- Intermediate *5 hours CPD
Increasing numbers of people are retiring with significant assets. Pressure to gift money or property to relatives or carers - when does it amount to undue influence? An increasing number of estates are subject to IHT - tax planning for the elderly client what is appropriate - and where do equity release schemes fit in? Long term nursing care is expensive - NHS funded nursing care is based on the client’s nursing needs - identifying and challenging inappropriate decisions is essential.
Topics covered will include:
- Undue Influence - Gifts to relatives or carers during lifetime or on death
- The “Etridge test” how to avoid it and what is required to establish it
- Recent case law including “right to buy “ and post death claims
- Financial abuse by family/third parties - what action should you take?
- Tax planning advice – options for the family home
- Enduring Powers of Attorney - what happens to EPAs when the MCA 2005 is implemented?
- NHS Funded Care - Grogan v Bexley NHS Trust 2006 – what advice should you give about challenging a refusal to fund care home fees?
- Local Authority valuations - jointly held assets - an increasing battlefield – the Lincolnshire decision
- Wills excluding adult children - the risk of a 1975 claim
The detailed course notes will include practical examples and action lists as well as guidance on how to minimise the risks for both practitioners and the clients.