Long Term Care
You could be looking at the option of going into or you may already be in a registered care home of your choice. You will be concerned about the costs and you might want to protect your wealth for future generations. We can advise on how you can best fund the care home costs in a tax efficient manner.
We often find these decisions about the finances are being taken by the Power(s) of Attorney who are often the children of the care home resident. The decision maker could also be a solicitor appointed by the Court of Protection.
We recommend our clients set up Lasting Powers of Attorney to avoid the protracted and expensive process of applying to the Court of Protection. We can recommend local solicitors who have expertise to help you set these up.
The benefit to you of working with us; is that you will know the options open to you and the costs involved to protect your future.