Joint Property Ownership
When you buy a property it is often tempting to concentrate on matters such as location and price. However, if you purchase a property with your spouse or partner, there is another important issue which you will need to think about – the manner in which the property is to be jointly owned.
There are two ways in which a property can be jointly owned and the difference between them is significant.
The first method of joint ownership is as Joint Tenants. As Joint Tenants, the joint owners will own the property in trust with each other and their ownership is subject to what is known as the Rule of Survivorship. This means that if one of the joint owners dies, ownership of the property will automatically pass, in its entirety, to the survivor, regardless of the terms of the deceased...
Criminal Injuries Compensation
In 1964, the Government created an organisation known as the Criminal Injuries Compensation Board. Although its name changed in 1996 to the Criminal Injuries Compensation Authority (CICA), the purpose behind the organisation has remained the same since the sixties – to provide financial compensation to the victims of criminal injuries.
In broad terms, to apply for compensation from the CICA, a person must have been physically or psychologically injured as a result of a violent crime within two years of making an application. A person may also be eligible for compensation if they suffered such injuries during the course of trying to prevent a crime from taking place. Strangely, it is not absolutely essential for anyone to have been prosecuted or even arrested for the crime in question, although...