Deed of Gift
This week I’ve been giving advice to a new client about transferring her house into her name and her daughter, as joint tenants, so that it does not form part of her estate and be the subject of a claim by her other daughter, from whom she has been estranged for 14 years. The transfer […]
Restructuring Ownership of Businesses
I had a query from an accountant seeking assurance that the transfer of a business from an individual to a company, the shares which were owned by a trust, of which the individual was the only beneficiary, on the basis that there was no change in beneficial ownership. Unfortunately, the rule is not as cut […]
Help with a Deceased Estate
This week we received a referral from another lawyer to prepare the paperwork necessary to effect a transfer of one third of a property from a deceased estate to one beneficiary, in specie, i.e by direct transfer, and for the that person to buy the other two thirds from the estate, with the other 2 […]
Property Development
Michael saw an old client this week. He’s had his builder’s ticket for 4 years and is about to start his own building company. He owns a property with his 2 brothers. They are not interested in funding a development, so he is going to finance the demolition of the old house and the construction […]