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For many,
good health and increased life expectancy mean that retirement
is a pleasure to be enjoyed for longer. There is a more relaxed
pace of life and time to spend with the family and friends.
There may be opportunities for travel, sport and for trying
new experiences. To enjoy the freedom that later life has
to offer, it is vital that you plan ahead for the financial
and social help you may need.
Good forward
planning is the key to peace of mind. Whether you are considering
residential care or arranging your financial affairs a solicitor
can provide expert professional advice.
Financial
planning
You will want to ensure that your financial affairs are in
order, your investments are working to your advantage and
your property is protected and cared for. Your solicitor can
consider all the options.
Power
of attorney
It makes sense to appoint someone to look after your financial
affairs if you become unable to do so as a result of injury
or illness. It could be a relative, trusted friend or your
solicitor. Anyone who is still able to make decisions for
themselves can sign a Power of Attorney and this simple step
can avoid complex and expensive alternatives.
Guardians
If you are unable to make decisions and there is no power
of attorney, relatives can apply to the court to appoint a
Guardian. This will usually be a solicitor or accountant who
will ensure that you and your property are protected under
the law. Appointing a Guardian can be complicated and costly
and may often be avoided by planning ahead.
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