Breaking up is never easy, but divorce makes things even trickier, especially when it comes to money!
Tax advisor, Emma Walker, is joined by senior family solicitor, Nicola Furmston, from Kerseys Solicitors, to talk all things divorce from both a legal and tax perspective. They discuss recent changes and the pros and cons of no fault divorce, capital gains tax charges on asset splits and property, 'hobby' trade income, income tax and self-assessment considerations, inheritance, the importance of wills, Lasting Powers of Attorney, and more.
You can contact Nicola here and visit Kerseys website here. You can get in touch with Emma directly through the Our People section of our website here.
For further information on today's topic, and how we can help support you and your business on all tax related matters, click here.
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You can find more episodes from this series on our website larking-gowen.co.uk/LGI
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This presentation is designed for the information of viewers. Whilst every effort is made to ensure accuracy, information contained in this recording may not be comprehensive and should not be acted upon without seeking professional advice.