How can I avoid my home having to be sold to pay care fees? Will my children have to pay Inheritance Tax on my estate? Who will look after my affairs if I lose mental capacity? Can I protect my assets from the consequences of divorce?
These are the sorts of questions that clients frequently ask, reflecting widespread concern amongst those wishing to safeguard their personal and family wealth and make proper provision for their future welfare.
Recent months have seen numerous changes in the law affecting Wills, Powers of Attorney, Inheritance Tax, long term care and other matters of crucial importance to individuals of all ages and their families. Extensive media coverage, coupled with a measure of misinformation from certain quarters, has left many people confused as to how they stand and what steps they ought to take in relation to these matters.
In response, Gotelee team of Private Client lawyers recently held a Briefing Seminar which gave an authoritative update on these issues, providing clients and their guests with a wealth of useful information and practical advice. Topics covered included:
- The Family Home – protection from care fees and other threats
- Will Trusts – Inheritance Tax avoidance and other uses
- Living Wills and Advance Decisions – making your own choices about medical treatment
- Care Fees – how to cope with the cost of going into a care home
- Lasting Powers of Attorney – avoiding the costs and complication of the Court of Protection
- Role of Executors – essential things that you need to know
- Pre-nuptial and Co-habitation Agreements – safeguarding against the consequences of divorce or relationship breakdown
If you are interested in attending a similar seminar in the future, please email Dawn Robb or call on 01473 298151.