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Protecting your business if you lose mental capacity

Protecting your business if you lose mental capacity

With people seeking greater flexibility and a better work-life balance, small and medium-sized businesses (SMEs) now account for 99 per cent of all private businesses in the UK. ‘Launching and building your new startup is an exciting time and contingency planning is...
The cap on care costs

The cap on care costs

In September 2021, the government finally confirmed that the long-awaited cap on care costs, which was provided for in the Care Act 2014, was finally going to be introduced.  Further details have just been released and a brief analysis of how this will work is set out...
Vulnerable face timebomb by not appointing others to act

Vulnerable face timebomb by not appointing others to act

Professionals working with the elderly and vulnerable are raising concerns over future safeguarding following a dramatic fall in the number of lasting powers of attorneys registered during the coronavirus pandemic. Figures from the Office of the Public Guardian, the...
Charlotte McGregor joins Exeter Chamber Board

Charlotte McGregor joins Exeter Chamber Board

Exeter Chamber held their annual general meeting at Exeter College on Monday 8th November, where two new board directors were officially appointed. Patrick Tigwell of Thomas Westcott Chartered Accountants replaces Laura Seaward as Treasurer and Wollens partner,...
Shining a light on secret and half secret trusts

Shining a light on secret and half secret trusts

A secret trust can be a useful way of leaving a gift in your will if you do not wish the details of that gift to become public knowledge.  Historically, secret trusts were used by those wishing to pass assets to extra-marital partners or illegitimate children without...
Vulnerable face timebomb by not appointing others to act

Managing financial affairs under a lasting power of attorney

Making a lasting power of attorney for your finances is an important part of lifetime legal planning, especially if you have built up a portfolio of assets and investments which require regular management. While this legal authority needs to be set up well in advance...