Those people who have had the good foresight to make a Will to ensure their affairs are dealt with on their death often fail to ensure their affairs are dealt with in all eventualities during their lifetime. The population is living longer and more people than ever are suffering from mental illness such as dementia. It is important to prepare a Lasting Power of Attorney while you are mentally fit and healthy to cover the possibility of losing your mental capacity in the future. Those who neglect to do this often leave their family unable to deal with their finances and welfare. This invariably results in a great deal of stress and expense in dealing with the Court of Protection to resolve the issue. To avoid this, discuss Lasting Powers of Attorney with one of our private client team.
An elderly population has also resulted in a larger proportion of people living in residential homes. The costs of living in residential care can be extortionate. In certain circumstances there are simple ways to protect capital from potential nursing home fees. We can advise you on this.
We appreciate it can be difficult to visit the office from time to time and we can arrange a home visit at no extra cost. Our team have a wealth of experience in dealing with a variety of elderly client issues including:
- Applying for a Grant of Representation e.g. Probate
- Estate Administration
- Lifetime Inheritance Tax planning
- Protecting Capital from Nursing Home Fees
- Lasting Powers of Attorney
- Court of Protection