Caring for others, caring for the elderly

Have you ever considered how you would manage your finances or make life decisions if the situation arose where you could no longer take care of your own affairs or are you a carer for someone in this situation?

Reviewing your Will, considering the benefits of a Lasting Power of Attorney and discussing the making of lifetime gifts which may be regarded as a potentially exempt transfer (PET) to reduce your inheritance tax bill if you survive the date of the gift by 7 years may all be relevant to you.

The law in this area is complex and there are important rules affecting “gifts with reservations”. We can help provide guidance as to the implications of gifting your property so that we can help you achieve your wishes with no unexpected consequences.

If you need to make an application to be appointed the Receiver for a near relative we can also guide you through this complex process.

People often turn to us when it is too late. It is far better to talk through any perceived problems early on.

ARTICLES


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Deputyship - Assuming Responsibility for Others

Andrew Jack, Probate and Wills Specialist with AMD Solicitors answers a frequently asked question.

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To move or not to move?

Rebecca Scadding of AMD Solicitors considers the funding implications for individuals with disabilities moving from one local authority area to another.

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Putting your Affairs in Order

Claire Nelson Solicitor with AMD Solicitors advises putting your affairs in order.

CASE STUDIES


Caring for Others