Dementia Tax: What Is This?
The Conservative Party Manifesto announcement and subsequent U-Turn on the requirement to pay for social care may have caused many voters to switch their allegiance in the June Election. Although this so-called “#Dementia #tax” is not strictly a tax, paying for social care has become more important than #Inheritance #Tax for many families.
Common problems with wills
For the unprepared, the process of making a will and ensuring it is followed properly can contain many pitfalls. Every step taken must abide by the letter of the law and any diversions can result in an invalid will and the moving of the deceased’s estate into the realm of intestacy law.
Trusts: An introduction
The comedian Rik Mayall shocked the British public last year after he died suddenly at the age of 56. Almost a year on, the future of his £1.2 million estate has been thrown into doubt after it emerged that he failed to leave a valid will, thereby leaving his assets ‘intestate’.
A taste of medicine for your finances
Doctors, when was the last time you gave your finances the kind of care and attention you give to your patients?
Are we ‘removed from the reality of retirement’?
Recent research shows people are less willing to save for retirement, but longer life expectancy means a longer retirement to fund.