Charlotte Osborne, Author at Else Solicitors

Blended families and making your Will – what should you look out for?

Imagine this situation – a parent has written a Will leaving their estate to their 2 children in equal shares. Then after doing this, they make a gift of a substantial sum of money to the younger sibling to help them buy a house. If the parent then dies without making a similar gift to the older child, do we end up with an imbalance in the estate – would/should the older sibling expect to receive more from the estate to balance up the lifetime gift to their sibling? This is where the double portions rule is likely to be effective.

Commercial Property Leases on the Death of a Tenant

One of the key things a business must get right to ensure its ongoing success is the location it decides to trade from. Choosing the wrong property or entering into a poor commercial deal can really limit an enterprise’s potential or, in some cases, be the difference between commercial triumph and failure.

Can you collect debts that are more than 6 years old?

The limitation period for collection of debts is 6 years from the date the debt became payable and after that time they may become statute barred. This means that the debt is no longer recoverable, including by legal action in the courts. Whilst the debt might not be recoverable through the Court, we can still send the debtor a letter to try to collect these amounts owed to you on your behalf.

business services corporate and commercial

Restoring a Company

For a businessperson, the idea of your company or one you are involved with being dissolved is a scary one. However, restoring the company can be a challenge worth undertaking! If you are interested in recovering a company, Else Solicitors can help.

A Question of Intestacy

Imagine this situation – a parent has written a Will leaving their estate to their 2 children in equal shares. Then after doing this, they make a gift of a substantial sum of money to the younger sibling to help them buy a house. If the parent then dies without making a similar gift to the older child, do we end up with an imbalance in the estate – would/should the older sibling expect to receive more from the estate to balance up the lifetime gift to their sibling? This is where the double portions rule is likely to be effective.