assets
Care fees funding and deprivation of assets: the rules
Member of Solicitors for the Elderly and Associate with Clarke Willmott LLP Heledd Wyn shares how to protect your parent from the possible pitfalls of a Local Authority investigation and what to do to ensure their financial actions aren’t deemed to be deprivation of assets. If your parent is thinking about making a gift to […]
Read moreHow to fund care home fees through investment
Andrew Dixson-Smith, Business Development Director of care fees specialists Eldercare Group, shares his advice for managing your parents’ finances to pay for their care bills. The process of finding suitable care for a parent can be an extremely daunting prospect. Quite often, this process has to be undertaken at a time of crisis for the […]
Read moreWhat happens if a relative dies intestate?
Update February 2020. According to Which? two in five homeowners don’t have a will, which means rules of intestacy will apply should they die. And that could mean property going to unintended recipients. The death of a relative is always a difficult emotional time for the surviving family members and friends, but if the deceased […]
Read moreHow to contest a will and why
There are all sorts of reasons why people might be unhappy about the contents of a will, from concern about undue influence to surprise at who’s received what. For anyone who wants to contest a will after the fact, it’s a complicated and arduous process. David Williamson of Coles Solicitors explains why and how. Understanding […]
Read moreWhose house is it anyway? A question of home ownership
The When They Get Older team recently read an article in the Telegraph highlighting how home ownership transferrals can be a bit tricky to organise in terms of tax and care planning. Local councils have employed inspectors to investigate elderly who sign their homes over to their children. These inspectors have the power to reverse […]
Read moreWills and Probate – why are they so important?
When it comes to preparing a will or organising probate a lot of us don’t know much about what’s involved. Here’s a comprehensive funeral guide from ArrangingaFuneral.com, for advice on how to navigate these waters in the event of a parent’s passing. Why is a will important? When a parent passes away, it can be […]
Read moreWhat to do when a parent dies
Losing a parent is an emotional time. Yet there are numerous practical tasks to be undertaken – some quickly, some over time. Here’s a step-by-step guide to what you need to do when a parent dies, written by Louise Pearce from her own experience and her work as a family solicitor at Morrisons. This article […]
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