Many of us will find ourselves needing full-time or part-time care towards the end of our lives – but have you given any thought as to how you’ll pay for it? Paying for care for your loved ones It’s no secret that the UK has an ageing population, and nearly 441,000 people are currently living…
Inheritance tax, probate delays, and more. Is there a better way to leave your home to the next generation? What are property trusts? A property trust is a legal arrangement that operates like most trusts, in that you are taking assets out of your estate and giving control of those assets over to the trustees,…
Dementia is a neurological condition which is estimated to affect around 944,000 people in the UK, according to Dementia UK, and someone develops this condition every three minutes. Of those with the condition, around 60% have Alzheimer’s disease, which is just one of the many types of dementia that people may suffer from. It causes…
Around this time last year my dad who as Alzheimer’s was admitted to hospital with a chest infection, whist he was obviously not right I would not describe him as being seriously ill on admission. A couple of days after he admitted I received a call from the hospital asking me how quickly I could…
“If my family will face Inheritance Tax on things I leave them when I die, what’s to stop me from giving them my assets now?” Clearly you haven’t heard of the 7 Year Rule. Inheritance Tax in a Nutshell Before diving into the world of Inheritance Tax (IHT) planning and the 7 Year Rule, it’s…
Welcome to our new blog. I’m starting to write this for a number of reasons. My name is Ian and I’m the founder of Personal Estate Planning. Without going into too much detail, I’ve had to help my parents out with estate planning and it’s been a challenging process but thanks to my training and…
Are you a Blue Light Card holder? Firstly, thank you for everything you do for us. Secondly, did you know that we at Personal Estate Planning provide a discount to Blue Light Card holders (and their spouse/partner)? Why? Simple, my wife works for the NHS and I see first hand the hard work that she…
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