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Branching Out...
What are my rights?

As Autumn arrives a thorny issue to branch out into is that of the rights of property owners and their neighbours when it comes to overhanging tree branches, fallen leaves and fruit.

The tree belongs to the person upon whose land it was originally grown. This is the case even if its branches overhang a neighbouring property or fruit has fallen there. Keeping fruit or taking cuttings from overhanging branches is theft under the Theft Act 1968.

Dispute Resolution

Impact of the Recession on financial settlements

The fall in the value of property and shares during the recession is inevitably affecting financial agreements during divorces, as the value of the assets can change considerably post settlement.

This has triggered further Court applications in the hope of persuading Judges to vary Consent Orders (Consent Orders are formal “contracts” agreed by the parties and approved by Court when a matter settles).

Recent case law shows that despite a change in circumstances, Courts are unwilling to alter the asset division agreed in Consent Orders.

Family Law

Guarding against repossession

As the economy slowly pulls itself out of recession, its symptoms will be felt long after the economy becomes buoyant.

In particular, leading economists all agree unemployment will continue to rise, notwithstanding any improvements in the economy. Consequently, the level and rate of home repossessions will continue albeit at a lower rate for some time to come.

Residential Property

Preparations for a loss of mental capacity

A Lasting Power of Attorney (LPA) is usually put in place by people who are conscious that they may at some stage in their life not be able to manage their own financial affairs possibly due to a slowing down or even loss of mental ability or physical capabilities.

They are an important tool in planning for older age or making sure that the financial affairs of an elderly or unwell loved one can be looked after more readily.

Wills & Inheritance
The latest news and opinion brought to you by Smith Partnership. If you would like further information on any of the topics covered in this newsletter, please contact us and a specialist will be pleased to advise. In this issue, we look at:

If you have any feedback on our newsletter, or would like to suggest topics for future articles, do let me know.

Alison Neate, Managing Partner - Leicester
alison.neate@smithpartnership.co.uk