Changes To Stamp Duty – What Do They Mean?

From 22nd November 2017, anyone buying their first home priced up to £300,000 will not pay stamp duty. Stamp duty relief (SDLT) will also be available on the first £300,000 of the purchase price of properties up to £500,000. This is primarily aimed at reducing costs for first-time buyers in highly-priced areas, such as London. What Is […]

What Are Deathbed Gifts And When Are They Legal?

A deathbed gift can override the usual formalities for making a will. This gift by a dying person is formally known as Donatio Mortis Causa. This year, in a fascinating case, an 84-year-old man, Stephen Keeling, was prevented from inheriting a house that he claimed was a deathbed gift from his elderly sister, Ellen Exler. […]

Beware – Schemes to Avoid Care Costs Can Be Seen as Deprivation of Assets

The average annual cost of nursing care is over £40,000. So, schemes that aim to avoid selling your home to fund care fees are big business. But be careful; if you take this route, you could be accused of deliberate deprivation. Funding Care If you or your loved one reaches the point of needing residential […]

Are You Eligible For A Nursing Care Refund?

Thousands of people across the UK need to receive long-term care due to disability, accident or illness. The NHS funds the full cost of this care to eligible people. However, many are unaware that they may have paid for care unnecessarily and may qualify for nursing care refunds. NHS Continuing Healthcare Funding (CHC) Access to […]

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