Greater Boston Real Estate Board’s Post

The higher rates of Stamp Duty Land Tax (SDLT) were introduced on 1 April 2016 and apply to purchases of additional residential property such as buy to let properties and second homes. The higher rate is 3% higher than the regular SDLT rates and applies to the purchase of additional residential properties valued at over £40,000. #SDLT #ResidentialProperty

Business Asset Disposal Relief (BADR) applies to the sale of a business, shares in a trading company, or an individual’s interest in a trading partnership. When this relief is available, a reduced Capital Gains Tax (CGT) rate of 10% is applied instead of the standard rate, potentially resulting in significant tax savings for those exiting their business. #BADR #IHT

Discover the essential clauses every partnership agreement needs to ensure transparency and safeguard all involved parties. From profit distribution to effective dispute resolution, learn about these critical elements https://loom.ly/aSWtSPY

Why Key Person Policies Secure Continuity The most fundamental assets to the continuity and financial success of American businesses of all sizes are not among their financial holdings or intellectual properties, nor in the more tangible equities like manufactured products, real estate, office equipment or machinery. A company's most important asset is its workforce. Those who drive the business -its leaders, decision-makers and rainmakers - are key persons of extra consequence. https://lnkd.in/e7RPctkG Have a case to discuss, send us an email info@tfsbrokerage.com or call one of our specialists (973)514-1980 Trust Financial Service (973)514-1980 info@tfsbrokerage.com www.tfsbrokerage.com Be sure to follow us at Trust Financial Services, LLC, LLC and visit our site at www.tfsbrokerage.com for all your  #lifeinsurance #longtermcareinsurance #linkedbenefit #disabilityinsurance #annuity & #marketing

𝗖𝗔𝗟𝗖𝗨𝗟𝗔𝗧𝗜𝗢𝗡 𝗢𝗙 𝗧𝗜𝗠𝗘 𝗨𝗡𝗗𝗘𝗥 𝗧𝗛𝗘 𝗖𝗜𝗩𝗜𝗟 𝗣𝗥𝗢𝗖𝗘𝗗𝗨𝗥𝗘 𝗥𝗨𝗟𝗘𝗦: 𝗔 𝗥𝗘𝗖𝗔𝗣 The case we looked at yesterday Corfield v Howard [2024] EWHC 2727 (Comm) provides an important reminder of a basic principle of the computation of time. 

Implied Covenant Claim Seeking Different Damages not Duplicative of Contract Claim - John Lundin https://lnkd.in/eX2wCRQX On November 19, 2024, the First Department issued a decision in Starr Indem. & Liab. Co. v. Monte Carlo, LLC, 2024 NY Slip Op. 05779, holding that a counterclaim for breach of the implied covenant of good faith and fair dealing was not duplicative of a breach of contract counterclaim because it sought different damages . . . <a class="more-link" href="https://lnkd.in/e4gtR4bA">Continue reading <span class="screen-reader-text">Fraud Claim Based on Misrepresentation Regarding Contract Performance Dismissed as Duplicative of Contract Claim</span></a>

In this insightful case study, Sandy Bastin, Director of Resolution at TDS, unpacks a real-life dispute involving a tenant’s counterclaim for rent arrears. Discover the key takeaways and learn how such claims are addressed to better manage similar situations in the future. Read the full case study here https://lnkd.in/gACcSGxt

Arguments about what constitutes fairness in negotiation can lead parties to talk past each other and get stuck in an impasse. An interest-based approach can often encourage more creative discussions.

Even though we think our relationship will last forever, the reality is that sometimes relationships come to an end...💔 If that happens, it’s important to ensure that there is a clear understanding about what will happen to the property (assets or liabilities such as debt) that each person owns. A "Pre-Nup" or Contracting Out Agreement “contracts out” of the The Property (Relationships) Act 1976, and directs what is to happen with specific assets and liabilities belonging to the parties in the event of separation. In this weeks blog post, Hamertons Lawyers Limited cover why you should make a 'Contracting Out Agreement', how it works and more: https://lnkd.in/gmnU9EFq

Discover the unique challenges and key takeaways for companies and monitors dealing with multiple settlement agreements. https://bdo-usa.co/4dPg29N