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 the roof over […]
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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 compared with a normal marriage Assets can be transferred to […]
Witnesses
Make sure your Will is properly witnessed. Failure to do so will make your Will invalid.You need two independent persons present at all times when signing your Will. They do not need to know what is in the Will but only to know what document is being signed and that the document is understood and […]
How caring is this?
At last the Government has announced it’s proposals for Health and Social Care Reform. They introduce a lifetime funding cap of £86000 for any individual requiring personal care. It also proposes that you will be liable to meet the funding in full if your total assets exceed £100000 The new means test will start in […]
Worry not
There is much emphasis at present on mental illness The combination of Coved, shutdown,, self-isolation, lack of normal illness treatment has created considerable fear in the minds of many people. Being left with one’s own thoughts for over eighteen months has a severe effect on individuals The fear is usually of serious illness or even […]
Still Unresolved
Once more the Government has delayed any revised policy on Care Home Fees for those requiring care in later years. This means there is still a great potential liability on all those who own property and other assets which could result in little or nothing being left on death to be passed on to loved […]
Long Life
Most people want to continue living as long as possible . Modern understanding of diet and exercise combined with ever improving medication appears to be extending the period of life for the majority. However older age does bring with it potentially more risks. As we age our bodies become more frail occasionally leading to falls […]
Ask Yourself
Are you a Single Parent? Are you living with a partner but not married? Are you just divorced? In any of these situations you should seriously consider making a Will. By doing this you can name guardians for your infant children, ensure your existing partner inherits your assets and protect against previous spouses. Are you […]
Are You really prepared for Coved?
Provided we all follow the lockdown rules then we can assume we are doing sufficient to meet the Coved crisis But are we prepared if we catch the virus? If it knocks us seriously ill and we become unable to manage our affairs either financial or healthwise who will do it for us? Has anyone […]
Xmas-a time for giving
Thoughts of giving often come to mind at Christmas time. What presents shall I buy? Will they like it? Have they got one? All of this we think about during the festive season. It becomes a good time to seriously consider what gifts you should include in your Will. Legacies to Charities, gifts to worthwhile […]