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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 ...

Home - When They Get Older

... member for FREE Access our exclusive "How to" guides, free stuff, checklists and much more... Food and drink gift guide 2016 for grandparents and older parents CHRISTMAS GIFTS GRANDPARENTS SENIORS Choosing presents for older parents and grandparents gets harder as the years roll ...

How to make downsizing a good experience

... year old student! then discuss the likely outcomes with your parent and find a more suitable recipient or solution (see below). Gift againI cannot stress the importance of giving and receiving. The art of storytelling, the creation of memories, safe passage of personal ...

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 ...

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 ...

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 ...

The health benefits of plants for your parent

... , story This week's storyteller is Clare Long. Clare, founder of Granny Dodo's Gardens, shares how flowers can be more than just gifts for our parents, they can also bring enjoyment and brighten up daily life in a care home. My grandparents had a wonderful ...

How can family trusts help to protect assets? (Part 1)

... for couples). With house prices rising all over the country, many people will find their property attracting this tax. Anyone can gift small amounts of money to loved ones without incurring inheritance tax and trusts are a good way of doing this. If your parent ...