When it comes to funding long-term care, Deferred Payment Agreements (DPAs) can be a practical solution for many families. These agreements, available through local authorities, allow individuals to defer their care home fees by securing them against their property, usually the family home. While DPAs can be helpful, they come with complexities that families need to understand before making a commitment. Here, Hilary Cragg, Solicitor and Partner at Nash & Co Solicitors, shares expert advice on avoiding common pitfalls with DPAs and provides guidance to help families make informed decisions.

When planning for long-term care, many families face difficult financial decisions. Two of the most common options are Deferred Payment Agreements (DPAs) and private funding, each offering distinct benefits and challenges. Choosing the right approach depends on your family’s financial situation, long-term goals, and comfort with the risks involved.

Although there have been whispers of changes to inheritance tax for quite some time in today’s budget these whispers became a reality as Chancellor Rachel Reeves has now outlined several changes to inheritance tax as part of a wider push to raise revenue.

Inheritance Tax (IHT) can have a significant impact on the amount that your beneficiaries receive from your estate. Understanding how it works and implementing strategies to minimise its impact can help ensure that your loved ones benefit as much as possible from your estate.

Asset Protection Trusts (APTs) are often used to manage and safeguard your assets, but it’s important to understand that they come with various tax implications that need careful consideration. Understanding these tax implications ensures that your trust has been set up correctly and operates in compliance with the law.

Asset Protection Trusts (APTs) are used for managing and protecting assets, which means it’s critical that it has been properly registered. Many APTs are legally required to register with HMRC both for reporting for tax purposes, and being entered on HMRC’s trust registration service (‘TRS’). This is essential to avoiding both legal and financial complications.

You may have heard of Asset Protection Trusts (APTs), sometimes known as Family Protection Trusts, in the news, or perhaps you or a loved one has a trust in place you started some years ago.

The closure of McClure Solicitors has left many former clients facing uncertainty and concern regarding their legal and financial arrangements. If you are a previous client of McClure Solicitors, it is crucial to take proactive steps to address any issues and secure your interests.

The collapse of McClure Solicitors has left many clients in a state of uncertainty and concern, particularly for those who had set up Family Protection Trusts. Former clients have found themselves left in the dark regarding their trusts and are now seeking advice about the best options available to them.

While Michael Jackson’s musical contributions continue to be celebrated, the management of his estate has been the subject of legal battles and family disputes. Recently, a new feud has unfolded, centring on Bigi Jackson, Michael's youngest son, and his claim against his grandmother, Katherine Jackson.

This International Women's Day, we're highlighting the journeys, challenges, and experiences of our female lawyers. Their stories show the importance of diversity, resilience, and empowerment in shaping an inclusive legal community. Claire Thompson, Solicitor in our Wills, Trusts,sTax and Probate team, shares her thoughts below.

The passing of a cultural icon such as Prince leaves the world wondering about his legacy. Many expected that Prince would be remembered for his songwriting and unique style. Few would have guessed that Prince’s legacy would be caught up in a protracted legal battle over his estate which, nearly eight years after he passed away, is still making headlines.

For unmarried or remarried couples in the United Kingdom, the significance of drafting a will cannot be overstated. While marriage is commonly associated with the creation of wills, unmarried and remarried couples must recognise the importance of this legal document in securing their assets, ensuring their wishes are met, and providing for their loved ones in the event of their passing.

After securing their dream home and setting up a cohabitation agreement, Buddy and Holly, the ever-forward-thinking elves, turned their attention to the future. They wanted to ensure that their hard-earned assets, now including their cherished home, were passed down efficiently when the time came.

It was extremely sad to hear that iconic music legend Shane MacGowan passed away recently. What possibly made it worse was that he died during the run up to Christmas, when Fairytale of New York gets its annual airing on radio stations and Christmas music selections. This brings into focus the intricacies of estate planning, especially in understanding how royalties pass under a Will.

With marriage rates dropping to the lowest levels on record, society is seeing more couples than ever residing together, sharing assets, building a life together, but not taking the traditional step of marrying or entering a civil partnership.

Writing a Will or Power of Attorney can sometimes be a daunting time and many families come along to an appointment to support a loved one, only to find themselves being left in a waiting room. There are lots of reasons why you might be asked to leave a meeting or stay in a waiting room whilst a relative is seen alone by their lawyer. Here are some of the common reasons your relative might need to be seen alone.

The ongoing saga of Aretha Franklin’s estate raises two keys points that any person who is creating a Will should keep in the forefront of their mind; How do I make sure my Will is valid? and How do I make sure my Will is found?

It is common for a Will to state that all or part of estate is left to ‘my children’ or ‘such of my children who survive me’ but has this phrasing become old-fashioned? Does ‘my children’ accurately reflect the individuals that you wish to inherit from your estate or is this an example of the law failing to appreciate the modern family?

The main purpose of a Will is so you can choose who should inherit from your estate. Dealing with the affairs of a loved one who has died can be an incredibly difficult time and therefore to make this job as easy and as stress free as possible for those left behind, the best thing you can do is to ensure you have a Will in place.