IHT & Gifts: Judge allows £6m gift

In a previous blog, we discussed how you can reduce your Inheritance Tax liability by making gifts. It really can be an effective way of reducing your estate for IHT, if done correctly. IHT & Gifts Interestingly, there was an article in the paper recently stating that a Court of Protection judge decided that a man […]

Refund of OPG fees – LPAs and EPAs

Did you apply to register a Lasting Power of Attorney (LPA) or an Enduring Power of Attorney (EPA) between 1st April 2013 and 31st March 2017? If the answer is yes, then there is some good news – you may be entitled to a refund of the OPG fees. Refund of OPG fees Why? The […]

LPA – Pensions & Investments

Pensions These days there are various options available with your pension pot and you have to make regular decisions about it throughout your life. Before your selected retirement age there could be investment strategy and fund decisions to be made. On retirement you will have decisions to make under “Pensions Freedom” about whether you want […]

Lasting Power of Attorney (LPA) for Your Business

If you own a business then you should make a separate Lasting Power of Attorney for Property and Financial Affairs in relation to the business only. You should also have a separate Property Financial Affairs LPA for your personal affairs. This applies to Sole Proprietors, Partnerships and Limited Companies. Your Partnership or Shareholder agreements and Articles […]

OPG Registration Fee – Remission & Exemptions

As mentioned in our earlier blog about Lasting Powers of Attorney there is a registration fee that must be paid to the Office of the Public Guardian (OPG) when your LPAs are submitted for registration. The current OPG registration fee is £82 per LPA. However, under certain circumstances you may be eligible for a 50% reduction of the […]

Lasting Powers of Attorney (LPAs)

Many of you will probably be wondering if Lasting Powers of Attorney, most commonly known as LPAs are worth the money. We see clients day in day out contemplating the very same. And we, like many others, most definitely think they are a good investment regardless of age and we will demonstrate why. The other question […]

Long Term Care Fees & Mitigation

It is a fact that people are living longer nowadays. It is predicted that by 2031 more than 36% of the population will be over 60 years old. And that around 70% will need long term care. The likelihood is that the cost of care will be an issue for most of us. Especially in […]