Posts tagged “Wills”

Who has gone to visit their loved one in a Care Home? The answer is most of us have, either as a relative or a close friend, and how many times do you go in, and you see several people sat in the communal lounge, most often asleep, there is no activities, or very little activities, or the residents sat in their rooms, again often asleep. This is no fault of the care homes in general, they are busy people, have a lot of people to look after, and limited funds.  
 
Well a Northampton Man is looking at changing all that! 
With space running out for Burials what other options do we now have? In many parts of London you can no longer opt to be buried, and those parts of London that are still offering burials, they are making the graves deeper so that you are buried on top of someone else. Eco-Burials Grounds are filling up, one local to ourselves near Olney is now full. So what are the other options? Cremation, or a new method coming to the UK soon, Eco-Cremation. 
So with last weeks budget, and house prices still soaring especially in the south of the country, what does the new IHT threshold offer?  
The Office of Budget Responsibility says that the government will rake in near on £2 Billion in extra revenue over the next 5 years from Death Taxes. David Cameron had preciously said back in 2015, that they would take the family home out of ant tax equations, as we as hard working families should be able to pass our home on to our children free of any Inheritance Tax. 
 
So What has happened? 
I know throughout parts of Northamptonshire, Kettering, Wellingborough, Rushden, and Irthlingborough, and many other parts of the country, leaflets have been dropping through peoples letterboxes claiming that you can protect your home, your most valuable asset from having to pay for your care should you require care in the future, sometimes described as Asset Protection Trusts, Family Trusts, Care Home Trusts, with the promise, that you can safeguard your home from having to be used to cover care home fees. 
Most people do not class making a Will as something of importance, not being a priority they tend only to only consider making a Will if something happens such as they or someone close is diagnosed with a terminal illness, or someone close has had something unfortunate happen. 
Denise Brewster lost her long-term partner Lenny McMullan whom she had been co-habiting with for over 10 years, they had brought their home together and were planning on getting married.