Most people want to leave their lifelong earnings to their nearest and dearest. Without taking certain legal steps however, your money will go to the Government and be subject to inheritance tax.
Primarily, writing a will ensures that those you wish to receive your wealth do. It is a relatively easy process which can save you money and clarify any number of issues in the long term.
Further, giving money to friends and family during your lifetime may reduce the value of your estate for inheritance tax purposes. Small cash gifts given during your lifetime will be expempt from inheritance tax, as will gifts given away before the last seven years of your lifetime.
Another way of managing your estate is by creating a trust. A trust can be a separate fund the benefits of which will be transferred to the recipient on the happening of a particular event, for example, where the beneficiary reaches a certain age.
We are able to assist in all aspect of estate planning, and will writing.
If you require further advice, please contact Mr Khalid Khan of KK Solicitors.
Friday 3 September 2010
Fraud
In general, public awareness of fraud has been increasing. Identity fraud has certainly gone up, as has theft of credit cards and such like. However, the cost of fraud on an individual and business level cannot as yet be calculated. Fraud committed within a business context by an employee, or whether committed against an individual personally can be difficult to pick up and often involves dealing with many complex facts and evidence.
Services are available for individuals and businesses to help guard against and to assist in identifying fraud. For instance technology can now pick up unusual transactions which can then be investigated, or simple measures such as keeping credit cards and driving licences safe will also help.
However, where safety measures have failed, KK Solicitors has experience in dealing with all manner of frauds, from complex mortgage frauds, through to more daily occurring identity theft. We are able to assist businesses who have to deal with employee fraud, and have also acted for individuals who have falsely been accused of fraud.
If you require further advice, please contact Mr Khalid Khan of KK Solicitors.
Services are available for individuals and businesses to help guard against and to assist in identifying fraud. For instance technology can now pick up unusual transactions which can then be investigated, or simple measures such as keeping credit cards and driving licences safe will also help.
However, where safety measures have failed, KK Solicitors has experience in dealing with all manner of frauds, from complex mortgage frauds, through to more daily occurring identity theft. We are able to assist businesses who have to deal with employee fraud, and have also acted for individuals who have falsely been accused of fraud.
If you require further advice, please contact Mr Khalid Khan of KK Solicitors.
Application to extend stay as an entrepreneur within the UK
Where an individual has been eligible to remain in the UK as an entrepreneur, by scoring the correct number of points (75 points for attributes, 10 points for language skills and 10 points for available funds), he may apply for an extension of two years. The application will have to show that he has not worked for any business other than the one which he has established and that no public funds have been used. The evidence in support of the application will have to show that substantial funds have been invested and that the business is a UK business registered here and in which the applicant has been working. Important and complete information about bank accounts and other financial information must also be provided.
KK Solicitors is experienced in making comprehensive and complete applications on behalf of applicants wishing to make immigration applications from a variety of backgrounds.
If you require further advice, please contact Mr Khalid Khan of KK Solicitors.
KK Solicitors is experienced in making comprehensive and complete applications on behalf of applicants wishing to make immigration applications from a variety of backgrounds.
If you require further advice, please contact Mr Khalid Khan of KK Solicitors.
Small claims
Often individuals and businesses will find themselves having to deal with matters for which seeking legal advice may not be cost effective.
In these instances, alternatives to litigation can be considered. For instance, having a mediated meeting may allow a better resolution without incurring legal costs.
However, if all discussions have failed, the nature of the dispute may mean that is dealt with in Court. If the cost of lawyers is going to be greater than the value of the claim itself, and the matter is not a serious one, guidance is available from the Courts service website (www.hmcourts-service.gov.uk) to allow the matter to be handled without lawyers.
In general, the process of making a claim through to obtaining judgment takes the following course. The claim is made by filing a document called the claim form with the Court. The document will then be sent to the defendant who must respond by filing a response called the Defence with the Court within a certain period of time. Once this has been done, the matter will be allocated to the “small claims track” and the Court will provide guidance on providing evidence (such as a witness statement, receipts etc) so that a date can be set for a hearing. At the hearing the Court will decide whether the claim has any merit and will make an award or order accordingly.
However, in all other cases, where matters are of a high value or are complicated it is necessary to get legal advice. KK Solicitors deals with all manner of legal disputes: landlord and tenant matters, commercial contract disputes, debt recovery, amongst others. In all cases we give sensible, practical and cost effective advice.
If you require further advice, please contact Mr Khalid Khan of KK Solicitors
In these instances, alternatives to litigation can be considered. For instance, having a mediated meeting may allow a better resolution without incurring legal costs.
However, if all discussions have failed, the nature of the dispute may mean that is dealt with in Court. If the cost of lawyers is going to be greater than the value of the claim itself, and the matter is not a serious one, guidance is available from the Courts service website (www.hmcourts-service.gov.uk) to allow the matter to be handled without lawyers.
In general, the process of making a claim through to obtaining judgment takes the following course. The claim is made by filing a document called the claim form with the Court. The document will then be sent to the defendant who must respond by filing a response called the Defence with the Court within a certain period of time. Once this has been done, the matter will be allocated to the “small claims track” and the Court will provide guidance on providing evidence (such as a witness statement, receipts etc) so that a date can be set for a hearing. At the hearing the Court will decide whether the claim has any merit and will make an award or order accordingly.
However, in all other cases, where matters are of a high value or are complicated it is necessary to get legal advice. KK Solicitors deals with all manner of legal disputes: landlord and tenant matters, commercial contract disputes, debt recovery, amongst others. In all cases we give sensible, practical and cost effective advice.
If you require further advice, please contact Mr Khalid Khan of KK Solicitors
Thursday 6 May 2010
Redundancy under the Employment Rights Act 1996
The economic downturn has left many people facing job losses.
An employee who has been made redundant may be entitled to a redundancy payment so long as he has been employed for two years, and if the dismissal was because the employer no longer wishes to carry on the work for which he employed the employee, or in the place where he employed the employee; or the work done by the employee will no longer be necessary.
A redundancy payment will compensate the employee for the loss of his position. In the event that the employee is offered another job by his employer, he will not be eligible for a compensatory redundancy payment.
If the offer of a new job is rejected, any award will take into account the suitability of the alternative job offer, and whether the refusal of the job was reasonable.
KK Solicitors has acted for employees who have been dismissed from jobs in restaurants, from local authorities and from education establishments. The cases have ranged from unfair dismissal, through to redundancy and discrimination matters.
If you require further advice, please contact Mr Khalid Khan (07852272067) of KK Solicitors
An employee who has been made redundant may be entitled to a redundancy payment so long as he has been employed for two years, and if the dismissal was because the employer no longer wishes to carry on the work for which he employed the employee, or in the place where he employed the employee; or the work done by the employee will no longer be necessary.
A redundancy payment will compensate the employee for the loss of his position. In the event that the employee is offered another job by his employer, he will not be eligible for a compensatory redundancy payment.
If the offer of a new job is rejected, any award will take into account the suitability of the alternative job offer, and whether the refusal of the job was reasonable.
KK Solicitors has acted for employees who have been dismissed from jobs in restaurants, from local authorities and from education establishments. The cases have ranged from unfair dismissal, through to redundancy and discrimination matters.
If you require further advice, please contact Mr Khalid Khan (07852272067) of KK Solicitors
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