Tag Archives: Family Solicitor

National Marriage Week

National Marriage Week

National Marriage Week

Marriage is a wonderful thing – it’s suggested that a happily married couple live longer! Marriage is said to be a lifelong contract between parties but what happens when things go wrong?

If someone enters into a business contract they have legal advice. That advice looks at both the benefits if it works and what should happen if it fails. Why, then when we are making the biggest commitment of our lives do we not get this advice.

True, some would say it’s unromantic; we’re in love – we don’t need a lawyer; it’s expensive to get legal advice; we’re never going to separate.

Statistics say that 2.8 of 1000 marriages will end in divorce. Divorce can be a costly business both emotionally and financially. When couples are happy together they laugh and say they would look after the other if they split up, but the reality when realising often there is not enough money to start again – particularly when there are children and perhaps one parent has not worked – then the arguments start.

Consider this. I love you enough to consider the worst and to plan for a way forward for us and our family if that were to happen. Yes, there will be a financial cost to both parties, but I can guarantee it will be significantly less than the cost of a messy divorce both financially and emotionally. Indeed, given that most marriage break ups are caused by financial mistrust it could be the very thing to protect your marriage.

If this is a second marriage where a party has assets from a prior marriage, then it’s even more appropriate.

Need advice?  Newnham & Jordan’s family team have over 20 years’ experience in this area. Free initial appointments.

Why not check out the National Marriage Week website.


This article is intended for general information purposes only and  shall not be deemed to be, or constitute legal advice. Newnham &  Jordan Solicitors cannot accept  responsibility for  any loss as a result of acts or omissions taken in  respect of this  article or any external articles it may refer or link to.


 

Divorce and Capital Gains

Do you have more than one property?

Are you considering separating?

The timing of separation is crucial.

Why, you ask?

The reason is Capital Gains Tax.

If you own a property that you have not lived in then you are no doubt aware that a sale would trigger what is called “Capital Gains Tax”.  This is a tax payable on the gain or rise in the value of the property since its purchase.   However, are you aware that if you separate and later transfer this property to your spouse (or indeed have it transferred to you) there is a potential liability for Capital Gains Tax on the gain in value?

If you transfer the property within the tax year of separation then you are able to claim the spousal exemption.  For example  Mr and Mrs G own two property, the marital home where they live and 5 Block Street which they have always rented out.   They separate and issue a divorce on the 8 April 2014.   Mr and Mrs G agree that Mrs G will stay in the marital home which will be transferred to her and Mr G will move into 5 Block Street which will be transferred to him.    Provided they transfer 5 Block Street before the 4 April 2015 then no Capital Gains Tax will be payable on this property transfer.

If however Mr and Mrs G had separated in September 2013 and had only just reached agreement on financial settlements in May 2014  then both Mr and Mrs G would have a liability to pay Capital Gains Tax on 5 Block Street upon the transfer of the property to Mr G.

Food for thought?   Are you thinking about separating, do you have more than one property – talk to us now for advice on the best time to separate.

See link below to HMRC Website for divorce and CGT.

http://www.hmrc.gov.uk/cgt/intro/gifts-inherit-divorce.htm#3

Newnham & Jordan can advise you on all divorce and family related legal matters.

 Call us now on 0845 680 7871

This article is intended for general information purposes only and  shall not be deemed to be, or constitute legal advice.  Newnham &   Jordan Solicitors cannot accept  responsibility for   any loss as a result of acts or omissions taken in  respect of this   article or any external articles it may refer or link to.

Divorce and Capital Gains

Football Team Sponsorship

Newnham & Jordan Solicitors are proud to sponsor the Corfe Mullen United under 14s team.

Last weekend saw them play Branksome United at Haskell’s Recreation Ground inPoole. The team played a fantastic game, and the manager commented at the end that he was delighted with their performance.  This writer is pretty pleased as well, especially as standing freezing on the sidelines, we saw Corfe score 9 goals.

Newnham and Jordan Lawyers sponsor youth football
Newnham and Jordan Lawyers sponsor youth football

Go Corfe!

The boys are having a great season and are currently second in their division of the Bournemouth youth league. Next Sunday they have a home match in the Dorset Cup against Weymouth FC – I just hope that I won’t be standing in snow…

You can find full details of the their results so far this season at the club’s website here.

Newnham & Jordan Solicitors is a local firm based in and around Wimborne and Poole. We think it is important to support the local community, both by helping our local sporting heroes, and by providing high quality Family legal services at the best prices we can manage.

Remember we will come to you at home or work at a time convenient to us both – and that includes meeting for coffee if you like.

Newnham & Jordan Solicitors in Wimborne, serve the Bournemouth, Poole West Hampshire and South Dorset area with the benefit of flexible appointments in our office, your home or other convenient location to suit you. For a comprehensive range of legal services, including driving offences call: 0845 680 7871 or fill in the online enquiry form.

Football Team Sponsorship
Changes in Child Maintenace

Changes in Child Maintenace

Proposed New Child Maintenance System

The Child Support Agency (CSA) is being wound up and replaced by the Child Maintenance Service (CMS).

The current proposals are:

  • To impose an application fee to the CMS of about £20.
  • An ongoing deduction which may be around 7%. This will be paid by the parent with day to day care of the children.

The application fee will be waived if the applying parent has suffered domestic abuse and reported it to the police or a relevant agency. It appears that the ongoing deduction will be paid by all parents receiving child  maintenance.

Rolling out at the end of 2012 and during 2013.

The Department of Work and Pensions intends to roll out the process of opening child maintenance cases under theCMSscheme later this year for applications made by a parent with 4 children who have the same father. Most other families will come under the new scheme in 2013.

Government policy  favours encouraging direct payment by one parent to another. At present theCSAcan provide an assessment, but parents can agree for payments to be made directly without the involvement of the CSA in collection. Under the new scheme it is being proposed that if a parent fails to make a direct payment, they will have to pay a collection  surcharge of perhaps around 20% of the child maintenance payment.

Newnham and Jordan Solicitors based in Wimborne can provide advice on family law related matters. We offer a free initial meeting at a place and time convenient to you. We also offer competitive fixed fees for Divorce and Dissolution of Civil Partnership and Financial Orders. Or call us on 0845 680 7871 (local rate)

 

This article is intended for general information purposes only and shall not be deemed to be, or constitute legal advice. We cannot accept responsibility for any loss as a result of acts or omissions taken in respect of this article.

VAN THE MAN

  • Do you drive a van in the course of your employment ?
  • Do you know its maximum laden weight?
  • Do you know the maximum speed limits applicable to your vehicle?

 

Make sure you know the speed limits that apply to your vehicle at all times.

For goods vehicles not exceeding 7. 5 tonnes maximum laden weight, the maximum speed on a dual carriageway is in fact 60mph – 70 mph on a motorway (reduced to 60 if articulated or towing a trailer).

For a goods vehicle or van exceeding 7. 5 tonnes maximum laden weight, the maximum speed on a dual carriageway is 50mph and 60 on a motorway.

On single carriageways under 7.5 tonnes has a maximum speed limit of 50, and a vehicle exceeding 7.5 tonnes a maximum speed limit of 40mph.

In built up areas the maximum speed limit for all vehicles is 30mph.

Many van drivers assume that the maximum speed on a dual carriageway is 70mph, regardless of the size or weight of the vehicle, but this is not the case.

For advice about this and all other traffic offences, contact Newnham & Jordan at office@newnham-jordan.co.uk  or on 0845 680 7871

VAN THE MAN