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Mrs and I are just redoing our wills. Our solicitor has also suggested one of the ‘lifetime interest trusts’ that as you say once the first of us turns up our toes their share of the house goes into trust for the kids and is supposedly untouchable for care home fees etc that may one day be...

Hargreaves’s as in commercial property ? When was that liquidated?

the only thing I’d wonder is the tax implications should you die before age 75. My understanding is that should that happen if your pension pot is untouched then it can transfer to your family completely free of tax, whereas your ISA would be subject to IHT, depending on value of your estate.

yes i believe you can

chatting with my advisor a few weeks back he said there had been a bit of an uprise in people taking annuities again. He estimated them providing the 25% tax free then an annual return circa 4 to 4.5k per 100k pot per year. That would be offering an annual increase of 3% per year and on a joint...

Duplicate sorry

so that would be another 24k on top of the salaries of the teachers …… mmmm

i wonder what that would cost someone each year to build a 1.5m pot

i thought they were only outside estates until such time as they were touched, or, the owner reaches 75 so it’s going to be taxed at some point

but don’t forget as they draw it they will be paying tax on it then ….

isn’t that the truth.

not sure, but isn’t their tax about 50%? you can afford much more if tax is much more

ah, she’s all good 😊

Mine requested bear steak, actually quite liked it 😂

Been there 3 times for ‘workish’ trips. Thought it a great place to visit for a few days.

Mrs Amex and I both retired early last year, both early, we were lucky to have a few quid in the bank to tide us, hopefully, through until we can get our pensions. Neither of us have hobbies, but have still kept occupied virtually every day. Much of it nice stuff, but also spending an awful lot...

so would you consider keeping or getting rid of the butler?;)

oh well, I’m just about wrong on everything in my post :ROFLMAO::ROFLMAO:

if you were born in 61 you’re lucky and must have been pre April birth I assume in order to get it at 66. Mrs Amex born Aug 61 doesn’t get hers until 67. I think if my memory is right it was 5 years but i’m probably wrong. Id have thought it would effect those mid 50’s.

If your boss sells the company you have to be taken on by new owners, your contract and terms must remain at least as good as they are now. Otherwise if the new owners do not want to keep staff then have to make redundancies but based on your start date with the old owners and not when the new...