NEWS
As we age, many individuals may require long-term care support or assistance with daily tasks. However, forecasting the extent or type of care required can be challenging. The necessity for long-term care can surface unanticipatedly, as in the aftermath of a heart attack or stroke.
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Regardless of the extent of your accumulated wealth, estate management is vital. This process entails curating a plan for the tax-efficient allocation of your assets in the event of your demise or incapacitation.
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One of the most critical aspects of financial planning and wealth management is arranging for a smooth transition of assets to the next generation. The question that often lingers is, when is the opportune time to transfer wealth – during your lifetime or posthumously?
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There’s a certain nobility in the desire of grandparents to support their progeny and pass wealth down the generations. This process brings several options, each with unique advantages and drawbacks.
Continue reading “Financially empowering your grandchildren”
Drafting a Will serves as a protective shield for your loved ones after your death, ensuring that your estate is handled precisely the way you wish. A carefully constructed Will safeguards your intentions and offers a clear guide for allocating your assets, thus mitigating potential disagreements or misunderstandings among your beneficiaries.
Continue reading “Making a Will”
As an individual when our health declines, managing financial affairs and making vital decisions about our healthcare can become increasingly challenging; this is where a Lasting Power of Attorney (LPA) comes into play.
Continue reading “Lasting Power of Attorney”
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2018 Homer & Co LLP. Homer & Co LLP is authorised and regulated by the Financial Conduct Authority no: 498583 and is bound by its rules. Homer & Co LLP is a Limited Liability Partnership.Registered in England and Wales Company No. 0C344040. Registered Office: The Robbins Building, Albert Street, Rugby. FCA Firm Number: 498583 Legal. The information contained in this website is subject to the UK regulatory regime and based on our understanding of UK taxation laws. It is therefore subject to change. The website is primarily targeted to UK residents aged 18 and over.