• 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...

Spouse Care Problems

Imagine your spouse developing Alzeimers and having to be taken into care as a result.

Also picture that you have made mirror Wills leaving everything to each other in the first instance and that you own your home jointly.

A scenario could develop where you die first and all your assets then pass to your spouse who is in care and unable to manage them. Your home is then at risk of sale to meet the care fees. This could leave your loved ones with little or no inheritance unless some action is taken quickly.

Firstly as soon as your  spouse is taken into care review the property ownership. Make sure it becomes owned as ‘Tenants in Common’ so that you do own one half each.

Secondly review your own Will and ensure your half of the property is left in Trust to your loved ones. This ensures the property cannot be sold to pay care fees whilst your spouse remains alive. After death of the spouse your loved ones will be guaranteed to receive fifty percent of the property value.

Failure to take this action could result in your loved ones receiving nothing at all from the estates of you and your spouse.