‘Moving in Together’
'Moving in Together' can cover many varied situations - from couples cohabiting, friends sharing the costs, adult children moving in with their parents (or even grandparents) or, given our aging population, a parent or parents moving in with one or more of their adult children.
This new course will consider the many legal and practical issues arising in these circumstances.
What You Will Learn
This course will cover the following:
- SDLT 3% surcharge implications on the purchase of a 'granny flat' or annexe
- Conflict of interest, duties of disclosure and separate representation
- Gifts, 'gifted deposits', inheritance tax implications
- Wills and Inter-family disputes, other offspring
- Where are we now on joint ownership?
- Declarations of trust and problem cases
- Practical difficulties, aging and social care
- A look at the Law Society guide to moving In together
- Mortgage problems, 'Other Occupiers'/'Sharing Possession' covenants, equity release
- Fraud - is the person in front of you really the spouse or parent?
- The exit route if things do not work out - who has authority to sign the contract?
- Can a parent evict the offspring or can the offspring evict the parent?
Please let us know if you wish to be notified when new dates are added for this programme