Asset Protection Services
Legal Asset Protection services play a crucial role in securing your wealth and assets against a multitude of risks. Our solicitors will help you with strategies like wills, trusts, and powers of attorney to safeguard your assets for the benefit of future generations. These services are vital for mitigating risks associated with business ventures, personal liabilities, and professional malpractice claims. By implementing Asset Protection measures, you can minimize exposure to potential legal disputes and ensure that your wealth remains protected.
You may already know that paying for care home fees is subject to means-testing however did you know that the home can be disregarded from the test if it is still occupied by the husband or wife?
But what happens when the husband or wife is no longer living there? Say, for example, they too go into care or they may die. The property would likely have been held by the couple as ‘joint tenants’ meaning that, on death, it would pass to the survivor of the marriage
How Long Must I Own My Home to Avoid Paying Capital Gains Tax ?
The purchase, renovation, and sale of a distressed property can potentially yield substantial financial gains. Nevertheless, the prospect of a sizable Capital Gains Tax (CGT) burden may cast a shadow on this otherwise promising undertaking.
Is Living Together Good for Your Wealth?
What are the legal implications of living with someone? What happens to jointly owned property when one of you dies? What are the tax consequences of inheriting property?
Joint Tenancy & Tenancy in Common
Joint tenancy is commonly preferred by married couples or individuals who specifically want the property to pass automatically and seamlessly to the other owner upon death.
Elderly Transfers Home to Family
Most parents want their home to be inherited by their children. Sometimes to ensure that a particular child will get the property they will look to transfer it to them during their lifetime.
Our Guarantee
We believe our business begins and ends with you and your needs, as our client. Therefore, we are committed to providing the best client care and advice which will give you confidence that your matter is handled with the utmost care.
Request for a Legal Consultation
Garner & Hancock realise that the prospect of pursuing a legal matter can be challenging, so we offer an initial phone consultation to discuss your options, and to give you information that will help you make the right choices affecting your case.
Buying Your Parents’ House for Under-Market Value
Your parents can help you get onto (or move up) the property ladder, and you can purchase a property that might otherwise be out of your price range.
When Can You Qualify for NHS Continuing Healthcare?
To qualify for NHS Continuing Healthcare, an individual must undergo a comprehensive assessment, which is usually carried out by a team of healthcare professionals.
Pre-Nuptial and Confidential Pre-Nuptial Agreements
We have developed reliable and effective pre-marital and confidential marital agreements that we believe can safeguard your assets both now and in the future.
Our Court of Protection & Trust Team
How Can We Help?
Happy to help! Feel free to contact us at any time for a consultation on your legal matters.
Our offices will be closed for the holiday season starting on Friday, December 20, 2024. We will resume normal business operations on Thursday, January 2, 2025. Our team will be unavailable to assist with inquiries or processes during this time.