Planning for the future
Not everybody needs residential care, in fact only around 6% of those aged between 75 and 85 need residential care.
When someone you care about loses the ability to look after their affairs, we are able to offer you the support both you and they require.
A declaration of trust is a document which records how a property is to be owned by joint owners.
Equity release plans – also called lifetime mortgages, home reversion or home income plans – are a way of releasing cash.
Giving away your property may be a very efficient tax saving tool, it may also relieve some of the worry and burden that property ownership can bring.
Every adult with mental capacity has the right to agree to or refuse medical treatment. To make your advance wishes clear you can use a living will.
It is never too early to make a Will and to ensure that your assets and estate go to the people you wish them to. If you don’t, that may not happen.
A Power of Attorney is an extremely important document. They allow you to appoint a representative to look after your affairs at a time when you are unable to.
Forward planning to consider what might happen if a relationship breaks down may not seem very romantic but protecting your pre-existing assets from a later spouse’s claims should be considered.
Expert advice and careful planning will reduce the amount of tax you and your family pay.