Lasting Power of Attorney
Photographs by Martin Neeves Photographywww.martinneeves.com
There are two types, one relates to ‘property and financial affairs’ (the handling of money and property) and the other deals with an individual’s ‘personal welfare’ issues (where you live, how you dress and so on). Imagine not being able to manage your finances whether through mental or physical incapacity? Life for those around you will suddenly be doubly difficult to help you, so why not make it easy for them (if it happens) and appoint people now that you trust to act for you should this situation arise. Without these in place, friends and family will have no choice but to apply to the Court of Protection which can be a long drawn out affair, and is a far more expensive process to follow.
Care Home Fees
What can you do about it?
Transferring your house and savings into a Family Protection Trust can protect them from this happening but we will need to assess your personal situation very carefully to make sure this is suitable. Contact us now to arrange an initial discuss.