Catchpole Law on law

How to receive tax efficient rental income from property held jointly by spouses/civil partners

How to receive tax efficient rental income from property held jointly by spouses/civil partners Rental income received from property held jointly by couples, by which we mean spouses and civil partners, is treated for tax purposes as if it is received in equal shares (i.e. 50:50).  If couples wish to agree a different division of […]

What happens if I do not have LPAs in place?

What happens if I do not have Lasting Powers of Attorney in place? First, what are Lasting Powers of Attorney? Lasting Powers of Attorney appoint someone (often a relative or close friend) to act on your behalf in the situation where you are unable to do so for yourself owing to either physical or mental […]

The Care Act 2014: funding and payment of services and fees

The Care Act 2014:  funding and payment of services and fees We have an ageing population and it is likely that most of us will need help as we get older and live longer.  Who will pay for this help? The Care Act 2014 The Care Act 2014 came into force on 1st October 2014 […]

An LPA is not just for the elderly

A Lasting Power of Attorney (LPA) is not just for the elderly People presume that they may need to make an LPA only if they are getting old and are worried about dementia but LPAs are not just for the elderly.  Sadly, mental and physical incapacity can be suffered at any stage in life through […]

Digital assets and estate administration

Digital Assets – Estate Administration With the rise of the internet, most people now have digital assets which form part of their estates. Like other assets, digital assets can be passed on to family members or friends on death and have to be dealt with in the administration of an estate. What are digital assets? […]