CROSSWORD

Across

7. Assuage, soothe (6)

8. Insurgent, mutineer (6)

9. Inscribe (4)

10. Disturbances, upsets (5-3)

11. Sterile (7)

13. Food staple (5)

15. Chat, utter (5)

17. High sea wave (7)

20. Traditional, devout (8)

14. Never attracted to anyone (7)

16. Comply, heed (6)

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19. Turn of phrase (5)

22. Repetition (4)

21. Lively dance (4)

23. Sound system (6)

24. Indifference (6)

Helen Gagan Solicitor Asset Protection Trusts

“We’ve worked hard and saved all our lives, why should the Local Authority have access to everything if one of us needs to go into a care home?”

Mirror Wills leaving everything to the surviving spouse on your death for most families is the natural assumption of the right thing to do. HOWEVER, this means there is no asset protection in having this arrangement and all the matrimonial assets are exposed to being taken in care fees if sadly your health deteriorates and you end up needing full time care.

For a variety of reasons I DO NOT recommend giving your house to your children or putting it into Trust in your lifetime. Therefore, you will need to ask yourself, is it a good idea to leave your half share of your home to your surviving spouse/partner on death? Why not leave your half share for their USE but not actually give it to them?

Helen Gagan Solicitor Property Trust Wills can be drafted to be as flexible as you wish but the most straight forward arrangement is that on your death, if you die first, you leave your half share of your home in a family Trust arrangement for the benefit of by way of example your children, but state they are not to receive it during the lifetime of your surviving spouse.

Your half share of the property would then NOT be included in any future means test calculation for care fees.

Free initial consultations are available. If you have a Will already in place that you would like reviewed in line with your present situation or simply wish to obtain some more detailed information on Asset Protection Trusts, please feel free to email or call the office for an appointment.

Helen is a full member of the Society of Trust and Estate Practitioners (STEP) the leading worldwide professional body for practitioners in the field of Wills, Estate Planning, Trusts and related issues. Helen will be delighted to help and advise the local community in relation to:

• Wills and Trusts

• Inheritance Tax

• Care Fees Planning

• General & Lasting Powers of Attorney

• Probate

• Administration of Estates

Helen Gagan Solicitor … listening to her clients

Felpham Chambers, 60 Felpham Road, Felpham, Bognor Regis, West Sussex, PO22 7NZ

Office telephone number: 01243 867330 Mobile: 07584 991081

Email: helen@helengagansolicitor.co.uk www.helengagansolicitor.co.uk