Tuesday, 24 January 2017

4 Reasons You Need A Lawyer To Write Your Will

Writing a Will may seem like a task, but it is vital. It is all about stating your wishes on paper. This helps your heirs avoid hassles and leaves you with a peaceful mind, knowing that your life’s worth of possessions will be in the right hands. While it is an essential task, writing a Will is not that easy. So do you need a lawyer to write your Will? Or, can you do it yourself?

In order to save some bucks, many people try to write their own Will. While there are several Will writing tools available, there are chances that you might still suffer costly mistakes. Writing a Will is one such task that must not be attempted on your own. Here are 4 reasons why you should hire a lawyer to help you write your Will.

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Friday, 20 January 2017

How To Protect Your Franchise From Misrepresentation?

Misrepresentation is unacceptable in today’s highly competitive and transparent corporate world. Misrepresentation can be described as providing information that is incomplete, inaccurate or misleading. It can either be intentional or unintentional. In the franchise sector, franchisees have often complained of misleading and deceptive conduct by the franchisor. Franchise companies have a sales pitch when they market their franchise, which might tip over the line of being a misrepresentation. During pre-sale meeting, the franchisor may state many things to encourage the franchisee to buy a franchise. If there is any untrue, incomplete or omission of information that induces the franchisee to buy the franchise and on account of that he suffers a loss, then as a result the franchisee can sue the franchisor for misrepresentation.

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Friday, 13 January 2017

Who Controls The Money In Marriage

Married couples can manage their money according to their will as there are no laws or restrictions on how money should be managed in a marriage. A married couple can do anything with their money as long as they do not break any laws. In very rare cases will the law interfere with a couple’s use of their own money.

No support requirement

When one spouse makes more money than the other in a marriage, the law does not oblige he/she to contribute any money to their spouse.

No reporting requirement

Law does not oblige spouses to report their income to their partners. One may choose to hide assets from their partner, and this is a common practice among many married couples.

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Wednesday, 4 January 2017

Co-Owning The House Even After The Divorce: Is It A Good Idea?

If you think it is unusual for a couple to co-own a family house even after they have been divorced, you better think again. Especially when there are kids involved, some couples choose to co-own the property to help the children live their lives without much adjustment after the divorce. Parents think keeping the family home would be what’s best for the kids to keep them grounded. Although some may opt for a buyout of the property instead, the talks on how to settle monthly payments should be done with the presence of their divorce lawyers.

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