Accident, sickness or old age can lead to you being unable to make decisions for yourself.
So who could?
NOT your spouse (without a LASTING POWER of ATTORNEY) and probably not your partner. The Court of Protection will decide. This is expensive and stressful.
To avoid this situation, you should have a Lasting Power of Attorney in place and YOU can then decide whom will manage your financial affairs and make decisions about your health and welfare if you are unable too!
Do you run your own business? Who would run it if something happened to you?
We can help with all these situations, just give us a call, all our advice is FREE.
10 March 2021
The views expressed in this blog do not in any way constitute advice and are specific to the date noted. As time passes the facts can change and readers should consult their adviser for up to date advice on any matters covered within the blog. Invest Southwest offers an initial review, which is free of charge, however long it takes. From this we will be able to confirm how we can help and give you an opportunity to decide if you would like us to. Thereafter, we will provide you with detailed recommendations and exact costs. Please note that we promise not to levy any kind of fee unless we can demonstrate a benefit to you.
- Inheritance Tax reporting for excepted estates
- The difference between probate and estate administration
- How do you own your property? And why does it matter when you die?
- Vulnerable Person Trusts
- How to Leave up to £1 Million to Your Loved Ones Tax Free - a Two-part Guide: Part 2