Posts tagged “Estate Planning”

More people are leaving donations to charities in their Wills
Donations to charity have increased by over 40% in the last decade according to recent figures from Remember A Charity
 
Even with cost of living increases, eight out of 10 said they were likely to leave a charitable legacy. Twice as many people said they were more likely to give than last year. Almost a third of UK donors aged over 40 say they have or intend to include a gift to charity in their Will. 
We’re all learning to use technology in our daily lives, from banking, reading the news or looking for a dinner recipe. Should we make our Wills online too? 
 
Here are some things you should know. 
Laptop with government website Wills page
Did you know that your local council can claw back money it provides for your care fees? 
 
It can do this if it believes you gave away assets to avoid paying the full cost of your care. 
If you need residential care your council could claw back the cost - older couple looking out of a windows
If you make a gift to a young person in your Will which they receive when they reach a certain age you will create either a bereaved minor’s trust or a bereaved young person’s trust, depending on their age. 
 
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