Going into Care
While we all want to maintain as much of our independence as possible, the future can be difficult to predict. Rising life expectancy means that the likelihood that we will one day have to rely on nursing and residential care in the future is also increasing. State funding for this type of care is becoming increasingly limited, and many people may be worried about how their care will be paid for if there comes a time when they need it. Depending on your circumstances, all your income such as your pension, any interest accrued on savings and dividends can be used to cover care costs. You may also be concerned about what type of care you will receive and who will handle your financial matters if you are no longer able to. Our lawyers can help with residential care planning by advising on what steps you can take right now to protect your position in the future, as well as that of your loved ones.
We can advise on matters such as:
- Writing and updating a will
- Granting powers of attorney
- Preparing a living will
- Transferring ownership of property
- Inheritance tax planning
- Creating trusts
- Applications for NHS care funding and disputes
