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Legal

Legal Blog: Changes afoot in Succession Law…

Thu, 2015-08-06 12:10

Under the current law the spouse (or civil partner) and children of a deceased person can make a claim on the estate if they have been excluded from the deceased’s Will or are dissatisfied with the legacy that they have been left.  This is known as a “legal right” - a quirk of Scots Law designed to stop certain family members being completely disinherited.  This claim extends to a one-third share of the deceased’s “moveable” estate where there is a spouse and children or a one-half share where there is either a spouse or children.

LEGAL BLOG: Ways to minimise bad debts (and speed up the recovery process when they happen)

Thu, 2015-05-28 15:30

You work hard to be the best at what you do.  You deliver excellent service to your customers, and the quality of your output is second to none.  However, all of this is irrelevant if your customers don’t pay.

Cashflow is the lifeblood of any business, and there are some simple steps you can take to minimise the risk of bad debts.

Legal Blog - Succession Planning for Business People

Tue, 2015-03-10 15:41

It is important for everybody to make a Will regardless of their personal wealth or family circumstances.  However, for an individual who holds shares in a private limited company (like a family business) it is particularly important that he or she gives careful consideration as to what should happen to those shares on death.  This would equally apply to the interest of a partner in a partnership.

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