According to Legal and General’s recently published report in 2018 the Bank of Mum and Dad will help 316,000 loved ones buy a home, an increase of 17,700 from 2017. One in four transactions in the UK are dependent on the Bank of Mum and Dad.
Imagine, in the course of negotiating your divorce settlement, you tell your partner that they can keep one of their biggest assets and they don’t have to give you anything in return. Doesn’t sound like a good idea, does it? [Read more…] about You Keep Yours and I’ll Keep Mine
If you are in the process of separating then The Supreme Court decision on McDonald v McDonald could have a huge impact on how your assets should be divided.