Private Wealth For Care Home Residents

Healys are specialists in numerous areas of Private Wealth work, varying from advising internationally mobile high net worth clients with UK connections on their estate planning, to administering estates, obtaining probate, preparing declarations of trust in relation to property, deeds of variation in connection with wills, powers of attorney, and overseeing general personal and financial affairs (particularly for the elderly). These include:

• Drafting, amending and updating Wills;
• Drafting and registering Lasting Powers of Attorney, and registering Enduring Powers of Attorney;
• Drafting applications to the Court of Protection for Deputyship Orders for those who have lost mental capacity;
• Drafting applications to the Court of Protection for the completion of Statutory Wills where a person has lost capacity without completing a Will and there is evidence that can be submitted as to the true intentions of the incapacitated person had they had capacity to complete their Will;
• Advice as regards to the financial assessment for care fees;
• Inheritance Tax planning and later life planning; and
• Variations to Wills within two years of death for the purposes of Inheritance Tax mitigation.