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The Importance of Prenuptial and Post-Nuptial Agreements for Business Owners

The Importance of Prenuptial and Post-Nuptial Agreements for Business Owners

Here, our Head of Family Law, Kelly Parks explains why business owners should consider a pre-nuptial or post-nuptial agreement.

The intertwining of relationships and financial assets can be a complex and delicate balance. As individuals embark on the journey of building a life together, it is crucial to consider the potential impact on the business if the relationship were to end.

Estate Planning for Business Owners – what should you consider?

Estate Planning for Business Owners – what should you consider?

Estate planning for business owners is a critical process that includes planning for the transfer of your assets and the management of your business in the event of your retirement, death or incapacity. Here are some essential steps and considerations for business owners when it comes to estate planning.

Redundancy Consultation Processes – Advice for Employers

Redundancy Consultation Processes – Advice for Employers

Consultation is a key part of any fair redundancy process. It is therefore vital that employers considering redundancies plan how they will consult their employees about any proposed redundancies at an early stage.

Changes to Flexible Working regulations

Changes to Flexible Working regulations

New regulations extending flexible working rights were put before Parliament on 11th December 2023. From the 6th April 2024, these new regulations came into force and all employees will no longer need to have 26 weeks’ continuous employment in order to make a flexible working request.

Estate agents could face severe penalties over failure to disclose material information under newly published requirements

Estate agents could face severe penalties over failure to disclose material information under newly published requirements

National Trading Standards Estate and Letting Agency Team (NTSELAT) published comprehensive new guidance covering the process to improve material information disclosure in property sales on the 30th November 2023.

Holiday Pay Claims – Supreme Court’s Landmark Ruling

Holiday Pay Claims – Supreme Court’s Landmark Ruling

The UK Supreme Court has ruled that employees can claim for a series of underpayments of holiday pay, even where there has been a gap of more than three months between different underpayment periods. This could lead to many UK workers being entitled to thousands of pounds in miscalculated holiday pay.

Business First Magazine - Autumn/Winter 2023

Business First Magazine - Autumn/Winter 2023

Our quarterly business magazine is packed full of features including creating a supportive workplace, sustainable buildings, legally compliant HR and EDI essentials.

Menopause for thought – what do employers need to know?

Menopause for thought – what do employers need to know?

Women make up a significant portion of the workforce, so it is hardly surprising that gender equality in the workplace has become an important topic in recent decades.

Workers to be given the statutory right to request more predictable working patterns

Workers to be given the statutory right to request more predictable working patterns

The Workers (Predictable Terms and Conditions) Bill received Royal Assent on 18 September 2023, becoming the Workers (Predictable Terms and Conditions) Act 2023. This new legislation will give workers the right to request more predictable working patterns relating to the number of hours, times and days of the week that they work.

Managing changes in equality, diversity and inclusion

Managing changes in equality, diversity and inclusion

Most companies work hard to create a safe and productive workplace, but how can businesses stay up to date on these policy and initiative changes, as well as mitigating risks?

Accidents at work - what you need to know

Accidents at work - what you need to know

Workplace health and safety remains an ongoing concern for many industries, especially those deemed to be a little more physically dangerous. The safety of staff has always been a big issue with ever evolving legislation in place to make sure protection is in place.

 

What happens to my pension when I divorce?

What happens to my pension when I divorce?

A pension is a matrimonial asset, regardless of whose name it is in, and its value and how it should be shared needs to be considered when dividing the assets.

Dogs & Divorce- a bone of contention?

Dogs & Divorce- a bone of contention?

Over the last few years, there have been a spattering of cases in the media where separating couples have disclosed that they have spent thousands of pounds arguing over who should get the dog.

What happens to business assets during a divorce?

What happens to business assets during a divorce?

We know that divorce is not easy for anyone, but it can become even more complex when there are business assets involved.

What Happens When a Parent Breaches a Court Order?

What Happens When a Parent Breaches a Court Order?

When a Court issues an Order, it is legally binding and must be followed by all parties involved. Unfortunately, there are instances where one party may disregard or breach a Court Order, causing frustration and potential harm to the child and the other party. This article aims to shed light on the consequences and legal recourse available when a party breaches a Court Order in the context of family law.

What is Contentious Probate, and how does it affect me?

What is Contentious Probate, and how does it affect me?

Losing a loved one is always difficult, but it can be especially hard in cases where disputes arise in relation to their Will or Estate.

Can a UK employee work remotely in another country?

Can a UK employee work remotely in another country?

With the rise of remote work opportunities and the desire for more flexible lifestyles, many UK employees are considering the possibility of working remotely from another country, particularly during the summer months. In this article, we will explore whether a UK employee can work remotely in another country, examine relevant UK laws, and discuss important precautions to consider.

Buying a property at auction - is it right for you?

Buying a property at auction - is it right for you?

While buying property at auction can be a thrilling and potentially rewarding experience it is important to be aware of the legal implications, rules and regulations, and possible risks involved in such a purchase.

Why do you need to change your Will when you divorce?

Why do you need to change your Will when you divorce?

Writing Wills during a marriage that leaves everything to each other upon death is very common, but what happens to that Will should you decide to end the marriage and get divorced?

Paternity leave – what is it and why does it matter?

Paternity leave – what is it and why does it matter?

Here Katie Ash, Head of Employment Law, explains what Paternity Leave is, what fathers are entitled to and why businesses need to place as much importance on supporting men in the workplace, as they do women.

How will the teacher strikes affect you?

How will the teacher strikes affect you?

The news this week that teachers from the National Education Union had voted for more strike action in England and Wales will have left lots of working parents – and their employers – wondering how they are going to manage if the employee’s child’s school is closed.

Can a flexible working request be reversed?

Can a flexible working request be reversed?

For many, the Covid-19 crisis is starting to feel like a distant memory. However, there are still changes to the way we live and work today that were influenced by the restrictions that were put in place. The biggest example in employment law is the shift to working from home.

Public Sector Pension Changes – what the delays mean for divorcing key workers

Public Sector Pension Changes – what the delays mean for divorcing key workers

When a couple divorces both parties must provide details of any pensions they own. The temporary suspension of providing pension pot values means couples may face a delay in finalising their financial arrangements as they cannot negotiate or be advised as to what would be a fair settlement without knowing the CETV of their pension fund.

Are Restrictive Covenants too harsh?

Are Restrictive Covenants too harsh?

Would removing non-compete clauses improve worker’s rights? Theoretically, they’re supposed to be in place for C-suite level employees to prevent them taking business secrets to competitors. So, is it necessary to make low-level workers sign non-competes too? Is it too harsh?

Do I need to give paid annual leave for the coronation?

Do I need to give paid annual leave for the coronation?

A right royal holiday clash

Holiday pay for the additional bank holiday on 8th May to celebrate the upcoming coronation is giving employers a headache before a toast has been raised to the new King.