Author Archives: Nicola Sunderland

A Lasting Power of Attorney could save your pension income

In April 2015 the tax rules were changed to give people greater access to their pensions.  As a result, more people can now benefit from income drawdown schemes that historically have been limited to the wealthy.  Many people are choosing income drawdown due to the flexibility and tax advantages it offers.  However, unlike an annuity, income drawdown requires you to be able to manage your financial affairs throughout your retirement.  … Continue Reading

This one mistake could cost your family a fortune

Recently published figures show a rise in the number of families who are left having to deal with the consequences a family member dying without a Will in place (known as ‘intestacy’). Indeed, a poll conducted last year by YouGov found that nearly two thirds of UK adults have not written a Will. What’s surprising about this is that the rewards from preparing a will are many, and tremendously valuable. … Continue Reading

So What’s New? A Summary of the Care Act 2014

The Care Act 2014 came into force from April 2015 and builds on recent reviews and reforms to replace and update the existing law. Its aim is to provide a consistent approach to adult social care in England. The Cap on Care Costs Current rules state that if a person has assets less than £14,250, the local authority will pay for care without a contribution from the individual, other than … Continue Reading

Are You Making These Three Mistakes In Your Will?

One of the best things about making a Will is the relief that comes from knowing it is done.  Having taken the time to contemplate death, and to document what we want to happen if we die, we move quickly on with our lives safe in the knowledge that an important ‘to-do’ is ticked off our list. The thought of revisiting our Will to check it still meets our needs … Continue Reading

Top 2 Things To Do Before You Die

So little time, so much to do!  Whether it’s to swim with dolphins, see the Northern Lights, or write a book, most people have a list of things they want to do, or places they want to see, before they die – or become too old to enjoy them. Yet preceding anything on that list are the 2 most important things to do before you die or your health declines; … Continue Reading

6 steps to a stress-free Will

1. Make time You need a Will if you own assets and want to have a say in what happens to them when you die. It is arguably one of the most important documents you will ever sign. It is worth taking the time to put one in place – especially if you have family that you care about. It will be important to them that your wishes are followed after your … Continue Reading