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How to manage your parent's property once they've moved out

... How to manage your parent's property once they've moved out property, conveyance, care fees, landlord, insurance Rob Dolbear, Director of Bridgefast Property Services shares his advice on what to do with your parent's property once they're unable to look after it, and perhaps ...

FAQ: Appointing Lasting Power of Attorney

... FAQ: Appointing Lasting Power of Attorney Power of Attorney, property, finances, welfare Many people have a basic knowledge of what an Attorney does, but are concerned that appointing an Attorney will automatically mean they give up their independence over their property and financial affairs ...

Myths about Lasting Powers of Attorney

... Myths about Lasting Powers of Attorney power of attorney, finances, welfare, property Setting up Lasting Powers of Attorney is in our view as important as making a Will. It enables trusted family or friends to step in if a person is not able to manage ...

Whose house is it anyway? A question of home ownership

... Whose house is it anyway? A question of home ownership money, finance, assets, care fees, property, power of attorney The When They Get Older team recently read an article in the Telegraph highlighting how home ownership transferrals can be a bit tricky to ...

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

... How can family trusts help to protect assets? (Part 1) inheritance tax, assets, property, will, trusts, When it comes to organising finances, whether for yourself or a parent, the idea of trusts can be both confusing and daunting. ...

What's new for older people in the Autumn Statement 2014?

... What's new for older people in the Autumn Statement 2014? money, pension, finance, property, tax The UK Chancellor of the Exchequer has updated some of the financial rules around tax, pensions and savings in his latest statement. We provide a round-up of ...

What are the retirement housing options for my parents?

... route. Downsizing According to the Associated Retirement Community Operators (ARCO), 81% of 65-74 year olds in England own their own property and statistics show that older people want to remain as property owners. ARCO quotes a Demos report that found that 33% of ...

How to fund care home fees through investment

... this calculation. The State will however include 50% of any jointly held assets in the calculation. As far as your parents' property is concerned, this will only be excluded from the asset calculation if their partner, or a relative aged 60 or over, ...

Care fees funding and deprivation of assets: the rules

... extravagant lifestyle, pay off a debt at a time when it seems unreasonable for the debt to be repaid, or convert assets into property that is disregarded from financial assessment under the relevant rules. This latter category needs some explanation: 'disregarded property' does not form ...

Retiring to the country - 8 things to discuss before your parents decide

... on wheels or medical help be if you're living in an isolated community? What if it snows? Will you even find a suitable property? Smaller properties are often at a premium, and do you want to take on a large house and all its demands? ...