Coyle, pointing out that it was a much more common issue than many realised, advised her that, in a roundabout way, the threat of legal action was a positive thing in that both parties wanted the same thing: her to have sole ownership of the property and the responsibility of the mortgage.
Bernadette Walsh, the sister of Waterford-born businessman Seamus Walsh, told the WRC that she left a job in the Bahamas paying €100,000 a year to start work at the Waterford Castle Hotel and Golf Resort, which her brother Seamus owned, on a salary of €16,000 annually. She understood this to be a “starting base”.
At the same time, it had building contracts worth a total of €750 million over the next 2½ to three years. Management hoped this would help attract investment or a buyer. A liquidator was subsequently appointed to the company.” was the headline on our fifth most-read story of the year, a perennial question for in-house personal finance expert Dominic Coyle – families and wills.