Archives: June 2018

Care Home Fees and Deliberate Deprivation of Assets

Ellis Chapman. STEP qualified private client solicitor writes - The population aged 65 plus is due to increase by 50% over the next 20 years. Families therefore need to consider the costs of paying for care, in a nursing or residential home, where costs are exceeding £1,000 per week on average. This has encouraged some …
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Calls for overhaul of the Inheritance Tax regime

A “lifetime receipts tax” would be fairer and harder to avoid, raising more money for the State and encouraging families to pass on their wealth to younger members. The think tank proposal, part of a campaign led by Lord Willetts, is looking at ways to tackle intergenerational inequality. The IHT Regime, where most married couples …
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