The aristocratic singer and TV star Bo Bruce has won a court battle against her brother Thomas Brudenell-Bruce, Viscount Savernake, over their inheritance after their mother died. Bruce, whose full title is Lady Catherine Anna Brudenell-Bruce, was a runner up on the TV series, The Voice and has had chart success with the top 10
The average stay in a care home is approximately 2 1/2 years [*LaingBuisson, Care of older people: UK market report, May 2017, p. xxiii] and the costs are typically £82,000 over that period of time. Planning for the potential care fees can ensure that your family and loved ones receive some inheritance when you die.
Should you require full-time residential care you will be expected to pay for your own fees where your capital exceeds £23,250. Whilst there is no safe way of avoiding paying care fees, there are measures that can be put in place to protect your estate. Planning for care fees may involve reviewing and amending your and your partner’s Wills to establish trusts which will provide some asset protection.
We can review how your estate is structured, consider how your home is owned and ensure that you are aware of any future liability. We can then take steps to protect your home and other assets.
We can provide practical and proactive advice to ensure your family wealth is protected.
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Presentation slides from the webinar ‘Cohabiting Couples & Living Together – What are your legal rights?’
Presentation slides from the webinar ‘The importance of having a Lasting Power of Attorney’.
When someone dies without a will, their estate is distributed according to standard rules, known as the rules of intestacy. Our factsheet outlines what you need to know when this happens and how your estate can be protected.
Join Stephen Nolan and Benedict Smith for our latest #AskMachins podcast discussing challenges to wills.
If you have any questions or would like to get in touch with our Dispute Resolution Team then they’d to love to hear from you on 01582 514000