Legal Matters in Long Term Care
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Any major change in life may result in changes in your legal affairs and moving into care is no exception. Whether it is an alteration in your will to reflect your new situation or the need to appoint someone to look after you affairs we aim to have included all of the details here.
Everyones situation is different and the information on our site is general. Please do not make legal decisions based on the information held here. Always discuss your circumstances and wishes with a professional legal adviser.
Appointing a Legal Representative
You may wish to ask a family member or close friend to help you manage your affairs. What you should consider first is listed here.
• Lasting Power of Attorney (LPA)
An LPA is a powerful document that allows you to hand over some or all of your affairs to a person or people of your choice.
• General Power of Attorney (GPA)
A GPA is generally suitable if you wish to give someone power over your affairs for a short period of time. It is not normally suitable for people receiving long term care.
Being Appointed as a Legal Representative
~ if someone close to you is no longer able to manage their affairs and they no longer have the capacity to appoint an attorney you can apply to the court for a Deputy Order.
The Mental Capacity Act 2005
The Mental Capacity Act 2005 sets out the principle under which attorneys must act.
Wills
Your last will and testament is the document that sets out how you would like your assets to be distributed after you have died. Make sure that your estate benefits the people and organisations that you wish to support.
Inheritance Tax Planning (IHT)
Not necessarily a specifically legal matter but one that may involve legal work. If your estate is over £325,000 your executors may be liable to IHT on your death. Their are ways of reducing and managing this liability.
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