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  1. M

    DIY Wills €61.50 - from the Money Doctor

    In some limited circumstances no will is the correct decision. For example, if you are female, widowed\single and wish to divide your estate equally between your children with no additional stipulations, then the additional (admittedly tiny) risk of a will brings no real added benefit. If...
  2. M

    Soon to be homeless with a small inheritance - impact on my social housing application?

    https://www.rtb.ie/registration-and-compliance/ending-a-tenancy/notices-of-termination#:~:text=In%20order%20for%20a%20Notice%20of%20Termination%20to,or%20is%20a%20fixed%20term%20tenancy%29.%20More%20items Since 2022, if a tenant wishes to dispute validity of a notice of termination, there is a...
  3. M

    European wants to understand Irish History

    The Irish R.M. Not entirely joking. Crucial to an understanding of Ireland today is that a lot of people who couldn't get along with living in a colonised\occupied nation emigrated or were killed. Ireland of today owes a lot of its character to the fact that it is populated by the...
  4. M

    My Children's Inheritance. Can it be invested in land?

    If he insists on hijacking their money to invest in the stock market, he will need to talk to a broker. I presume he can buy the stock market investment in trust for them. The income and capital gains would have to be theirs. I imagine it would be moderately complicated with withholding taxes...
  5. M

    Enduring power of attorney in 2023

    I am sure somebody could do that - but I can't. I am an employer and by making this representation I would arguably be straying into lobbying, which is a regulated activity. Yes, I might fall within a permitted exception, but checking that out all takes time and work. Of course, I could...
  6. M

    Enduring power of attorney in 2023

    The tech-centric approach in the new system is inherently unsuitable for elderly users. Many of them need help negotiating the system. The act of enlisting that help from friends or family opens up significant risk of undue influence. Even if it is well-intentioned influence, even if it is...
  7. M

    Enduring power of attorney in 2023

    Many Solicitors (myself included) are not prepared to have clients call in to us with "here's one I prepared earlier" documents for us to sign off. It is far too risky for me to certify: I cannot be sure there is no undue influence when presented with a fait accompli like this. (Google...
  8. M

    Legally binding receipt

    There are so many ways this could go wrong. Get a solicitor and get your partner to do the same.
  9. M

    Section 72 Policy - Potential Pitfalls??

    I'm with Tommy on this. OP and wife are very likely not using up annual small gift exemption ( 2 donors x 3 kids is €18k per annum before adding another 6k for each kids partner and more again for grandkids). Pay the €515/month into an investment that belongs to the kids. You can stop...
  10. M

    Fees to Execute a Will

    The Law Society (wrongly in my view) have for many years refused to be involved in any sort of fee guidance, for fear of being accused of breachesof Competition law. The Courts Service has no role in this at all. Google "low cost probate Ireland" and I am sure you will find lots of service...
  11. M

    Small mortgage for refurbishment refused

    We bought a holiday home years ago and insisted that the builder take out the oil boiler and replace with LPG. Oil theft, particularly from holiday homes, is endemic in this country.
  12. M

    Succession act query

    Deleted
  13. M

    Misunderstood Sole Trader Term

    Mind you (speaking as a sole trader) it is immensely helpful to your peace of mind to regard your business as being a separate entity, even when it isn't. If your business can't earn enough to pay everybody the temptation is to put your savings into the business. Been there, done that, bought...
  14. M

    Misunderstood Sole Trader Term

    A sole trader is an individual person carrying on a business in which the trading entity is that individual person ?
  15. M

    Ireland 2nd out of 19 countries for nurses per capita

    ...can sew and blow dry my daughters hair so I'm definitely not the stereotypical man. Stop sewing the kid's hair. It's not just medical workers. My own experience is that my profession (law) is pretty much 50-50 in practitioner numbers but that the solicitors who call to a Garda station...
  16. M

    Solicitor’s bill

    https://brightflag.com/resources/cracking-the-code-a-beginners-guide-to-understanding-utbms-codes/ Legal billing and expense tracking can be very simple or very complex depending on the matter at hand. Budgets can be set and tracked within an hourly rate system. Or you can agree payments per...
  17. M

    Solicitor’s bill

    I'm a transaction lawyer, mainly. Let's say my client is selling some valuable development land. We have a binding contract but it is with an SPV that has no assets and has only paid a token deposit. The transaction has dragged six months beyond closing date. If this sale does not close...
  18. M

    Solicitor’s bill

    In my experience, when a difficult transaction gets to a successful outcome, a happy/satisfied/relieved client will happily agree that there was extra work in getting things across the line and will be glad to pay an uplift on the originally quoted fee. The client regards this as fair and as...
  19. M

    Solicitor’s bill

    I thought I had made this clear, but apparently not. What you have described above simply does not happen (or if it does, I have not come across it). With a competent client, with whom you have a good and continuing relationship, you might go through the work in a summary fashion (this will...
  20. M

    Solicitor’s bill

    I certainly can't tell you that this never happens, but under our current regulatory regime any solicitor that allows this to happen is asking for trouble. The client should have any conniption out of the way after the first or second cost update.
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