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Gifting and Inheritance Tax – What You Should Know

Gifting and Inheritance Tax – What You Should Know

by Later Life Admin | Nov 24, 2025 | Financial Advice, Legal Advice

If you’re thinking ahead to your later years, making planned lifetime gifts can be a smart way to ease the burden of inheritance tax (IHT) and ensure more of your wealth goes to the people you care about. Why consider gifting? You receive a tax-free allowance...
Understanding NHS Continuing Healthcare Funding.

Understanding NHS Continuing Healthcare Funding.

by Later Life Admin | Mar 17, 2025 | Financial Advice, Legal Advice

This article discusses Contiuning Healthcare Funding and when it may apply to your care situation.  As the cost of care increases, reaching around £1,600 per week for residential dementia care, the financial burden of paying for care and protecting life savings is a...
£400 Million Increase in Inheritance Tax Payments

£400 Million Increase in Inheritance Tax Payments

by Later Life Admin | Nov 10, 2023 | Financial Advice, Legal Advice

As per HM Revenue & Customs, the total Inheritance Tax (IHT) receipts from April 2023 to September 2023 amounted to £3.9 billion, marking a £400 million increase compared to the corresponding period in the prior year. June 2023 recorded the highest-ever IHT...
What can you do to help your mum, dad, or other relative prepare for older age?

What can you do to help your mum, dad, or other relative prepare for older age?

by John Pughe | Apr 22, 2022 | Care at Home, Carer & Family Support, Financial Advice, Legal Advice

Whatever your age, it is important to have a conversation with your mum about how she wants to be supported now or in the future.  You can’t read her mind and the only way to be sure you know what she wants is if you ask.  Don’t wait for a crisis, because by then it...
Reducing the risk of Dementia

Reducing the risk of Dementia

by CheshireLLHadmin | Apr 16, 2022 | Care at Home, Carer & Family Support, Financial Advice, Legal Advice

It is reported that around 50 million people around the world are living with Dementia, and with 10 million news cases reported each year, its growing at an alarming rate. Dementia can affect anyone and doesn’t discriminate against the elderly or the young and...
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