The potential pitfalls of property co-ownership
A recent case has served as a useful reminder about the essential importance of obtaining proper advice as to co-ownership options, particularly where the couple purchasing the property is unmarried.
The Privy Council in London determined that the ‘equal sharing principle’ applied to all of the assets (including artwork, a boat and a car) of a couple in dispute and not just to the family home. To read more, head to Spear's Wealth Management Magazine.
Related in brief posts
Edward Burton, Olivia Minghella (and Sean Randall of Blick Rothenberg) summarise the key areas of interest and the lesser known rules applying to this complex tax for HNW buyers…
Sarah Conway will be joining the panel next week at FORA's webinar 'The Impact of COVID-19 on UK Real Estate'.
Watch again: a chance to catch up with our experts on the future of the UK as a destination for entrepreneurs and families.