Planning for later in life is something few of us want to think about. By making plans before they are needed you can be assured that your voice will be heard when it otherwise might not be. We can also help in planning for care fees, structuring your estate efficiently and to maximum effect.
Lasting Powers of Attorney
We recommend that everyone create a Lasting Power of Attorney (LPA). It gives the person(s) acting as your attorney the legal authority to make decisions about your personal welfare, property and finances if you’re unable to.
Planning for the future not only presents you with peace of mind, it helps to make clear decisions about the choices that effect you and those closest to you.
We have specialist lawyers in the team who are qualified to work with the elderly and work closely with agencies dealing with dementia. This means we always work in a way that is sensitive and respectful to the nature of this kind of planning.
Who can receive Lasting Powers of Attorney?
You can choose whoever you think would be best to act on your behalf; in either a Personal Welfare LPA or a Property and Financial Affairs LPA.
This could be a spouse, trusted business partner, friend. Or, if you would be more comfortable giving this authority to someone removed from the situation, we’re happy to act for you.
For more information, read our Guide to LPAs or speak to a member of our team.
Care fees planning
There is also the practical prospect of facing long-term care, which is worrying for many people and their families.
We can offer experienced legal advice to ensure you receive the care you need, whilst preserving an estate for inheritance.
We take a long-term, jargon-free approach to estate planning and care fees funding. We’ll clearly explain the financial and legal possibilities for your unique situation and help you structure your estate for the future, including:
- Estate planning and structuring
- Care fees funding options
- Lifetime mortgages and equity release
- Pension and investment alternatives