Lasting Power of Attorney it is not enough for you and your beneficiaries.
The Universal Group utilises the skills of Solicitors, Accountants, Financial Advisors and Assets Protection Trust Experts to provide a range of specialist planning solutions not generally available on the High Street.
However you ask one thing that you have already given someone lasting power of authority. When you give someone Lasting Power Of Attorney you give them authority to handle your affair in the case you are mentally or physically unable to do it yourself. As opposed to enduring power of attorney, it is registered and also covers personal welfare. With Lasting Power Of Attorney you can give a close and reliable family member to make decisions about your care in your old age, your financial welfare and assets.
Regardless of this however you can still incur residential care fees irrespective of the fact that you have someone to take care of your affairs. You can still allocate someone Lasting Power Of Attorney to reduce the care fees incurred. You can only pass on what you have what you own at he time of your death, but care fees that are incurred will be met from your estate prior to your death. Would you turn a blind eye from such an injustice?
If you want to protect your estate and still be able to have use and enjoyment of it, then the Universal Asset Protection Trust (APT) is the ideal solution. Detailed in its campaign "How To Keep It In The Family" you can learn of techniques on how to reduce the care fees you incur.
Universal Asset Protection
T: 0800 542 8243