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Power of Attorney

Incapacity Crisis: Why you need a Welfare Power of Attorney

The number of people living with dementia worldwide in 2015 was 47 million; by 2030 that figure will reach 75 million. A new case is diagnosed every 3.2 seconds. With these shocking statistics it is not surprising that there is a widening gap between the rising number of people likely to lose capacity and the […]

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More money than ever to be passed on to the younger generation

A recent report has shown that the younger generations will inherit much more money than their parents and grandparents did. Wealth amongst older generations has grown by 45% in the last decade, causing more money being passed on as an inheritance than ever before. However, those likely to benefit most are people who are already […]

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Inheritance Tax – Residential nil rate band relief (RNRB) – do you need to review your Will?

A Will is a living breathing document. For it to be accurate at the time of death it has to be kept up to date to reflect any life changes that may have occurred since it was signed. If you don’t do this, you run the risk of it being challenged by an unhappy family […]

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Significant increase in homeowners liable for Inheritance Tax – are you prepared?

Almost a quarter of homes sold for more than the Inheritance Tax (IHT) threshold last year, making their owners’ heirs liable to a 40% IHT bill. The number of sold properties valued above the £325,000 threshold increased to 24%, up from 13% in 2009. Research by Saga Investment Services showed that despite overall property sales […]

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