Category Archives: Blog Post

I know I keep saying this too often that as you age, you should consider taking out an Enduring Power of Attorney. This is vital for you as your nominated Attorneys will be able to make financial decisions on your behalf and access your funds and assets if you are ever in a situation wherein you are physically or mentally incapable of doing it on your own. One such decision and benefit of an EPA […]

Good news for Farmers and Business Owners. The legislation introducing the exemption of Farmland and Businesses after 3 years from the Fair Deal  asset assessment is due back in the Dail in the next two weeks after considerable delays due to Brexit change in Government and Covid 19. Hopefully not long after that it will come into force and Farming and Business Families will at last be able to access affordable long-term care under the […]

Great to be asked to be part of the Joe Duffy show today contributing on the subject of Life Loan. It is very distressing seen how these impact older people their fair deal applications and ultimately their estates which are typically decimated by the life loans and the compound interest they charge. Please avoid these financial products at all costs. Unfortunately they are being sold again.

I decided to write this article as in recent times I have seen an increase in advertising of Life loans which are loans provided typically to persons over 62 against the value of their homes to help fund retirement or to buy items that funds are not available for. The loans are usually repayable at death and in the meantime, interest is charged at quite high rates and accumulates using compound interest. For many by […]