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Joint Life or individual private pensions.
My husband and I can both get our private pensions next year. Someone said that we should get joint life because that way the pension isnt lost if one of us dies. I know it will be at a slightly lower rate but we need the money. (I know about income drawdown and lump sums etc but we want to buy an annuity) I wondered if…
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House deeds transfer
Could anyone tell me if its duable to transfer my house (I own outright) into my daughters name, without it causing my daughter any tax implications ? The reason being that I am getting married soon, & I dont want my husband to be to have any hold over this house. This may seem cold & calous to some, but I have been hurt…
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Hospital stay- reduction in state pension
Could somebody please tell me if the information I've been given is correct that if you are drawing a state pension and have to go into hospital, the pension you are entitled to is reduced as the state are paying to look after you in hospital? If it is correct, do you lose a complete day's pension per day in hospital or…
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Saving for grandchildren in Australia
I have two small grandchildren who live in Australia and I would like to start savings accounts for each of them, starting with a lump sum of £250, and then putting in £20 a month. Can I do this through UK building societies, or as they're not UK citizens, is that not permissible? Is there a tax efficient way of doing this…
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Tips and Tricks for over 60's, 65's 70's
Does anyone have any tips or tricks to make life easier for the over 60's My tip would be to get a State pension forecast from http://www.thepensionservice.gov.uk/state-pension/forecast/home.asp BEFORE your official retirement date. [threadbanner]box[/threadbanner]
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What happens when a will beneficiary dies?
Hello. I am named as an executor of a friend's will. The will is very simple and leaves his estate equally between his two sons (I am not sure of the exact wording and he is too distraught to talk about it in detail at the moment). One of my friend's sons died unexpectedly at the weekend. Does my friend need to change his…
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Nursing home fees - valuation of jointly owned property by local authority
Sorry, but this one's a little complex. Para 7.014 of the Department of Health's Charging for Residential Accommodation Guide (CRAG) states that: Where an interest in a property is beneficially shared between relatives, the value of the resident's interest will be heavily influenced by the possibility of a market amongst…
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ISA Allowance increase for 50+
If you are over 50 on or before 5 April 2010, from 6 October 2009 your annual ISA allowance for this tax year will increase to £10,200. Hopefully the rates will increase :rolleyes:
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Have your say on the Big Care Debate
[title=http://images2.moneysavingexpert.com/images/dp/wtd_underline.gif] What's this about?[/title] The government has written a report about its long term plan to create a 'National Care Service', to cover care and support for adults, and is looking for public opinion on its proposals. The care and support could be either…
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travel insurance to usa for 66yr old with pacemaker £350.00 for 2 weeks!!!!!
can any 1 help??? were planning a trip to las vegas in sept 2010 for a 21st and the auntie of the person who is 21 was planning to join us. however due to the fact she will be 66 at the time of travel and has a pacemaker (arrythmia) we have been quoted arround £350.00 for 2 weeks travel i couldnt quite believe it when i…
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Do banks do a cheque guarantee card without it being a debit card?
Not sure if this is in the right place but my 88 year old MIL has had her bank cards used by some low life to the value of £2000 and still counting. She only ever uses them as cheque guarantee cards and even then prefers to use cash. I know the banks used to do these cards - but before I suggest she asks for one (she has…
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Quick heads up
Just posted my recent experience(s) with Smile/Saga Credit Card services on the Credit Card forum. Might be helpful/interesting to some
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Car Insurance
Can't believe the increase on OH's car insurance annual payment. We joined In Tune, a combined LV and Age Concern insurance scheme 2 years ago with a very good quote for car insurance. I expected it to be like others and increase rapidly after the first year. Well last year it rose by 5% but still cheaper than anything…
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Care-home fees for respite care, advice please?
Hello, I'm hoping for a bit of advice for my Mum (and myself I suppose). Gist of the situation is this:- Dad has alzheimers, lives at home with Mum as his carer. She gets carer's allowance at the lower rate, although has now applied for higher rate due to his deterioration, and been granted this to start from August. Mum…
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Great bumper sticker
Hello pension ............ goodbye prssure
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Financial Assessment for a Care Home
Does anyone have any experience of a Financial Assessment before going into a Care Home. My MIL and FIL need to go into a residential home. They will not qualify for financial help from the council as they have savings over the £23k threshold. Approx 15 months ago they gave us some money for some home improvements and my…
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Paying for Care
The front page of today's Observer has a report on how long term care of older people could be paid for. http://www.guardian.co.uk/society/2009/jun/14/older-people-health-inheritance-levy [threadbanner]box[/threadbanner]
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equity release Good or Bad?
Hello there, this is my first post and i would like a bit of advice for my Mum. When my dad died my mum purchased her council house with the money she received from this. any surplus money she gave to charity as she deemed it blood money. 20 years on she is time rich, but very cash poor. She is now talking of releasing…
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FUTURE PLANNING - ie FUNERALS
I've been told it might be a good idea to come and ask over here for advice about a little worry that has been/is niggling away at the back of my mind. My parents are now ill and elderly - so one of these days (not forever in the future) it will fall to me to arrange the funeral/wake for them. I doubt I will have the help…
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The process of probate
Does anyone here know about what happens when one applies for probate? I seen information somewhere to indicate that the probate people ask you to fill in a family tree - as in giving details of brothers and sisters of the deceased. Is this true? Also, has anyone heard about placing an ad in a paper so that anyone looking…
