Clive Barwell addresses issues in the care sector, what people need to be aware of as they or a family member prepares to go into care and the value of a financial adviser in the process.
Some clients have retired when they begin to plan for IHT. For some, this may be too late, as this raises the possibility of being taxed on gifts already made as they’re more likely to die within the seven year timeframe for tax-free gifting. Find out more in this article on the essentials of gifting.
The UK population is getting older – and quickly. This is increasing the strain on the UK care sector and is likely to mean that in future we need to pay more ourselves for care if we want to enjoy a similar quality of life – but how do we go about paying for it?