For many couples, their shared home is their main asset. This means that it can be difficult to divide it when a relationship breaks down, particularly if the other available assets are not worth as much. It can also be stressful to have to consider the possibility of selling your home, particularly at a time…
If you have separated from your children’s other parent, the thought of Christmas can be difficult. Both parents are likely to want to spend some quality time with their children and tensions may arise if you both want to have contact on the same dates. Christopher Price, partner at Gloucester law firm Tayntons, and head…
A shareholders’ agreement sets out the rights and obligations of shareholders and is a binding legal contract between the shareholders and the company. A well-drafted shareholders’ agreement can give members a say in the running of the company and prevent misunderstandings and disagreements from arising in the future. By asking an expert corporate solicitor to…
When a shareholder wants to sell their shares or leave a small company it can upset the equilibrium of the business. Sale to another shareholder could mean the distribution of shares and any accompanying voting rights becomes weighted in favour of one person to the detriment of others. There are ways to avoid this to…
When your lease expires, it can be an opportunity to renegotiate the terms before you sign a new version. If your lease is protected by the Landlord and Tenant Act 1954, you will have security of tenure, or a statutory right to renew the lease. You will need to inform your landlord that you wish…
If you or your spouse has an interest in a business, there will always be arguments as to whether or not this should be taken into account during a divorce and treated as a matrimonial asset. If you have been in a long marriage, then the law aims to divide assets equally. This can be…
If you’re unfortunate enough to be the director of a company in pandemic-related financial trouble, you’re likely to be focusing all your attention on keeping your business afloat, looking after your staff and minimising losses. What about the personal risks to you as a director? Have you thought about the knock-on effects of continuing to…
After someone dies, their affairs need to be wound up and their estate distributed to the beneficiaries entitled to inherit. This can often be time-consuming and complex. The person administering a will, known as the executor, has a duty to the estate to deal with the administration promptly and ensure that all of the liabilities…
For parents, the hardest part of a divorce often relates to issues surrounding their children. There are natural concerns over where they will live, how long they will spend with each parent and how they will adjust to the changes. Agreeing arrangements for children Ideally, you and your children’s other parent will agree on the…
During a divorce, when issues arise over finances, both parties will be required to fully disclose their financial situation to each other. Once full disclosure has been made, you can move on to negotiating a financial settlement. The more efficiently the disclosure stage of the divorce is dealt with, the quicker and more cost-effective the…
To contact us please call 0800 158 4147 or 03330 145451 or email info@tayntons.co.uk
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