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Wills, Trusts and Inheritance Tax
Wills, Trusts and Inheritance Tax[soundcloud id=213485469] Wills, trusts and inheritance tax - What is inheritance tax? If you receive a gift during a person’s lifetime of some form of benefit and you don’t pay for it or you don’t pay for it fully, you may be liable...
How not to make a Will – Undue Influence, Duress & Testamentary Capacity
Capacity One of the most important functions of solicitors when making a will for somebody is to ensure that the person is capable of doing so, this is referred to as the person has the “capacity” to make a will. The law presumes a will to be valid unless it can be...
Partnership Agreements – The Commercial Prenup
PARTNERSHIP AGREEMENTS – FAILURE TO PLAN, PLAN TO FAIL/ THE COMMERCIAL PRENUP Starting up a business is an exciting time. The conversation is focused on the new business opportunities, the pooling of resources or expertise and the anticipated profit. The unfortunate...
Succession Planning for Farmers
[soundcloud id=213467750] Succession Planning for Farmers – TippFM 30/06/15 In Budget 2015, tax incentives were introduced to encourage land transfer and more productive use of agricultural land. Were these significant? The changes in Budget 2015 have...
The Importance of Making a Will
[soundcloud id='209397516'] How many of us make Wills? Recent Research showed that only 34% of people living in Ireland have made a will. The research also showed that only 51% of those aged between 45 and 64 years of age have a will, but 82% of those over age...
Recent Developments: Insolvency, Repossession and Actions of the Bank
Tipp FM Legal Slot – 20th May 2015 – Monthly Wrap Up -Insolvency, Repossession and Actions of the Bank [soundcloud id='207805206'] John Lynch spoke to Seamus Martin on Tipp FM about interesting developments and cases in the area of Repossession and Insolvency....
Game Changer – Insolvency, The Bank veto
[soundcloud id=206540268] Since the introduction of the Insolvency Act 2012, there has been much commentary on the new regime and its accessibility to those burdened by large amounts of debt. One of the main issues about insolvency arrangements is the ability...
Debt Solutions: Insolvency and the Bank Veto
Tipp FM Legal Slot – 20th May 2015 – Monthly Wrap Up - Debt Solutions: Insolvency. On Tipp FM, John M. Lynch spoke to Seamus Martin on ‘Tipp Today’ about accessing Insolvency Arrangements [soundcloud id='206362098'] The Insolvency Act was signed into law on St....
Bankruptcy
What is Bankruptcy? Bankruptcy is a process where the property or assets of a borrower who is unable or unwilling to pay their debts are transferred to a person who is given charge of the property by the High Court (called the Official Assignee) to be sold. When sold,...