Making a Will

Do you still need a Trust Will with Johnson’s Social Care changes?

Grandparents rights

Today Boris Johnson announced that from October 2023, no-one will have to pay more than £86,000 for care over their lifetime as part of the government’s social care plan. Under the plan, anyone who has assets of less than £20,000 will have their care costs fully covered by the state. Those with assets between £20,000 and £100,000 will receive some means-tested state support. To fund the plans, National Insurance contributions will rise by 1.25% and tax on share dividends will …

Read MoreDo you still need a Trust Will with Johnson’s Social Care changes?

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