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.
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