Welcome to Legally Sound with Richard Reed, the podcast that simplifies the law and explores how it affects our daily lives.

In this episode, we are joined by Annaliese Barber, a Director at Richard Reed, qualified solicitor, Notary Public, and Head of the firm's Wills, Trusts, Probate & Court of Protection Department. We're also delighted to welcome Kay Carrick, Development Team Manager at St Cuthbert's Hospice, who oversees fundraising and legacy giving.

Today, we're exploring wills and the important role of charitable giving. We'll look at how leaving a gift to charity in your will can create a lasting legacy while potentially reducing inheritance tax. Kay shares the real impact these gifts have on St Cuthbert's Hospice and the community it serves.

In this episode, we'll cover:

• Why having a will is essential and what happens without one

• Types of gifts you can leave to charity in your will

• How charitable giving can reduce inheritance tax

• The impact of legacy gifts on St Cuthbert's Hospice

• Common misconceptions about charitable giving

• Practical steps for including a charity in your will

• How to start conversations about wills and end-of-life planning

Tune in to learn how a well-planned will can protect your loved ones while supporting causes close to your heart.

Get in touch:

Website: https://richardreed.co.uk/

Phone: 0191 567 0465

Email: info@richardreed.co.uk

Welcome to Legally Sound with Richard Reed, the podcast that simplifies the law and explores how it affects our daily lives. In this episode, Sarah Reid is joined by Matthew Lockey and Debra Taylor from the Family Law team at Richard Reed Solicitors for an insightful discussion on the legal differences between cohabiting and married couples.

With more couples choosing to live together without tying the knot, it’s important to understand the legal implications of each path. What rights do you really have if you're not married? What should you be thinking about when it comes to finances, children, or even separation?

Here’s what we’ll cover in this episode:

• The truth about “common-law marriage”, and why it’s a myth

• Key legal differences between marriage and cohabitation

• Protections and agreements you can put in place as a cohabiting couple

• What happens when children are involved

• The legal discussions and difficulties around changing cohabitation law

• How assets are treated depending on your relationship status

If you're living with your partner, or thinking about it, this episode is essential listening to help you understand your legal position and protect your future.

Get in touch:

Richard Reed Solicitors: Website: https://richardreed.co.uk/ Phone: 0191 567 0465 Email: info@richardreed.co.uk

Connect: Sarah Reid: LinkedIn Matthew Lockey: Matthew.lockey@richardreed.co.uk

Debra Taylor: debra.taylor@richardreed.co.uk

References:

Resolution: Cohabitation

Martin Lewis Article: Is being married financially worth it?

Welcome to Legally Sound with Richard Reed, the podcast that simplifies the law and explores how it affects our daily lives. In this episode, Sarah Reid is joined by Phil Moir and Lewis Cassap from Richard Reed Solicitors, along with Stephen Hope from Stephen Hope Wealth Management.

Together, they discuss the critical importance of having a shareholder agreement in place for any business. Despite their value, shareholder agreements are often overlooked which can lead to complicated and costly issues down the line.

Here’s what we’ll cover in this episode:

• What a shareholder agreement is

• Why having one is essential

• When the best time is to create a shareholder agreement

• The key clauses that should be included

• Why it's important to review and update the agreement as your business evolves

• The risks and challenges of not having a shareholder agreement

This episode is a must-listen for any business owner, whether you're just starting out or already established. It could save you from serious trouble in the future.

Get in touch:

Richard Reed Solicitors:

Website: https://richardreed.co.uk/

Phone: 0191 567 0465

Email: info@richardreed.co.uk

Stephen Hope Wealth Management:

Website: https://www.stephenhopewealthmanagement.com/

Connect:

Sarah Reid: LinkedIn

Phil Moir: phillip.moir@richardreed.co.uk

Lewis Cassap: lewis.cassap@richardreed.co.uk

Stephen Hope: 01915111090