Phew, 2019 is nearly at an end! With the drama of the Election out of the way and Brexit, in some form, now looking far more certain, we can start to look at what the future holds with more certainty...
Incoterms 2020 – Have you prepared for the changes?
The new Incoterms rules will become effective on 1 January 2020. The rules were published in September so organisations involved in the international sale of goods have had plenty of time to prepare themselves for the changes.
Timing and Inheritance Tax: what should I consider before making a lifetime gift?
Inheritance Tax applies primarily on death but also to gifts made within 7 years of death, subject to any applicable exemptions and reliefs. It is therefore important for an individual to consider what implications gifts made during their lifetime may have for inheritance tax purposes.
It is said that when the Land Registry introduced compulsory registration of land in 1925 a quarter of the solicitors practising in England and Wales at the time retired, as they believed no good could come of the new “Registered Land” regime.
A Will is not just for Christmas … or for the rich
In September 2019 research carried out by the Remember a Charity consortium revealed that almost one third of British people believed they only needed to make a will if they were very rich. The research also revealed that almost 2/3 of adults across the UK do not have a will. Many are unaware of the potential flexibility of will writing and nearly 2 in 5 (37%) assume their estate will automatically pass to their partner and children.
Setting aside a default judgment – are you in trouble?
It is common in money claims for a claimant to obtain a default county court judgment against a defendant who has failed to either pay the debt or file an admission or defence within the prescribed court rule deadlines (usually within 14 days, or 28 days if an acknowledgment of service has been filed).