With more and more of us living long and healthy lives past the age of retirement, planning for later life has never been more important. Making sure that all of your affairs are in order whilst you are still able to do so gives you unrivalled peace of mind, allowing you to live your life the way you wish.
Putting plans in place for your wealth and asset allocation, appointing responsible individuals you trust with decision making on your behalf both for personal and business affairs, and managing any possible tax implications of inheritance are all areas that you may wish to consider getting organised sooner rather than later whilst you have time.
As part of our team within Stephens & Son, our private client lawyers are on hand to help you plan for later life. They offer a range of elderly client services, including:
- the creation of a power of attorney appointing someone you know and trust to manage your personal affairs if you lose the ability to manage them yourself;
- the creation of a business power of attorney appointing someone to manage your business affairs;
- the creation of an advanced decision confirming whether you would like life sustaining treatment if you become very unwell;
- a plan to cover the payment of care home fees and to fund other long-term care costs;
- a plan to enable you to pass on money to your loved one’s while you are still alive, paying no more tax than is necessary and without affecting your own standard of living;
- the creation of a will to ensure your money and property goes to those you choose to receive them;
- the creation of a trust to protect the inheritance of vulnerable beneficiaries;
- tax planning to ensure you take advantage of any available exemptions and reliefs, particularly for inheritance tax; and
- general wealth protection advice to ensure you and your family hold on to as much of your hard-earned money and property as possible.
We can also help your family apply to the Court of Protection for permission to deal with your affairs if you are too ill to make a lasting power of attorney and to apply to the Probate Registry after you have died for permission to administer your estate.
Advising families throughout Kent and beyond
We have offices in Chatham, Gravesend, Maidstone and Tenterden where we can meet you to discuss your requirements.
We can also offer meetings at your home, in hospital or in a care facility, and in exceptional circumstances a telephone appointment can be arranged via skype.
An initial appointment to discuss your requirements can be arranged from £95 plus VAT. After that we can agree funding arrangements to suit your budget.
Get in touch
Call us on 01634 811444 for any business related advice you need. Alternatively complete our contact us form and we will be in touch as soon as possible.