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Fixed rate pension introduction brought forward
It appears the government has decided to bring forward the introduction of April 2016. To qualify I believe the number of NI years has been raised from 30 to 35. Does anyone know what will be the position for anyone without the necessary NI years? I need to review whether to buy additional NI years.
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silly q, interest on big savings??
really silly question, sorry. My mum (65) gets about 12000pa in total of what she says is tax-free income (from ex-husband, pension and Disability). she recently sold her house and now has 70000 in savings. does she have to pay tax on the interest? we are trying to work out whether we were stupid to put some in an ISA?!
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Adivce please
My wife and i have just turned 60 We would like to alter our will giving our 2 children 25% each and we own the other.If either on of us passes away the other gets to stay in the house. I understand that to avoid inheritance tax we have to live for 7 years after making the will.Any advice would be helpful.
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Dental Problems
Not sure if this is the correct thread for this post, but would like some advice regarding an elderly aunt that needs dental work, her dental sent her to teaching hospital as they would not do the work on NHS, the reason she was sent to the teaching hospital was because she got osteoporosis and the dentist said it would be…
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How do you administer a tenants in common trust
My mother in law died several months ago and as she was caring for her husband we have had to move him into a care home. They had a tenants in common will and their house is now being sold to pay for care home fees. Only half the property now belongs to my father in law and the other half will sit in trust to be inherited…
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Lasting power of attorney v Court of Protection
I had an interview with an officer from the Court of Protection this afternoon with regards to my mum. He said that if anyone had a lasting power of attorney and the person it concerned was unable to make decisions for themselves, they would still have to get a court of protection to take care of their affairs. But my…
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Senior railcard
Hi, Not sure which forum to post this in, but, Does anyone know of any deals on Senior railcards?
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NI payments and retirement
Hope I'm in the most appropriate section :) My wife reaches her "revised" pension age in August. We've been told that she does not have to pay National Insurance from the start of the new tax year in April. If that is true (and it seems to good to be....) can someone point us to where we get whatever form she needs to get…
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Care home fees, money running out.
Hi guys, this is my first post, so please be gentle with me! Oh, I hope I've posted in the right place also! My mother-in-law has been in a care home for the last 5 years due to her having a quite severe double stroke. When she first had the stroke my wife and I decided that we would sell our family home and also my…
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Savings and advice
Hi As from april I am told I will get pension credit as no longer due to age get income support as a top up on CA, so would I be any better off if I kept with CA and then I suppose they would top up with PC , so my money would be the same . or give up CA and stay with PC. The main thing is how much savings can you have if…
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will
I am not sure if this is the right thread but I have a question about my will. I am trying to update it and my present will gives security of tenure for my daughter, son in law and grandchildren to stay in our house, where they live, should I die. This stands until the youngest reaches 18 and they have always lived with me…
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Selling home to pay care home fees?
Hi I wondered if any of you knowledgeable people on this forum may know anything about paying care fees and if there is any way to avoid selling an individual's home who needs care to pay for it. A relative is currently in a nursing home after a stay in hospital and respite care. They felt unable to manage at home so went…
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Advice regarding dementia, theft and POA
Sorry in advance if this becomes quite a long post but there's a few different issues I want advice on if anyone is knowledgeable. My Nan is an 87 year old blind diabetic. She has done amazingly well staying in her own home all these years with only a visit from the community nurse to draw up her insulin. The time has now…
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Financial Protection in Early Dementia?
I have a seventy something relative who is in the process of being diagnosed with dementia (referred for hospital memory test). :( They presently live with their spouse (who is quite a bit older, has physical health problems, I *think* largely separate finances) in my relative's home. There is one adult child who is very…
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Elderly Relatives - Worried and stressed
Hi all, I'm using this account as I'm going to go quite in depth into some very personal issues and I would like to keep that separate from my usual on-line persona. The following is all in relation to my partners elderly grandparents; they have been more like parents to her for the entire duration of her life and as such…
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Care Home Fees
In a quandry with this and hope someone can shine a light. My mother who is 81 was at home until recently when after a fall she was hospitalised - I was hoping she would return home but at the moment she has been put into "respite" care . She has a reasonable pension package which was being used when she was at home to…
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Power of attorney
Some years back my parents just sprung on me out of the blue a "request" to sign a form agreeing to have power of attorney on them. They knew I was visiting with a friend (ie potential witness) and the form was sitting there and it was a case of "Here...sign here". They had never mentioned this to me previously. I would…
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Changes to care, fees and assets?
My gran has asked me to try and find out about the new changes that have been (or are being) made to paying for care, help with money and your assets. I've had a look on google but not managed to find anything. Does anyone know anything about it? Or have a link I can look at. thanks :beer:
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5% on year-long fixed accounts !
There is an article in the MSE suggesting its possible to obtain 5% on £100,000 deposited in year-long fixed accounts......... can anyone please tell me who is offering such rates..... The article appears under the heading "Do you live off savings interest?" When using fixed rate savings, you won't usually get paid monthly…
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Care Home Fees - paying for one month after death
I'm not sure if this has been discussed recently. How common is it for a care home to charge one month's fees after death or after giving notice?
