The thresholds used for assessing an individuals ability to fund Long Term Care for the year 2008-2009 are:

If you have total assets over £22,250 you will be required to fund your own care, possibly through the sale of your home.

If you have total assets below £13,500 your care will be funded by your Local Authority.

Between the two thresholds you would receive some state help.

The Inheritance Tax thresholds for the year April 2008-2009 is £312,000. This is referred to as the Nil Rate Band allowance.

Each individual has the right to leave the first £312,000 tax free, with any assets over this amount taxable at 40% (with the exception of gifts to spouse/Civil Partner).

For further information email info@dovedon.co.uk

The Governments Pre Budget Report announced some important changes to Inheritance Tax (IHT). Married couples and Civil Partners can now transfer their 1st death Nil Rate Band (NRB) allowance to the survivor negating the need for NRB Discretionary Trust Wills.

However, protecting assets from issues such as long term care fees and re-marriages, as well as ensuring your assets are inherited by your chosen beneficiaries, are as prominent as ever. The change to the IHT rules has allowed Dovedon to create a new trust, the Asset Protection Trust.

This new product allows clients to protect their assets for their loved ones whilst still benefiting from the tax efficiency created under the new IHT rules.

All Dovedon Associates are provided with full training on the above.

This week Dovedon welcomes a new product to its portfolio - the Lasting Power of Attorney.

This document replaces the Enduring Power of Attorney. It is more complicated and costly to establish but brings many benefits and additional control for the individual creating the document.

Our Associates have access to a comprehensive training course, factsheets and our legal team to allow them to familiarise themselves with this change to the Law.

As part of our continuing investment in our business we are pleased to launch our new Text Messaging Service.

This facility provides another avenue for us to communicate important information to our Associates.

Our continued investment in technology allows us to keep our Associates ahead of the competition.

Dovedon Limited are pleased to announce their membership of The Society of Will Writers and Estate Practicioners.

We are sure that this relationship will bring many benefits to our Associates and their clients.

Dovedon are pleased to launch their new web site.

Please use the navigation bar along the top of the screen to find your way around our web site.

You can discover a bit about Dovedon, the Directors and staff, what we offer and how we offer it. You can also view our testimonials to find out what our existing clients think of our service.