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Care fees funding and deprivation of assets: the rules

... and what to do to ensure their financial actions aren't deemed to be deprivation of assets. If your parent is thinking about making a gift to a family member there are a number of considerations that ought to be taken into account. One very important factor is whether ...

A guide to Inheritance Tax

... anything were to happen that affected the children's financial position, parents could find that the house would need to be sold. Can I gift anything without being liable for IHT? You can gift small amounts of money to family and friends without incurring any Inheritance Tax or ...

Who takes responsibility when it's a more distant relative who needs help?

... distant relative who needs help? SOCIAL CARE, RELATIONSHIPS, ELDERCARE, AGEING, POPULATION Dear Lesley We were visiting my parents over the Christmas holiday I thought the visit would be an opportunity to see how they are getting on, as they are both in their 80s ...

Designing activities for people with dementia and their families

... Designing activities for people with dementia and their families DEMENTIA, ALZHEIMERS, CREATIVITY, GIFTS It's hard to watch family members lose the ability to create and play as dementia takes hold. And it makes finding enjoyable activities to share harder too. One young designer, ...

Whose house is it anyway? A question of home ownership

... should avoid as falling foul could be very costly and upsetting for the family concerned. Where a family has undertaken planning that might involve gifting the house or other assets then there appears to be no strict time scale but more a judgment on a case by case basis ...

Myths about Lasting Powers of Attorney

... Duty to act in good faith Duty to keep accounts Duty to keep your money and property separate from their own Attorneys can only make gifts from your funds on customary occasions providing the value of each gift is not unreasonable having regard to all the circumstances, including the ...

Mum didn't tell me about her major heart surgery

... a bit hurt that she hadn't let me know first. My aunt goes on to tell me that mum has been unwell since before Christmas last year. Mum and dad live in Surrey 3.5 hours away from my home in Devon. I've been up to visit at ...

How to fund care home fees through investment

... benefits (since the government allowed a double IHT limit for married couples) this will give your parent the advantage of being able to gift their half of the property to you or other family members on their death, which would then exclude this half from being used ...

How tea parties help to ward off loneliness

... , being involved in the tea parties gives her added companionship which is an important part of leading a fulfilling life. There was one Christmas where we had quite heavy snowfall and she was on her own over the Christmas period so I dropped in for a cup of ...

My strategy for coping with grief

... copious amounts of love. We did everything that we could for them and in return we got their unconditional love Time is the greatest gift I have learnt that when you are well supported you can give the greatest gift, your time. You are in a privileged ...