01903 821010

When is a gift not a gift?

Imagine if Santa gave you a toy but told you it was still his to play with. You probably would not consider that a gift. Neither would the taxman, he would say it is a “gift with reservation”. In the grown-up world this occurs when people attempt to avoid inheritance...

Do you really need a Lasting Power of Attorney?

I recently heard a comedian complaining about how difficult it was to pay his utility bill. He was saying how he got taken through five minutes of security questions before they would let him pay his bill over the phone. When he challenged them as to why this was...

Long term care

The first time most people think about funding long term care is when they or someone they love needs it. Care can be given at home or in a care home, but either way, it has to be paid for. Sometimes the NHS will contribute for someone with a chronic illness, but...

What does the rate rise mean for you?

Last month for only a second time in a decade the Bank of England Base Rate was increased. It now stands at 0.75%. Although this isn’t the actual rate that borrowers pay or savers receive, the increase means banks are likely to change their rates accordingly. This is...

Who are your executors

Who are your Executors? There has been a lot in the news the past few weeks about banks essentially paying themselves up to £15,000 having appointed themselves as Executors in Wills that they have previously arranged for customers. Coupled with some solicitors triple...

Advice or Guidance

The new pension’s freedom rules effectively allow anyone over the age of 55 unrestricted access to their accumulated pension funds including the option to withdraw it all as a single lump sum. With this in mind some may question whether there is still a need for...