• Basic Wills from £150.00
    Basic Wills from £150.00
    Without a valid Last Will and Testament any assets you leave on death will be distributed according to the Rules of Intestacy. These rules lay down a rigid method of estate distribution and make no account of your wishes. Click the image to read more...
  • We realise that most people haven’t experienced probate before. Probate is the administration of a deceased’s Estate by the appointed “executors” in the Will, usually family members. At an already difficult and emotional time, the complexities of executing a Will and establishing any appropriate Trusts can be an arduous task. Click the image to the left to read more...
  • Inheritance Tax is simply a tax on money or possessions you leave behind when you pass on.It can also apply to some “gifts” you make during your lifetime. It is therefore vital that you receive professional Inheritance Tax Advice on your position to minimise the impact and tax paid should the worst happen, ensuring that your loved ones receive as much of your money as possible. Click the image to the left to read more...
  • Without a valid Last Will and Testament any assets you leave on death will be distributed according to the Rules of Intestacy. These rules lay down a rigid method of estate distribution and make no account of your wishes, unless you write a will. Click the image to the left to read more...
  • Lasting Powers of Attorney from £195
    Lasting Powers of Attorney from £195
    Often serious illness or accidents strike without warning. Last year, for example, approximately 130000 people suffered strokes. Without a Lasting Power of Attorney being available this is when it becomes difficult... Click the image to the left to read more...

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 happen now under the Care Act 2014 which came into force in April this year is that your house will not be taken and sold whilst you are alive to meet the fees. If you are unable to pay from other resources then the Local Authority will lend you up to 70% of the value of your house to pay the fees. They will charge interest on whatever is loaned to you and your relatives will have to meet the total after you have died. Usually this will probably mean a sale of the house to fund the loan.

Increased relief from Inheritance Tax promised is now deferred to be introduced piecemeal over 4 years from 2017. The promised increase of £175k for each person is to be spread over 4 years .  £100k in 2017, £125k in 2018, £150k in 2019 and finally £175k in 2020.

Financial planning through Property Protection Trust Wills and Revocable Life Interest Trust wills is still essential to protect your assets.

Do not rely on promises Do rely on your self

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