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.
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.
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.
Anyone over the age of 18 can set up a trust to hold their assets. There is not a set amount needed to set up a trust. However, you may consider a trust when you have assets you wish to protect, control or pass on.
Trusts have a number of useful functions for managing your assets. For example, trusts can be used to:
Trusts can offer protection for your assets, ensuring your financial interests.
A trust is managed by trustees. The trustees are appointed by you and in some cases can be changed, added, and removed, as per your instruction.
A trustee(s) needs to be a party, over the age of 18, that you trust to protect your fiscal concerns and manage your assets the way you have stipulated. If the trustees you appoint are also beneficiaries, you might consider whether it could result in a conflict of interest. Ultimately it is about who you trust to respect your wishes, be that your spouse or partner, family, friends, financial professional, or legal professional.
Trusts made during your life can last up to 125 years. It can be set up in the trust for the remaining assets to be dealt with as you wish once this time has passed.
Yes, your trust can be amended along the way as circumstances change. For example, if you wanted to add or remove trustees, change their level of control, or add assets.
A contractual or summary dismissal is the immediate termination of an employment contract by an employer due to a serious breach of the contract or workplace policies by the employee. This type of dismissal typically occurs without notice or the usual termination procedures and is often reserved for severe misconduct or gross violations of company rules.
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