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Prevention is better than Cure

Why wait for a liability to Inheritance Tax or the enforced sale of your property for Care Home Fees? If you take action now by making the right sort of Will you can avoid these future maladies. A revocable Life Interest Trust Will cures the first and a Property...

£1bn extra inheritance Tax

Over the last 5 years the amount collected in inheritance tax per year has increased by £1bn.  In 2014 the total take by the Treasury was £3.4bn. This government pledged to increase the threshold from which the tax is charged to £1m per person but has not done so. It...

Changes to Legislation

This last month has seen two major changes in legislation The Inheritance and Trustees Bill is now in force which makes further provision about the distribution of estates of deceased persons where there is no Will. The first £250k plus personal chattels goes to the...

Spouse Care Problems

Imagine your spouse developing Alzeimers and having to be taken into care as a result. Also picture that you have made mirror Wills leaving everything to each other in the first instance and that you own your home jointly. A scenario could develop where you die first...

£140K is the real Cap on Care Costs

The Institute and Faculty of Actuaries has now produced a report which indicates that as a result of the ‘hidden charges’  for care the Government’s pledge of a £72K cap will cost on average £140K . Their research also found that only one in ten...