Our Blog
Pension Pot Perils
With the new legislation on Pension Pot withdrawals coming into force from April 2015 there are considerable risks for those who take out large lump sums. The immediate effect is to increase the value of your estate for Inheritance Tax purposes. A large withdrawal...
When Dementia Strikes
When the first signs of Dementia appear it is imperative to put your health and financial affairs in order. Initially you will probably be in full control of your faculties but as time progresses you will begin to lose control of your mental and physical abilities. To...
Care Act 2014
The provisions of the Care Act 2014 come into force from April 2015 It is worthy to note that from then Local Authorities will not have the power to assess married couples/civil partners jointly for means test purposes . Each person considered for care will have to be...
Tony Benn ‘s Trust
It is reported today that maverick socialist Tony Benn's £5m estate will probably avoid Inheritance Tax. The reason appears to be because it was placed in Trust after the death of his late wife. Tax experts say it is likely a 'deed of variation' was utilised to...
1925 Intestacy Rules changed
With effect from 1 October 2014 a new piece of legislation called "The Inheritance and Trustees Powers Act 2014" comes into force abolishing previous rules established in 1925. These relate to persons who die without leaving a Will. From the beginning of this month...
Families as ‘Cash Cows’
Families are being used as 'Cash Cows' by the government imposing the immoral double tax upon inheritance. So says Dia Chakravarty of the Taxpayers Alliance commenting on the latest figures released yesterday. With the average price of a home in the south east now at...
Affordable Funeral Plans
Our recent association with 'Golden Leaves Limited' , a company specialising in the provision of Funeral Plans, enables us to offer really affordable Funeral Plans . The average cost of a funeral today is approximately £3600. This has to be found by your executors out...
What would my parents have wanted?
In a period of grief following death how often is the question raised by bewildered loved ones " what would mother or father wanted to happen? Which of us will inherit the chattels in the house and the car? Are we to sell the house and divide the proceeds? If so are...