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Political Promises –Delayed and Deferred

Care fees Cap now delayed until 2020, we are told, after the promise to introduce it next year. If you have assets totalling more than £23250 when you are admitted for permanent care then you are still expected to meet the fees in full. The only thing that will not...

A Joyous Union

Announced in the press today is the marriage of a 103 year old man with a ninety one year old woman. Great news and may they enjoy much future time together. They met about almost thirty years ago when the groom was 76. Between them they have they have 7 children and...

Rogues About

A recent case, successfully prosecuted by Nottinghamshire County Council Trading Standards team, shows  clearly that there are rogues about. An eight strong gang of crooks preyed on elderly and vulnerable people, by cold calling and  door knocking , offering to save...

Political Promises

One party has promised an increase in the basic rate relief for Inheritance Tax. For married couples and civil partners they are increasing the joint thresholds from the present £650k to £1m based on the value of their residence. They herald it as a major boost for...

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...

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...