Many married couples and unmarried partners have prepared Wills leaving everything to each other and then to children or other family members. These are known as Mirror Wills. Usually they are sufficient for happy close knit families with each believing everything is secure following the death of one spouse/partner. Unfortunately Mirror Wills are not secure […]
Tag Archives | Protective Trusts
Trusts
So what Trusts can I use to protect my assets on death? There are several types of Trusts you can put in your Will to ensure your assets at death will reach your chosen beneficiaries. Firstly there is a Property Protection Trust which can provide a protective shelter for the value of your home allowing […]
Attorneys, Executors and Trustees
These three titles often confuse many lay people when planning their affairs both for life and death. It is understood that each of the titles refer to someone who is acting on your behalf , but how and when appear to cause confusion. Firstly all of the titles refer to someone you have personally appointed […]
Airshow tragedy
What a terrible day yesterday when an aircraft at Shoreham Air Show in Sussex failed to complete a ‘loop to loop’ demonstration and crashed onto the busy A27 killing at least 11 people. What a tragedy for the families of those killed in the crash. Probably people out for a day’s pleasure or even business […]
Double Penalty for Savers
Savers pay double tax
More Women in Care
A new study from Queen’s University Belfast indicates that Women are 40% more likely to go into Care Homes than Men. The researchers followed over 20,000 couples over the age of 65 for six years in order to produce these findings. It also indicated that people were far more likely to go into a home […]
14% Increase in Care Home Fees
Research carried out by Age UK has found that average care home fees have rocketed over the past year by a staggering 14%! Prices appear to be highest in London where annual averages for care homes is £35300 and for nursing homes £45100. Throughout the UK the average is now £27300 and £37500. Apparently the […]
The Best Move
After a year long campaign by a carer of a disabled son Ministers and MP’s are calling for banks to improve services offered to carers and those operating bank accounts on behalf of elderly or disabled relatives. According to an article in the Mail on Sunday there are approximately six million people caring for spouses, […]