considered are the integrity of evidence and the extent of damage overall. It is then a case of the insurance adjuster and your representative discussing an approximate amount with you. A personal injury representative is going to be wise to how much the case is worth, as they would have had prior experience.

As aforementioned, the amount that is settled on for the personal injury will be dependent on the seriousness of the injury, but it is also down to the time that a victim was receiving treatment for, the amount of permanent tissue damage, the amount of work that has been missed, the amount of pay lost, the effect on the victims lifestyle, and loss of ability to work. These sort of cases fluctuate greatly in terms of how much compensation is given. In some cases it can be under a thousand pounds. In others it can be millions.

The person or party at fault during the occurrence of the injury is something that can cause fluctuation in terms of the settlement amount. People are often intrigued as to how much they will receive, but am amount can only be offered, once the adjuster and your representative has predicted the quantity that a court would decide upon. This is usually decided upon, subsequently to reviewing witness accounts and overall testimony strength. It is in the best interest for you legal representative to get you the highest amount of settlement as possible, as this has an effect on the amount that your representative receives.

This article is written by Jonathan L Walker, on behalf of ReclaimItNow, who are specalists in, Personal Injury Compensation Claims

Article Source: EzineArticles.com/?expert=Jonathan_L_Walker

 

Lawyers in Brentford

 

 

7 tips for forming a limited company

Every startup needs to consider carefully what type of company formation suits it best. James Cartwright guides you through setting up a limited company.

By James Cartwright

1. Yourself vs. Formation Agent

If you set up the company yourself it can appear to be the cheapest option in the short term and you can do this directly with Companies House. However it can be difficult to work out which forms to fill in and can take longer to process. Plus you will need to supply your own memorandum and articles of association which can be time consuming and expensive to obtain. Using an online formation agent is much easier as they will have an online application that you have to fill in which they then use to form your limited company. If you find the right formation agent they can incorporate your company for around £25.

2. Company Name

Picking a name is an important part of setting up a new company, but don’t let the excitement distract you from doing some research. Check that your name is available before applying so that your application isn’t rejected. Also make sure that the URL you will want after forming your company is available and that someone else doesn’t have a trademark on the use of the name. Otherwise you may have to change it later on. Finally check your name against the sensitive words list on the Companies House website. If you use a sensitive word, you may have to provide supporting documentation or obtain approval from a Government department to use it.

3. Business Plan

Make sure you don’t start your company without putting in place a business plan. Without one you do not have a “road map” helping you with what direction you are going. In addition you may well have to provide a plan to your bank when looking for funding.

4. Company Secretary

Carefully consider whether you should appoint a company secretary. Just because it is no longer compulsory does not necessarily mean that you should not appoint one. Their tasks include Companies House filing and maintaining the Company Register which are important legal requirements. Having an experienced person who can focus on these compliance matters takes some of the burden away from the directors, allowing them to focus on managing the company and growing revenue.. Alternatively you may wish to use a professional firm to act as your company secretary if you are worried about this.

5. Registered Office

Using your home address can result in privacy issues as it is made publicly available. Always consider using a different registered office address, even that of your accountant or solicitors. Please note that from 1st October 2009 directors can disclose a service address as opposed to their residential address so their privacy can be maintained

6. “Off the shelf” Companies

It is usually not beneficial to buy an off the shelf company. By using one you are buying a limited company that has already been registered at Companies House, and in theory has never traded. However you do not personally know the initial shareholders and officers and therefore it is always advisable to incorporate a company yourself.

7. Limited Company vs. Sole Trader

You should make sure you seriously consider whether your business should trade via a limited company or via you as an individual and sole trader. There are good reasons to trade through a private limited company, but they are not always beneficial for everyone. It is worth talking this through with a Chartered Accountant before making the decision if you are unsure.

James Cartwright

James is the managing director of Wisteria Formations, one of the UK’s leading online company formation agents. wisteriaformations .co.uk

Article Source: smallbizpod.co.uk/

sevens/2009/09/7-tips-on-how-to-form-a-limited-company/

 

File Sharing May Not be Illegal
 

The first, and may be the last trial for file sharing ended in acquittal this week.

 

Prosecutors were unable to establish when downloading music breaks the law. They may never be able to, even with proposed new legislation.

Alan Ellis, 26, ran Oink, one of the world’s largest music sharing websites, but Teesside Crown Court cleared him of conspiracy to defraud. Ellis received £11,000 a month in donations from people using the site. Oink had almost 200,000 members and facilitated the download of 21m music files between 2004 and 2007. Mr Ellis, a software engineer told the court he had no intention to defraud copyright holders, and he had developed the site to brush up on his computer skills. The prosecution was unable to show that Mr Ellis knew he was infringing copyright.

Prosecuting individuals who have downloaded just a few music files is costly and generates a lot of negative publicity for music companies. To prosecute successfully people who run file-sharing sites is all but impossible because there is no copyright violation; they do not hold any of the music files themselves, just the software.

Under the Digital Economy bill, internet service providers could be required to cut off web access from customers downloading large amounts of material illegally in the unlikely event that they were able to prove illegal downloading.

Source Article: sixthform .info/lawblog/

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Photo Source: sixthform .info/lawblog/wp-content/uploads

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Stop and Search Powers

 

Judges at the European Court of Human Rights on Tuesday found that the use of anti-terror laws to stop and search people without grounds for suspicion was a breach of their human rights.

The ruling was in response to case brought by two people who were searched by police near an arms fair in London’s Docklands in 2003. Their case challenged the police’s right to conduct searches under Section 44 of the Terrorism Act 2000.

But police insisted they would ignore the ruling and that the use of Section 44 would remain in force “in specified locations across London” including major landmarks and “crowded places”.

And Home Secretary Alan Johnson said the government would appeal against the ruling.

“The threat remains real and serious, and stop and search can deter and disrupt terrorist activity and create a hostile environment for terrorists. Protecting the public remains our priority.”

The Conservatives on Wednesday said they would seek to ban the indiscriminate use of counter-terrorism laws by police.

In a unanimous ruling, seven judges said the searches could cause “humiliation and embarrassment” and breached the complainants’ right to respect for their private life under Article 8 of the European Convention on Human Rights.

Journalist Pennie Quinton, 38, and protestor Kevin Gillan, 32, brought the case to the European court after being stopped and searched by police in September 2003 on their way to a demonstration near an arms fair held in east London.

Quinton, who is a journalist, was ordered to stop filming in spite of the fact that she showed her press card, and Gillan was wearing a rucksack and riding a bicycle when he was stopped on his way to the demonstration.

Between 2004 and 2008 the number of searches recorded by the Ministry of Justice went from around 33,000 to over 117,000, it said.

Source Article: sixthform .info/lawblog/

Photo Source: sixthform .info/lawblog/wp-content/uploads/

2010/01/Police-Officer-woman.jpg

 

 

The content and materials provided in this web site are for informational and educational purposes only and are not intended to supplement or comprise any precise facts, although we have researched sufficiently for the facts and information to be reasonably accurate. All content and materials including research papers, case studies and testimonials summarizing facts have been done by individuals working for this website. We cannot be held responsible for any inaccuracies, as we have described that information is for educational purposes and therefore maybe a few weeks old.

 

 

 

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