Death with a Will: Guidance to help those who administer the estate

Death with a Will: Guidance to help those who administer the estate

Firstly, if you are reading this the chances are that you have recently lost a loved one. Lakes Legal Limited would like to offer their sincere condolences for your loss. This guide is designed to help you through this difficult time. If you would prefer to speak to a Lakes Legal consultant direct please telephone Lakes Legal Limited on 01229 47 18 71. This guidance applies to the situation where someone has died leaving a Will. If your loved...

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Death without a Will: Guidance to assist those who administer the estate

Death without a Will: Guidance to assist those who administer the estate

Firstly, if you are reading this the chances are that you have recently lost a loved one. Lakes Legal Limited would like to offer their sincere condolences for your loss. This guide is designed to help you through this difficult time. If you would prefer to speak to a Lakes Legal consultant direct please telephone Lakes Legal Limited on 01229 47 18 71. This guidance applies to the situation where someone has died without making a Will. If your...

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Facebook Competition

Facebook Competition

For a chance to win three fabulous bottles of wine we are asking our followers and their friends to Like our Facebook page and share this post…Simples! Our Facebook can be accessed using the following link: Lakes Legal Limited do Facebook! The competition will be drawn on Thursday 31st May 2012. No purchase necessary. Must be over 18 to win the wine, an alternative prize will be offered to anyone who enters that is under the age of...

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Should I transfer my house to my kids?

Should I transfer my house to my kids?

To answer this question you need to first answer the question: Why you want to transfer your property to your children? Care Home Fees Commonly people want to transfer their property to their children to escape their potential liability to meet care home fees. Unfortunately, I am sorry to say, there is nothing you can do to protect your assets from care home fees. The care home fee rules are regulated under a document called the Charging for...

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Care Home Fees: Disregarded Property

Care Home Fees: Disregarded Property

So what items will the Local Authority disregard when assessing my liability to meet the cost of my care? 1. Property in specified circumstances 2. The surrender value of any:                           life insurance policy; and/or                           annuity 3. Payments of training bonus up to £200 4. Payments in kind from a charity 5. Any personal possession such as paintings or antiques...

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