WHAT HAPPENS WHEN A MARRIED HOME OWNER DIES?

WHAT HAPPENS WHEN A MARRIED HOME OWNER DIES?

As a home owner in your first marriage or civil partnership your property will probably pass to your spouse or civil partner when you die. However the future life circumstances of your spouse or civil partner will determine whether or not your beneficiaries (children)...
DOES MY PARTNER HAVE A HOME AFTER I DIE?

DOES MY PARTNER HAVE A HOME AFTER I DIE?

You may be surprised to learn that if you own your home and your partner (un-married) lives with you, no matter for how long, has no right to keep living in your home after you have died. Your partner has no rights. Unless you have made provision in your will for your...
LONG-TERM CARE

LONG-TERM CARE

With the UK’s population ageing, more people will be living with long-term care needs. Oscar Wilde once said: ‘The tragedy of old age is not that one is old, but that one is young.’ But the good news of rising life expectancy also brings with it the challenge of how...
MAKING A WILL

MAKING A WILL

THE LAW WILL DECIDE If you die with no valid Will in England or Wales, the law will decide who gets what. If you have no living family members, all your property and possessions will go to the Crown. If you make a Will, you can also make sure you don’t pay more...
LASTING POWER OF ATTORNEY

LASTING POWER OF ATTORNEY

A Lasting Power of Attorney (LPA) is a legal document that allows you to appoint one or more people to make decisions on your behalf during your lifetime. The people you appoint to manage your affairs are called the ‘attorneys’. An LPA is a completely separate legal...
TRUSTS

TRUSTS

As part of your Inheritance Tax planning, you may want to consider putting assets intrust – either during your lifetime or under the terms of your Will. Putting assets in trust – rather than making a direct gift to a beneficiary – can be a more flexible way of...