After many years and thousands of pounds worth of payments, you have finally repaid your mortgage. You now own a valuable asset in the form of you home and no longer need to make any mortgage payments. Having paid off your mortgage, what happens next? You need to...
Liferent Will: What are the benefits and why do you need one When it comes to estate planning a Liferent Will is a different way to protect your assets and secure your family’s future. This powerful document allows you to keep control of your property during your...
When someone dies and they have a Will, the question of who the executor is can be found in the Will. That, of course, assumes the executor named in the Will is still alive and in full control of their faculties. That means we need to consider who can be appointed...
We are delighted to welcome Rabia Islam to Carr Berman Crichton. Rabia joins us as an Associate Solicitor. Rabia studied Legal Services and Business Law at the University of West of Scotland before completing her LLB Degree and Diploma in Professional Legal Practice...
When two or more people buy a house, the title will be structured so that it is held jointly. Most titles are held equally between two owners of a property but more than two people can easily hold the title. The key factor is that the property is jointly owned. What...
The spouse or civil partner and children have a right to share in the estate of someone who has died. No formal action need be taken by them. It is a right they simply enjoy. The executor must make provision for Legal Rights when administering the estate. What are...
For almost thirty years, there have been special rules about signing a Will in Scotland. In 1995, The Requirements of Writing (Scotland) Act, (the 1995 Act). Before this act came into effect, the rules surrounding signing a Will were not entirely clear. What are the...
The process of buying a house at auction may seem simple, as portrayed in TV shows like “Homes Under the Hammer.” However, it is not as straightforward as it may seem. You attend the auction, place your bid, and hope to become the new owner of the...
The Scottish property market is known for its unique “offers over” system. This presents buyers with a blind bidding situation. In this article, we will explore how the “offers over” process works. We’ll discuss the challenges buyers face and...
When it comes to estate planning, you want to ensure that your hard-earned assets are passed on to your loved ones and not unnecessarily shared with HMRC. With the Inheritance Tax threshold frozen until at least 2027, it’s crucial to take proactive steps to...