Now, however, the Bank of Mum and Dad looks set to stay open indefinitely. Parents are staying close to their children into adulthood, says Claire Johnson, a lawyer specializing in trusts, tax and estate planning for Clarke Willmott; adult children are living at home longer and remaining financially dependent into their 20s amid rising living … Read more
Interestingly enough, there are also locations where it is more difficult to book on weekdays. “The older private members clubs in London don’t like to book a wedding on a weekday, they prefer a weekend, and the big hotels run conferences during the week, which allows them to make more money.” Niemierko says that while … Read more
“These integrated retirement communities [IRCs] fill the gap between the family home and the nursing home,” says Tom Scaife, head of seniors housing at Knight Frank. “I visit so many 80-year-olds who live in one room of their London townhouse because they can’t walk up the stairs. We are failing a generation if we do … Read more