Tag Archives: inheritance

Wills to Avoid Care Home Fees

One of the several beauties of the internet is its use as an invaluable source of information, its inherent speed means there is almost a real time dialouge between estate planning service providers and their masters their customers and potential customers.

The information provided by search queries provides

Wills & The Home Protection Plan keep your assets in the family for generations.

a nimbleness to those entities that are fortunate to possess it to react to their customers sentiments and fashion their offerings accordingly afterall the customer is boss.

A qualitative interogation of enquiries reavels the there are many folk who are interested in  wills to avoid care home fees.  Indeed, Alice our office manager recalls speaking to a couple of people seeking to avoid wasting their familys inheritance by paying care home fees.

While the concept of making a will is closley related to that of preventing hangers on such as the local council in league with the state from stealing our familys inheritance, by undertaking care home fees planning, the 2 are distinct phases of the estate planning process.

We, like our clients who are always right, believe the current care home fees regime is at best unfair, and in fact was the work of the devil as it penalises hard work and thrift.  Home owners say, with every justification, there is no incentive for anyone to not to be a spend thrift, afterall, the fruit of one blood; toil; sweat and tears would only be stolen  in the autumn ones life.  One a more topical point, Ive just spoken this morning to a lady who is particularly vexed that her teenage grandchildren of whom there are four are expected to start their working lives with debts of about £50,000 by paying the full value of their tuition fees.

In brief, care home fees planning ensures there are assets to be distributed by a will, both 2 of the pillars of the estate planning process designed to keep wealth in your family for generations.

Last Will and Testament Contests

My dad wrote a last will and testament ages

The Testator Must Be of Sound Mind

ago, he has cancer he is in stage 4 with prostate cancer. Originally his home was to be left to all 4 of his kids. That is what is in his last will and testament. He wants to now leave his home to me and my sister. And a piece of land across town to my 2 brothers. What needs to be done? We live in wv but hoping for some general advice. Does his lawyer just add this or is the will redone? Also, since he is older (87) and with cancer, can my brothers try to contest the will? Like saying he is old or not in his right mind (which he is). Thank you!

Answer: I am sorry to hear of your fathers illness.

You have identified several points a change in your fathers testamentary intentions, and a potential challenge from your brothers. As a matter of course, my advice would be to write a new will.

The potential seriousness of the case means the only sound advice would be for you to see a local lawyer who would be able to determine that your father is of sound mind. Most important of all is that you feel your brothers might contest the last will and testamentthat you speak to the lawyer about this it is better, if possible to resolve this matter during your fathers life in my experience these things are always much more messy and nasty after the death.

Part of the lawyers job is to ensure that there is no doubt about the testator being of sound mind.  I, as a matter of course include notes and commentaries with each will- these would document absolutely everything pertinent to the will in this would include reasons for changing the will.

It is a pity I am unable to offer further assistance.