Following the amazing story of the 46 year old Traumatic Brain Injury (TBI) survivor James Cracknell, many commentators have looked at his motivations, the way in which he has overcome obstacles, but also that it seems, sadly, that his marriage is over.
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Until recently, there was no mechanism in UK law to enforce the EU law requirement of indemnity for accidents on private land, and victims would simply go uncompensated, even in cases of catastrophic injury.
Inheritance tax planning and lasting powers of attorney
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A property and finance lasting power of attorney (LPA) confers extensive powers on the attorney to deal with the financial affairs of the person granting the LPA (the donor).
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A person making a financial contribution towards a purchase of a property may have a ‘beneficial interest’, entitling them to a share of the sale proceeds.