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Managing property and finances for someone who lacks capacity can be complex and emotionally challenging. Ensuring their best interests are protected while navigating legal and financial responsibilities requires a clear understanding of the relevant processes and frameworks.
When an individual is unable to make decisions due to mental incapacity, such as through illness, injury, or age-related conditions, it may be necessary to appoint someone to act on their behalf. This is typically done through a Lasting Power of Attorney (LPA) for property and financial affairs, enabling a trusted individual to manage assets, pay bills, and make financial decisions. If no LPA is in place, an application for a deputyship through the Court of Protection may be required.
Planning for future care is also crucial, as care costs can be significant. This includes understanding funding options, such as local authority assessments, personal contributions, and potential entitlement to benefits. Specialist legal advice can help ensure assets are managed effectively to provide for care needs without unnecessary financial strain.
At such a sensitive time, having expert guidance ensures decisions comply with legal requirements while prioritising the individual’s welfare. Professional support offers peace of mind, ensuring property and finances are handled with care, compassion, and precision.
Testimonials
Having previously been with a local family solicitor I did not feel I was being supported nor did I feel the best interests of my family were at the heart. On speaking with Victoria I felt that she had a completely different attitude and was confident she would get me the best outcome. On moving to Victoria she instantly worked on getting myself out of the pool for which I am incredibly thankful. With the support of a fantastic barrister chosen by Victoria and her support we have been through a Fact Find, had a resolutions style assessment from an independent social worker and have now been reunited as a family!
Very good to deal with, helpful and timely responses.
As always a smooth, timely and pragmatic approach to conveyancing. Both Tracy and Hayley have been great at expediently transacting on what could have been a complicated transaction. Communication has been consistently good throughout and an experience base that can be relied upon.
I was very impressed with everything to do with my will update. Professional advice and opinion is always essential. Very satisfied with everything, Tom is a very knowledgeable and attentive solicitor. Thank you.
My wife and I recently used Tom Calder at Wollens Torquay to prepare LPAs for us both. Tom was very professional and approachable and we were very pleased with the service we had. We have previously used Wollens for property transactions and we will certainly be using them again.
We were very impressed with the outcome of our wills due to the complexity of our situation. Tom took his time to offer the solution that we feel happy with.
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