Whilst UK house prices are prone to short term fluctuations, when viewed as a long-term investment, property prices will almost certainly continue increase. This combined with today’s high market values means that, in most cases, a person’s home almost certainly, forms a major part of their estate. Given all this, a Will should be revaluated...
Latest statistics tells us that 45% of retired British people have not discussed Inheritance Tax Planning (IHT). Furthermore, the average age for putting a Will in place is 58. These findings seem incredible when you consider the potential costs that are at stake. IHT is a tax that has a standard rate of 40%, levied...
The Ministry of Justice has published figures that show a 47% increase, on the previous year, of Wills being contested. Recent years have seen a large increase in house prices that have served to drive up personal wealth. This, combined with evermore complex family structures as a result of separations and divorces, are a big...
Presently, there are over 850,000 people living with dementia in the UK with it affecting more people than heart disease. In recognition of ‘World Alzheimer’s Month’ during September, and Alzheimer’s accounting for 60% of dementia cases; this blog outlines the things that need to be considered for those newly diagnosed. Whilst we understand it’s incredibly...
