Factsheets

 

E-Valuate for the Accountancy Profession

Overview Our litigation and insolvency teams are seeing more and more cases where directors have failed to implement dividend, loan account and remuneration structures properly. This can become an acute problem if the business subsequently fails, with directors often required to repay very significant sums of money. Below is an ...

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LPA and Dementia Article

Overview It’s official: according to the recent article in BBC News (http://www.bbc.co.uk/news/health-37972141), dementia is now the leading cause of death.We are living longer but unfortunately we cannot guarantee that by living longer, we keep our full faculties.

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An introduction to Life Interest Trusts

Overview? A Life Interest Trust is a type of trust that lets you leave your money or property to someone for their lifetime (‘a life interest’) but ultimately to others when that person (the ‘life tenant’) dies.Typically you might leave a life interest to your partner. They then have the ...

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Corporate and Commercial

Overview Verisona Law supports an impressive and varied portfolio of businesses by ensuring they address all the legal issues involved in starting and growing a company. Whether working as an outsourced legal department for startup, small to medium-sized and owner managed businesses, or taking on specific projects for larger corporations, ...

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Debt Recovery

Overview Good cash flow is critical for every successful business, so making sure you get paid in full and on time is paramount. However, for many business there are times when a payment has not been made, the person owing the money (the ‘debtor’) has ignored or avoided reminders, and ...

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Cohabitation

Overview Cohabitation – def. “an arrangement where two people who are not married live together in a romantic relationship and/or sexually intimate relationship on a long term or permanent basis.” Cohabitation usually refers to couples who live together, but are not married or in a civil partnership. The number of ...

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What is an Executor

Overview If you have been asked to be, or considering making someone an ‘executor’, this refers to the role of representing someone after they have passed away. The duties of an executor are mainly administrative; taking stock of the deceased’s assets, paying off any debts and Inheritance Tax, and distributing ...

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