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Do you have a Lasting Power of Attorney (LPA) in place? If you don’t, it could leave you in a vulnerable position if you’re unable to make decisions for yourself, such as after an accident or illness. Losing the mental capacity or ability to make decisions for yourself is something no one likes to think […]
The post 80% of over-55s don’t have a Lasting Power of Attorney in place. Overlooking this could place you in a vulnerable position appeared first on Strathmore Wills & Estate Planning.
Next year, Boris Johnson’s social care cap will be introduced. So, what is it and what does it mean for you? The social care cap limits how much an individual will pay for care during their lifetime. It will start in October 2023. The cap is £86,000, but it may not be as generous as […]
The post Explained: The social care cap and what it means for you appeared first on Strathmore Wills & Estate Planning.
Receiving an inheritance can be life-changing. It could provide you with the financial security to pursue your dreams or make significant changes to your lifestyle. However, it can be overwhelming, and you may worry about making the “wrong” decision that could impact the rest of your life. According to a report in Your Mortgage, 11.6 […]
The post 7 steps to take when you receive an inheritance to make the most of it appeared first on Strathmore Wills & Estate Planning.
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