Later Life

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Powers of Attorney

A power of attorney is a legal document that allows someone to make decisions for you, or act on your behalf, if you're no longer able to or if you no longer want to make your own decisions.

There are a number of reasons why you might need someone to make decisions for you or act on your behalf:

  • This could just be a temporary situation: for example, if you're in hospital and need help with everyday tasks such as paying bills.

  • You may need to make longer-term plans if, for example, you have been diagnosed with dementia and you may lose the mental capacity to make your own decisions in the future.

We can arrange this for you, or guide you through the process, 

so call us now on: 

          01562 888440

Or for more information, visit:

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Care Costs

One of the most important aspects of Later Life Planning for many people revolves around ensuring that care provision is catered for. 

 

Working with other industry experts, we can offer help in provide guidance on topics such as accessing NHS Continuing Healthcare funding, benefits, care options and costs, whether and how much they should be paying towards their care, and the ways to pay for care.

We can then help to put in place appropriate legal arrangements (e.g. powers of attorney), and signpost them to relevant services. We also highlight the critical role of qualified financial advice if they need to pay some or all of their own care fees.

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State Benefits

There are currently around 60 State benefits in the UK. Your entitlement to benefits will, with just a very few exceptions, be means tested. 

We can supply you with a basic statement of those benefits to which you may be entitled, so why not call us.

 

In addition, we think you may find the following sites helpful: 

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Wills

Your will tells everyone what should happen to your money, possessions and property after you die (all these things together are called your ‘estate’). If you don’t leave a will, the law decides how your estate is passed on – and this might not be in line with your wishes.

  1. A will makes it much easier for your family or friends to sort everything out when you die – without a will the process can be more time consuming and stressful.

  2. If you don’t write a will, everything you own will be shared out in a standard way defined by the law – which isn’t always the way you might want.

  3. A will can help reduce the amount of Inheritance Tax that might be payable on the value of the property and money you leave behind.

  4. Writing a will is especially important if you have children or other family who depend on you financially, or if you want to leave something to people outside your immediate family.

For help in this important area of later life planning, we can help, so call us now on 01562 888440

For more information, visit: