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Life events

Family, care & life events

Births, deaths, divorce, illness, caring for a parent — the events that change your life most also change your money the most. The state offers more help than most people realise, but you have to ask for it.

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Having a baby

Statutory Maternity Pay (SMP) is paid by your employer for up to 39 weeks: 90% of your average weekly earnings for the first 6 weeks, then the lower of £187.18 (2025/26 rate) or 90% of earnings for the next 33 weeks. Self-employed or recently changed jobs? You may qualify for Maternity Allowance instead, paid by the DWP.

Statutory Paternity Pay is two weeks at the same flat rate. Shared Parental Leave lets parents split up to 50 weeks of leave (37 paid) between them, in chunks if needed.

Childcare help

UK working parents now have access to several layers of childcare support. You usually have to apply through a government portal — it isn't automatic.

  • Free childcare hours

    Working parents of children aged 9 months to school age can access up to 30 hours per week of funded childcare in term time (England). Scotland, Wales and Northern Ireland run their own schemes.

  • Tax-Free Childcare

    The government adds £2 for every £8 you pay in, up to £2,000 per child per year (£4,000 if disabled). Apply via childcarechoices.gov.uk. You can't combine it with childcare vouchers from your employer.

  • Universal Credit childcare element

    Reimburses up to 85% of childcare costs (capped monthly) for low-income working parents — but you have to pay upfront and claim back, which causes real cash-flow problems. Ask your work coach about the Flexible Support Fund advance.

Child Benefit and the HICBC

Child Benefit is £26.05/week for the first child and £17.25/week for each subsequent child (2025/26). Always claim it — even if you'll have to repay it — because it gives the non-earning parent National Insurance credits towards the State Pension.

If either parent earns over £60,000, you start repaying via the High Income Child Benefit Charge (HICBC). At £80,000 the charge equals the benefit. Above £60,000 you can either keep claiming and repay via Self Assessment, or opt out of payments and just register for the NI credits.

Wills, probate and dying without one

If you die without a will (intestate), the rules of intestacy decide who inherits — not you. For unmarried partners, this often means nothing. A basic will from a solicitor costs £150–£300; through a charity will-writing scheme (March/October each year) it can be free or by donation.

Probate is the legal process of administering an estate. Estates under £325,000 (the nil-rate band) are usually free of Inheritance Tax. The main residence nil-rate band adds up to £175,000 more when leaving a home to direct descendants.

Power of attorney

A Lasting Power of Attorney (LPA) lets someone you trust handle your affairs if you can't — for example after a stroke or dementia diagnosis. There are two types: Property & Financial Affairs, and Health & Welfare. Set them up while you have mental capacity; afterwards it's far harder and more expensive (a Deputyship through the Court of Protection).

Application costs £82 per LPA through the Office of the Public Guardian. People on certain benefits or low incomes qualify for a fee remission or exemption.

Paying for care in later life

In England, if your assets are above £23,250 you pay for your own care (the 'self-funder' threshold). Below £14,250 the local authority pays in full; between the two, you contribute on a sliding scale. Scotland, Wales and Northern Ireland use different thresholds.

NHS Continuing Healthcare is fully funded by the NHS — not means-tested — if your primary need is medical rather than social. Many families wrongly assume they don't qualify and don't even apply. Beacon CHC offers a free helpline and assessment service.

Divorce and money

On divorce, pensions are usually the largest financial asset and the most commonly overlooked. They can be split via a Pension Sharing Order, offset against other assets, or attached for future payments. Get specialist advice — splitting fairly often makes more difference than the family home.

Free mediation is available through the Family Mediation Voucher Scheme (up to £500 contribution per family) and via Citizens Advice. Court should usually be the last resort, not the first.

Child Maintenance Service

The Child Maintenance Service (CMS) calculates maintenance owed by a non-resident parent based on gross income, number of children, and overnight stays with the paying parent. Many separated parents reach a 'family-based arrangement' privately — cheaper and more flexible. CMS uses 'Direct Pay' (free) or 'Collect & Pay' (charged at 20% to the paying parent and 4% to the receiving parent).

