Oliver's Wills Ltd - professional will writers
0800 3 345 245
  • Home
    • Privacy Policy
  • Our process
    • Preparing a will
    • Why wills fail
    • Will writer
  • Important will facts
    • Why have a will?
    • Inheritance tax
    • Insurance + trusts
    • Probate
    • Last Will
  • Power of Attorney
    • Power of Attorney - fee exemption rules
  • Oliver's blog
  • Contact us
    • Links
  • Downloads

Hiding your parents wealth...

26/2/2012

1 Comment

 
A BBC story today (see February 2012) explores some of the issues behind families attempting to hide properties or other assets from local authorities. The story tells of one family that was almost pulled apart by the decisions made. Deciding to hide the facts or even lie is a big step to take, but the way local authorities behave differs considerably.

The decisions taken nowadays to avoid paying local care home costs, while there is sufficient capital to do this, surely stems from one of two ideas: that the system is not fair, in that it asks for too much, leaving too little as an inheritance or that while there are legal ways to avoid the fees, they must be taken. There are certainly legal ways to help avoid nursing home costs, including property trusts, which include giving a lifetime interest to the survivor of the elderly couple. Talk to your will writer to see what options may be best for you. At the end of the day, the rules will keep changing, so is it ethical to say that while it is possible to avoid these fees, one should always try to do this?
1 Comment

Don't leave it too late!

23/2/2012

0 Comments

 
remember that a will should not be left until it is too late - the only time you should write a will is when you are fit and healthy! As an example of leaving things too late, Virgin had to buy back www.richardbranson.xxx (xxx is the new adult domain name like .dom) and they had a big legal battle to do this. In a similar way, your beneficiaries may have to pay large sums to have an out of date re-written after you die, so this is a good excuse to bring it up to date.
To summarise - don't delay - get it today!
0 Comments

    About Oliver!

    Oliver has a mixed background in law and financial services, and he is focussed on providing will writing and other will services to our clients. The business expanded from a small regional business into a business with national coverage via video and with local consultants where possible.

    Oliver has a law degree, which included a specialist subject of wills and probate law, and passed the Legal Practice Course (LPC), which is the last step before training as a solicitor. We love the cost effective service we give though, and the high quality service we always aim to give.

    Archives

    May 2020
    January 2018
    September 2015
    September 2012
    May 2012
    April 2012
    February 2012
    November 2011
    October 2011
    March 2011
    February 2011
    October 2010

    Categories

    All
    Bank Charges
    Children
    Data
    Digital
    Diy
    Diy Will
    Indemnity Insurance
    Information
    Lasting Power Of Attorney
    Lpa
    Nursing Home Fees
    Probate
    Regulation
    Solicitors
    Twitter
    Uk Deaths
    Why
    Will

    RSS Feed

We are committed to your safety, and to help you arrange a Will or lasting power of attorney without needing a personal face to face appointment, we can also offer Skype, Zoom, FaceTime, Messenger or many other types of video calls.
​
Call us or use our contact us page for more details.

Picture
Call us on 0800 3 345 245 for more information!
Calls to 0800 numbers are part of your inclusive minutes for mobile phones so should be at no cost.
Oliver's Wills Ltd are Members of the Institute of Professional Willwriters No. 2154
Privacy Policy
​