Is Land Registry legal proof of ownership?

The Land Registry is considered to be conclusive evidence of ownership of a property. This means that the person or entity listed as the owner in the Land Registry is legally considered to be the owner of the property, and their ownership rights will be recognized by the government and courts. However, it's worth noting that this may vary depending on the jurisdiction, and in some cases, additional legal steps may be required to establish ownership.

What is equity release?

Equity release enables homeowners aged 55 and over to access tax-free cash from their home value. The amount is determined by the homeowner's age and home value. Options include a lump sum or a series of smaller lump sums, depending on the product selected.

Is equity release a good idea?

Equity release isn't suitable for everyone, just like other financial products. However, it can be beneficial for some individuals by releasing the money locked in their property, such as for home renovations, gifting to family, or paying off debts. Consider carefully before using your home to secure additional debts.

Do you have to pay back equity release?

Equity release plans must be repaid upon the death of the last borrower or if the borrower enters long-term care. Early repayment is possible but may incur an Early Repayment Charge (ERC) penalty.

Can a parent be prosecuted?

Yes, local authorities can bring prosecutions against parents for offences found in sections 443 and 444 of the Education Act 1996. That being failure to comply with a school attendance order or failure to secure regular attendance at school of a registered pupil.

What is Section 444 of the Education Act 1966?

Section 444 of the Education Act 1996 makes it an offence if a child is absent from school without authorisation.

Is it a criminal offence not to send children to school?

Failure to ensure a child’s regular attendance at the school at which he/she is a registered pupil is a criminal offence under the Education Act 1996.

What is an Education Supervision Order?

If the local authority thinks a parent needs support getting a child to go to school but the parent is not co-operating, the local authority can apply to a court for an Education Supervision Order. A supervisor will be appointed to help you get your child into education.

What is a School Attendance Order?

A parent can be served with a School Attendance Order if the local authority thinks a child is not receiving an education. Upon receipt, a parent will have 15 days to provide evidence that they have registered a child with a school listed in the order or that the parent is giving them home education. If a parent does not, the local authority could be prosecuted or given a fine.

What are the different kinds of Trusts?

There are several different kinds of trusts that serve different purposes for the settlor (the party/s who put assets into the trust).  Trust types include bare trusts, interest in possession trusts, mixed trusts, discretionary trusts, accumulation trusts, settlor-interested trusts and non-resident trusts. The most common types of trusts to be set up during a lifetime are the following.

  • Discretionary Trusts – This kind of trust gives the trustees the power to act at their discretion in regard to decisions about how to use, distribute and manage the assets in a trust. This is usually to protect against potential issues with beneficiaries who are not responsible enough to manage the money, or no longer have a legitimate interest in the assets; this could be to do with marital disputes etc.
  • Bare Trusts – These trusts are a simple way to ensure capital is protected for a younger person until they are at an appropriate age to receive it. The trustee will hold the assets of the trust until the beneficiary has turned 18 years old when they will receive the amount.
  • Trusts for minors – Bare trusts, and discretionary trusts (among others) can be set up so that instead of the beneficiary standing to benefit as soon as they are of legal adulthood, the settlor caps the beneficiary’s age so that they may not receive the assets intended of them before they reach a certain age, for example, 25 years old. 
  • Personal injury trusts – These trusts exist to hold and manage the funds received as compensation due to an injury/medical condition.

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