Who is responsible for looking after us if we need care in old age? As we get older, many of us will need help looking after ourselves. With the United Kingdoms population ageing, more people will be living with long-term care needs.
As we get older, many of us will need help looking after ourselves. With the United Kingdoms population ageing, more people will be living with long-term care needs.
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Making arrangements for your closest loved ones The coronavirus (COVID-19) outbreak has prompted many people to get their affairs in order by updating their Will. Increasingly COVID-19 has been on the minds of UK residents since the outbreak caused a nationwide lockdown last March, and the severity of the outbreak has led many to finally … Continue reading “Writing a Will”
The coronavirus (COVID-19) outbreak has prompted many people to get their affairs in order by updating their Will. Increasingly COVID-19 has been on the minds of UK residents since the outbreak caused a nationwide lockdown last March, and the severity of the outbreak has led many to finally get around to creating or updating an out-of-date Will.
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Peace of mind that there is someone you trust to look after your affairs A Lasting Power of Attorney (LPA) is a legal document that allows you to appoint one or more people to make decisions on your behalf during your lifetime. The people you appoint to manage your affairs are called the Attorneys. A … Continue reading “Lasting Power of Attorney”
A Lasting Power of Attorney (LPA) is a legal document that allows you to appoint one or more people to make decisions on your behalf during your lifetime. The people you appoint to manage your affairs are called the Attorneys. A LPA is a completely separate legal document to your Will although many people put them in place at the same time as getting their will written, as part of wanting to plan for the future.
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Passing assets efficiently to the next generation There are many things to consider when looking to protect your family’s lifestyle and your home. Protecting your estate is ultimately about securing more of your wealth for your loved ones and planning for what will happen after your death to make the lives of your loved ones … Continue reading “Inheritance Tax”
There are many things to consider when looking to protect your family’s lifestyle and your home. Protecting your estate is ultimately about securing more of your wealth for your loved ones and planning for what will happen after your death to make the lives of your loved ones much easier. It’s not nice to think about but it means that your loved ones can carry out your wishes and be protected from Inheritance Tax.
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Protecting, preserving or ultimately distributing wealth As part of your Inheritance Tax planning, you may want to consider putting assets in trust – either during your lifetime or under the terms of your will.
As part of your Inheritance Tax planning, you may want to consider putting assets in trust – either during your lifetime or under the terms of your will.
Continue reading “Trusts”