Use the gov.uk CMS calculator to estimate liability. CMS arrears can be enforced via deductions from earnings, bank accounts or even passport revocation.

Marriage, civil partnerships and money

Marriage and civil partnership give automatic legal protections — unmarried partners get none of them. The main ones: spouse/civil partner exemption from Inheritance Tax (unlimited), no Capital Gains Tax on assets transferred between spouses, automatic inheritance under intestacy, and the right to claim Bereavement Support Payments.

Marriage Allowance lets the non-earning or basic-rate-paying spouse transfer £1,260 of personal allowance — saving up to £252/year. You can backdate the claim 4 tax years. Free to apply at gov.uk.

Bereavement support

Bereavement Support Payment provides a tax-free lump sum and monthly payments for up to 18 months if your spouse, civil partner or (since February 2023) cohabiting partner with children dies. The Tell Us Once service at gov.uk notifies most government departments about a death from a single appointment with the registrar.

Probate fees range from free (estates under £5,000) to £273 for online applications. Cruse Bereavement Care offers free emotional support; The Bereavement Advice Centre provides free practical and money guidance.

Go deeper on family, care

Common questions

I'm not married — does my partner inherit if I die?
Not automatically. Under the rules of intestacy, an unmarried partner inherits nothing, regardless of how long you've lived together — 'common-law marriage' doesn't exist in UK law. A will is the only way to protect them.
Do I have to apply for free childcare hours?
Yes — register for an eligibility code at childcarechoices.gov.uk and give it to your provider. The code must be renewed every 3 months. Miss the deadline and you'll lose the funded hours for a full term.
Can I gift money to my children to avoid Inheritance Tax?
You can gift up to £3,000 per tax year free of IHT (the annual exemption). Larger gifts are 'potentially exempt transfers' — fully exempt only if you survive seven years. Regular gifts out of surplus income are immediately exempt if they don't affect your standard of living.
How do I claim Carer's Allowance?
If you spend at least 35 hours a week caring for someone who gets certain disability benefits, and you earn under £196/week after deductions, you can claim £83.30/week (2025/26). Be aware: it can reduce the benefits of the person you care for, so check both sides before claiming.
Is a will written at home legally valid?
Yes, in England & Wales a will is valid if it's in writing, signed by you in front of two adult independent witnesses (not beneficiaries or their spouses), who then both sign. But homemade wills are the single most common source of probate disputes — ambiguous wording, missed assets, witnesses who are beneficiaries. A solicitor-drafted will costs £150–£300; charity will-writing schemes can do it free.
What's the difference between LPA Property & Financial Affairs and Health & Welfare?
Property & Financial Affairs LPA lets the attorney pay bills, manage bank accounts, sell property and handle investments — it can be used as soon as it's registered, with your permission. Health & Welfare LPA covers medical and care decisions and can only be used after you've lost mental capacity. Most people set up both. Each costs £82 to register (or free for those on certain benefits).
Can the council take our home to pay for care?
Only if it's not occupied by certain protected people: your spouse or partner, a relative over 60, a relative under 16 who you support, or a relative with a disability. Otherwise, in England, the home counts as a capital asset once you're permanently in residential care. The 12-week disregard gives breathing space, and a Deferred Payment Agreement lets the council fund care now and recover the money from the eventual sale.
What is a discretionary trust and when do people use them?
A trust where trustees decide how and when to distribute assets to a class of beneficiaries (e.g. 'my children and grandchildren'). Often used in wills to protect a vulnerable beneficiary, ring-fence assets from a beneficiary's divorce or bankruptcy, or manage Inheritance Tax over time. Trusts have their own tax rules (entry, periodic 10-year and exit charges) and need professional setup — but for many families they're worth the complexity.

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