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Jo C.
Jo C., Barrister
Category: Law
Satisfied Customers: 70530
Experience:  Over 5 years in practice
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If you have cancer is it ok to change your will to dispose

Resolved Question:

If you have cancer is it ok to change your will to dispose of assets before you die so your spouse does not inherit over the limit at which they have to pay for care?
Submitted: 3 years ago.
Category: Law
Expert:  Jo C. replied 3 years ago.
Hi.

Thank you for your question. My name is XXXXX XXXXX I will try to help with this.

What are these assets please?
Customer: replied 3 years ago.

The assets total £23,700.

Expert:  Jo C. replied 3 years ago.
Thanks.

£23,500 is exempt from any claim to pay for care fees.

Your will only deals with the distribution of assets after you die.

You are entitled to give away what you like during your lifetime and provided you survive for seven years, it is free from all liability for inheritance tax if inheritance tax would be payable on the estate.

Can I answer any specific questions for you?

Jo
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