Advising the Elderly and the Mentally Infirm

An elderly client has their own special needs from a solicitor.

They often require specialist advice concerning their finances, especially if they need care in their own home or are to go into a Nursing Home.

Clients who have become mentally incapacitated, and have not previously appointed an Attorney to look after their affairs before they became incapacitated, also need specialist help. In those circumstances The Court of Protection can become involved and a Receiver needs to be appointed to administer the patient's affairs properly, and pay bills and Nursing Home fees. This is a costly and slow process and can be avoided with foresight.

Clients also often wish to make provision in their lifetime for other family members. But making gifts, or transferring property, can have major implications for tax, funding by Social Services and state benefits, as well as for the individual client, and therefore it is always a good idea to take professional advice.

We can take on the administrative burden and hassle of paperwork regarding diverse investments. We will advise on important decisions and provide regular reports and financial statements while dealing with the day-to-day compliance work and routine correspondence. We can liaise with stockbrokers and other advisers, monitor deposits and seek improved returns where appropriate, collate vouchers and prepare tax returns, all at competitive cost.

We aim to provide a specialist and sympathetic service to clients who need a great deal of help and support, and who often have no-one else to turn to.

Please feel free to email Michael Prendergast or call 01695 574201 to discuss matters in more detail.