New research into adult social care funding published
A new formula to be used with the Local Government Finance Settlement has been proposed under the Review of Adult Social Care Needs Formulae.
Over 65s predicted to amass £86bn in debt this year
Recent research suggests that total debt for over 65s will reach £86 billion in 2018.
Will Writing and regulation
There are two questions that I am regularly asked to comment on.; 1) at 67 and after 24 years as DG what is my exit strategy, or put more bluntly what happens with the Society should I suddenly drop dead? and 2) what is the future for Will Writers regarding regulation?
Wall v Munday – Case Focus
The recent appeal case of Wall v Munday [2018] EWHC 879 (Ch) has provided a useful update in relation to properties co-owned as both joint tenants and tenants in common. Bryan Wall and Christine Munday married in 1969 and divorced in 1974. During that marriage, they bought a house (7 Wellsmoor Gardens) as joint tenants. […]
Well known TV host dies aged 62
Well known TV host and radio presenter Dale Winton has died.
43% of 18 – 32 year old’s expect parent’s inheritance to cover debts
Recent research has revealed that two thirds of so-called millennials are relying on their parent’s inheritance, with many hoping to use the funds to cover debts.
12% have made no provision for retirement
Recent research has revealed that 12% of people set to retire this year have not made any provision.
Growth of IHT hits record high
New figures show that inheritance tax receipts have grown significantly over the past 12 months, reaching £5.3 billion in the year to end of February.
Retirement interest only mortgages re-introduced by FCA
In an effort to widen the product range available in the later-life lending sector, retirement interest-only mortgages will now be treated as standard mortgages by the Financial Conduct Authority (FCA).
Best Practice Representative Countrywide Group Talk Capital Gains Tax for clients with additional properties
As ‘Best Practice Representative’ in the inaugural Law & Justice edition of the Parliamentary Review, Countrywide Tax & Trust Corporation Ltd and its experts embark on presenting another webinar on based on Capital Gains Tax.
Equity release helps fund first time buyers
Recent research has revealed that every week, up to 18 first time buyers are being helped onto the property ladder through the use of equity release loans.
Decline in people considering property to boost retirement income
New research has found that the number of people willing to move to a smaller property or become a buy to let landlord in order to increase retirement income has fallen.
Warning issued over pitfalls of DIY wills
Families who are incorrectly filling in homemade wills could be disinheriting their children.
Today’s Wills and Probate Feature: Money Laundering and Risk
The legal sector is a common target for money laundering.
Will drafting risks are on the rise
A Will is one of the most important documents that someone will write during their lifetime. As well as dealing with sentimental and often emotional matters, having a formal Will is the only way to ensure that an estate is distributed in line with final wishes.
January sees equity release hit record high
New figures have revealed that the amount of equity released last month hit a record high.
2017 sees retired homeowners gain almost £8k in property wealth
New figures have revealed that retired homeowners received over £7,900 in property wealth during 2017.
27% of equity consumers take out plan to clear existing mortgage
Recent research has found that over a quarter (27%) of people who took out an equity release plan in 2017 did so to clear an existing mortgage.
Labour leader concerned over ‘cab-rank’ burial policy
Jeremy Corbyn has highlighted what he calls ‘serious concerns’ over the ‘cab rank’ burial policy of a north London coroner.
Power of attorney refund scheme launched
A refund scheme for those who have been overcharged for their power of attorney fees has been launched today.
