Till divorce do us part
Article Abstract:
Couples undergoing a divorce should use god lawyers and seek to divide assets fairly. All financial arrangements undertaken by the couple should be assessed. Full disclosure of assets is needed, and this may provoke resistance. Financial advice may be needed to deal with assets generated by divorce, and many law firms' clients have not previously managed their own financial affairs. Care should be taken in dealing with a husband's assets if they are mostly linked to his employment, and there may be a need to trade off present income in exchange for a share of the pension.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
Investing for children
Article Abstract:
A wide range of products are suitable as gifts for children in Britain, though it is important to know whether donors are by relatives or friends, and the time factor involved. National Savings products include Children's Bonus Bonds, which are tax free and controlled by parents until children are 16-years-old. Isas can also be used for children, and have tax advantages, though they cannot be held by children until they are 18-years-old. Investment and unit trusts can be assigned to children, and there are also regular savings plans from friendly societies.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
Family fortunes
Article Abstract:
Financial planning for older parents involves being able to combine pension planning with supporting children. Life assurance should also be considered.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 2000
User Contributions:
Comment about this article or add new information about this topic: