What happens to shares upon the death of a Shareholder

What happens to shares upon the death of a Shareholder

Updated 31/01/2024 Questions about what should happen to the assets of a shareholder after death and how they should be distributed to beneficiaries will inevitably arise. Here, we detail four helpful actions to take into account when transferring the shares of a deceased shareholder who has passed away, with business owners and executors in mind….

What is moveable estate in Scottish law: legal rights in Scotland?

What is moveable estate in Scottish law: legal rights in Scotland?

What is moveable estate in Scottish law: legal rights in Scotland?  Legal Rights of Children: Securing the Future In Scotland, a parent’s will cannot completely disinherit their children. Rooted in moral and societal considerations, Scottish law ensures that children of a deceased parent have a fundamental level of protection. Even if a child isn’t explicitly…

Things to know about divorce and separation in Scotland

Things to know about divorce and separation in Scotland

Divorcing a spouse can be not only an emotional experience but can also be complex. Here are the basics of what you need to know. Ground for divorce The ground for divorce in Scotland is that there has been an irretrievable breakdown of the marriage and no prospect of reconciliation. The “irretrievable breakdown” can be…

Seek the advice of a family lawyer. It is a decision that will pay off in the long run

Seek the advice of a family lawyer. It is a decision that will pay off in the long run

The idea that you can handle your divorce or separation on your own is held by some individuals. Can it really be that difficult?  Legal Advice from a Solicitor Generally speaking, people have a perception that solicitors are quite expensive. In addition, there is the viewpoint that with the support of a family lawyer, an…

If one spouse dies before the divorce proceedings, what is the protocol regarding financial assistance?

If one spouse dies before the divorce proceedings, what is the protocol regarding financial assistance?

In the case of Unger and another (in substitution for Hasan) v Ul-Hasan (deceased and another) [2023] UKSC 22, the Supreme Court rendered its decision. This was an appeal from Hasan v Ul-Hasan (Deceased) & Anor [2021] EWHC 1791 (Fam) Judge Mostyn J.’s decision.  This case is notable due to its connection with two fundamental…

Child Contact Arrangement For The Christmas Period

Child Contact Arrangement For The Christmas Period

Child Contact Arrangements For The Christmas Period Some may say it is too early to consider the festive season since pumpkin carving has just happened. Nevertheless, the navigation of family arrangements is always difficult and further complicated for separated parents in the run up to Christmas. When determining how time for children should be divided…

Power of attorney vs. guardianship – knowing the legal differences

Power of attorney vs. guardianship – knowing the legal differences

Power of attorney vs. guardianship – knowing the legal differences In Scotland, the prospect of losing the capacity to make your own decisions can be a daunting thought. However, it’s crucial to dispel the common misconception that your spouse can automatically step in and act on your behalf in such a scenario. The reality is…

What should I consider when I, or a loved one, has dementia?

If you are aware of someone who is experiencing memory loss and looking to help people with dementia, there are many things you should consider while doing so. Caring for a loved one can be challenging and overwhelming, hence it is crucial to consider speaking to your GP regarding the next steps and your power…

Thinking to relocate abroad with your children?

Thinking to relocate abroad with your children?

To move abroad with children may not be on anyone’s mind right now, but for parents who live abroad, returning to their “home country” from a new country after a marriage breakup may seem like the only option. However, adding a global component could make the already challenging decision of where and with whom to…

Is collaborative law the right option for you?

Is collaborative law the right option for you?

Watching court proceedings on TV, filled with tears, temper tantrums, and dramas are entertaining, but it’s best to avoid them in real life and try to resolve disputes without going to court. Given the sensitive and unpleasant topics that will be discussed, it is understandable that cups of tea and tissue boxes will frequently appear…