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ELDERLY CLIENTS
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Hoyland:
01226 369 600
Penistone:
01226 763 551

Elderly Clients

Pennine Law are experienced and skilled in working with the elderly

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Pennine Law are experienced and skilled in working with the elderly. Our ethos is a personal, friendly and sympathetic approach, assisting all our clients in planning and managing their affairs most effectively in a wide range of situations.

People sometimes become incapable of managing their property and financial affairs and need someone to do this for them. Pennine Law, a friend or relative can be appointed to act on their behalf.

Lasting Powers of Attorney

A Lasting Power of Attorney is a legal document whereby a person (the Donor) can appoint someone they trust to make decisions on their behalf. This document can be drawn up at any time whilst the Donor understands the implications of the document. A Lasting Power of Attorney has no legal standing until it has been registered with the Office of The Public Guardian. The registration can be attended to as soon as the document has been signed or alternatively registration can be postponed until such it is needed in the future.

There are two types of Lasting Powers of Attorney, one which deals with decisions about how to spend the Donor’s money and the way their property affairs are managed and the second enables the Donor to make decisions about their healthcare and welfare.

Once a Lasting Power of Attorney is registered it continues indefinitely.

Safeguarding property from residential care home fees

Did you know?

Anyone who has capital of more than £23,000* is classed as self-funding and will have to meet their own residential care fees.

When a person moves into a residential care home a capital assessment is undertaken to assess what assets they own and such assets in the person’s sole name will be used towards their care. A one half share of joint assets will also be taken into account.

Did you know?

There are ways of protecting of your assets and Pennine Law’s role is to protect family wealth and provide confidential advice on all family trust and probate matters. Pennine Law has a well established reputation for taking a practical and sensitive approach and can assist you through the complexities of saving your home.

*as at March 2013
Click Here for Elderly Client Jargon Buster Fact Sheet


Wills, Trusts, Probate, Inheritance Tax and Elderly Client

Administrators
If you do not leave a Will, Administrators are people appointed to sort out your affairs according to the law.

Beneficiary
An individual or organization eg a charity who is left something in a Will. An Executor can be a beneficiary but they must not witness a Will or the gift will fail.

Codicil
A minor change or addition to an existing Will

Chattels
Your furniture car and personal possessions

Estate
Everything you own including money and property that are left when you die after all debts have been taken into account.

Executor(s)
People who are responsible for the winding up of someone’s affairs and distribution property in according with a Will.

Inheritance Tax
A tax which must be paid to HM Revenue & Customs when the value of a total Estate exceeds a certain amount.

Intestate and Intestacy
If you die without leaving a valid Will you die intestate and law decides who your possessions should be share out.

Legacy
A specific sum or item left in a Will

Power of Attorney
A legal document in which one person gives another person power to carry out actions on their behalf.

Probate (Grant of Probate)
The legal procedure to establish the title of Executors to administer an estate. Without the Grant of Probate generally bank accounts cannot be closed or property sold.

Residue
The sum left when all debts costs and gifts have been deducted from the estate

Testator or Testatrix
The person who is making the Will

Trust
An arrangement you can make to set aside assets which people only receive or benefit from under specific circumstances such as them reaching a certain age. Trusts may also be used to protect the value of possessions or investments.

Trustee
The person who looks after any part of your estate that you have left in a continuing Trust
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Pennine Law can also help with...

Pennine Law can also help you with Residential Conveyancing, Commercial Conveyancing, Wills, Trusts, Probate, Elderly Client issues, Inheritance Tax Planning, Business Law, Employment Law, Family Law and Civil Litigation

Talk to us first...

Do you have a question?
Ask our Elderly Clients team
Dont forget to ask for an estimate of costs
Will Solicitors, Trusts Solicitors Andrew R Coan
Penistone and Hoyland
Will Solicitors, Trusts Solicitors Susan Fletcher
Penistone and Hoyland
Will Solicitors, Trusts Solicitors Julian Salt
Hoyland and Penistone
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mail@penninelaw.co.uk

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