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Lifetime Planning
Wills A will is the only way in which to ensure that your wishes are followed about where, when and how your assets will go on your death. The value in having a will:
Please click here to download, complete and return or print off the Hodders Will Questionnaire Tax and Estate Planning We advise on personal taxation and can assist in helping you to avoid tax with recourse to special counsel if required. We can also advise on ways to avoid potential care home fees for the elderly. We have many links to local firms of independent financial advisors who can advise you on your financial position currently and in the future. Court of Protection Matters When an individual looses mental capacity to manage their own affairs and has not set up the appropriate Enduring Power of Attorney (pre October 2007) or Lasting Power of Attorney, an application must be made to the Court of Protection, for the appointment of a suitable representative to manage that person's property and affairs. This is an extremely bureaucratic exercise at a time of heightened stress for family. We can guide you through and deal with the due process involved. Powers of Attorney A Lasting Power of Attorney extends beyond property and affairs and also deals with personal welfare, giving you the opportunity to nominate who can make decisions about your health if you become seriously ill. The donor can also give a general power or restrict it. The Lasting Power of Attorney document must be registered with the court straight away and only comes into operation when the donor has lost mental capacity. A Lasting Power of Attorney is an essential document for those who have multiple assets. A General Power of Attorney is a document conferring power from the donor to attorney to allow the attorney the power to act on his/her behalf regarding his/her property and affairs. It may be general giving total power or restricted to a particular purpose. A General Power of Attorney is only effective for one year and is ineffective if the donor looses mental capacity. Trusts Trusts have the potential to save on tax and are also a useful tool to gift property into trust whilst maintaining control of the destiny of the property. This may help ensure that your property is better protected from predators such as divorce lawyers to local authorities and trustees in bankruptcy. We can set up and administer trusts to deal with:
Living Wills/Advanced Directives Living Wills/Advanced Directives allow individuals to give instructions about what type of medical treatment they should receive in the event they loose their mental capacity to decide or communicate. We can assist in the preparation of such documents. Hodders can provide its wide range of lifetime planning services from its offices in 
Call us on 020 8965 9862 to find out more about our lifetime planning services or alternatively go to "Meet the Team" to contact one of our specialists directly. |