Providers need to be alive to the risk of contractors becoming insolvent and how to limit the resulting inevitable disruption.
Carers often find themselves juggling work and personal commitments as well as the health needs and requirements of those they are caring for.
With improved healthcare and support from carers and professionals, people are living longer and often living independently into their old age. Various charities and organisations such as Age UK and Action of Elder Abuse offer assistance to support carers all the year round, so that they can provide the care and link up with local advisers and support groups. Sadly for some, there is a significant risk of being vulnerable to financial abuse in their later years and this week also marks the annual World Elder Abuse Awareness Day on 15th June.
Keeping finances and legal affairs in order and reviewing matters regularly can help prevent people being exposed to financial abuse, as can seeking professional advice at an early stage. Making or revising a Will and appointing trusted friends, family or professionals as attorneys by way of Lasting Power of Attorney at an early stage, when someone’s mental capacity cannot be questioned, can reduce the practical difficulties faced by carers liaising with banks and pension providers or avoid disputes after someone has died.
If carers are supporting a person who is no longer able to make decisions for themselves, with no Lasting Power of Attorney in place, then it may be necessary to apply to the Court of Protection for a Deputy to be appointed to manage their finances. A professional Deputy may be an option in order for the carer to have more time to cope with their other responsibilities.
Anthony Collins Solicitors’ Personal Planning and Management Team has a wealth of experience advising carers and those they support, in respect of issues relating to the provision of suitable care in the right place or safeguarding someone’s financial position or acting as attorney or Deputy.
Chambers & Partners Guide ranks members of the team highly; those that prepare Wills adhere to the Society of Trusts and Estates Practitioners’ Code for Will Preparation and members of the team are involved with the Solicitors for the Elderly group at a national and local level.
For more information
Contact Sophie Fenn on 0121 214 3642 or firstname.lastname@example.org for further details.
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The potential for Brexit with or without a deal causes uncertainty, and credit rating agencies do not like uncertainty.
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A recent case throws light on the scope of the exemption for “land transactions” from the need for an OJEU tender process.
A leaked report into maternity services at the Shrewsbury and Telford Hospitals NHS Trust revealed by The Independent has been described as the “largest maternity scandal in NHS history”.
The Pensions Regulator is showing its determination to improve the prudent management of Local Government Pension funds by digging deep into the internal workings of these funds.
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