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BUDGET 2024 The Changes To Inheritance tax

The budget 2024, our new Government has decided in it's first budget to raise further income for the Treasury by increasing Inheritance Tax. Whilst the rates have not increased the existing allowances (ie nil rate bands), have been extended for a further fixed period...

A Right of Residence

A Right of Residence is something you can include in your Will If you own a house and want to make sure that someone can continue living there after your death one of your options is to create a Right of Residence for them. This will make sure that the person keeps...

It pays to be civil

Mixed sex couples can enter a Civil Partnership and enjoy most of the Tax benefits of being married. This is a legal relationship which provides some real financial benefit to those who wish to live together without getting married. The set up costs are nominal...

Long Term Care —Government Proposals

There is a saying that 'All that glitters is not gold' and the new proposals put forward by Jeremy Hunt yesterday appear to fall into this category. The Government is proposing to introduce legislation by 2017 which will cap the total paid by any person for care fees...

Shaky signature prevents access to savings

Reported in the Daily Mail on 17 October are details of a 90 year old who is being prevented from accessing his savings to pay his care fees  by the Yorkshire Building Society who says it cannot recognise his signature. The elderly pensioner is still sound of mind and...

Interesting Statistics

34% of all marriages in England and Wales are a second marriage for at least one of the couple. ( Office for National Statistics ) In 2010 there were 241000 marriages.....and 120000 divorces. ( Office for National Statistics ) Approximately 27 million adults do not...