Director at Parnalls Solicitors, Katherine Flashman Kitson, has joined the Board of Governors of St Joseph’s School Launceston. Parnalls like St Joseph’s are longstanding institutions in the town both having premises in the town dating back to the 1920s. Both establishments are equally important to the town’s heritage and with a nod to the future …
In the second of a two-part series of articles on how different ways of buying a home can affect your legal rights, Louis Mathers conveyancing lawyer with Parnalls in Launceston, explained the implications of using self-funded options and government-backed schemes. In this article, he looks at the implications of using a mortgage or private loan. …
New rules on the procedure businesses must follow when trying to collect debts from individual customers could mean that you have to wait 90 days or more before you can issue court proceedings. To limit the damage this may cause to your cash flow it is important to review your credit control procedures following the …
In an earlier article, Deborah Adams, head of private client department with Parnalls in Launceston, explained how making gifts of money or property during your lifetime could help reduce the inheritance tax payable on your estate when you die. In this article she looks at how making potentially exempt lifetime transfers, under what is known …
Key Terms Lasting Powers of Attorney (‘LPAs’) are formal legal documents which allow you to appoint attorneys to make decisions for you in the event that you are unable to do so for yourself in the future. An LPA is a safeguard which gives you peace of mind that should you in the future, lack …
When thinking about buying your first home, or selling your existing one to move up the property ladder, you may be tempted to raise the money you need using what you believe to be the quickest and cheapest method. You may also be tempted by offers of shared ownership and the various schemes available which …
Giving replies to pre-contract commercial property sale enquiries can feel like a chore but misleading answers can land a seller in trouble. As Louis Mathers commercial property lawyer with Parnalls in Launceston explains, sellers of commercial property need a clear understanding of what they must disclose, when they should update their replies and the possible …
If you are fortunate enough to have financial security, and more money than you need to live comfortably, then you may want to pass on some of your wealth to your family and friends while you are still alive. Making gifts to loved ones during your lifetime can be immensely rewarding and tax efficient, but …
Purchasing a property is often a daunting prospect for many, especially if you are a first time buyer. Buyers are often led by their Estate Agents whom they put their trust in and when presented with a Conveyancing Estimate, may feel obliged to use the services of the Agent’s suggested Solicitor. Very often, such recommendations …
21 September 2017 is World Alzheimer’s Day. To mark the occasion, and help raise awareness of the issues faced by dementia suffers and their families, Deborah Adams, head of private client department with Parnalls Solicitors in Launceston, provides an overview of the practical legal steps you can take to help protect yourself and your loved …
