Financial Planning for Older People

UNAPPROVED Many of us leave it all too late to plan for retirement, or are caring for elderly relatives and face difficult decisions. The legal complexities are daunting. This guide by John Kerrigan is designed to clarify the issues and set you on the path to sound financial advice in the context of the law. It covers all the salient issues of planning for later age and is a comprehensive guide to making the best decisions on often-difficult and taboo subjects, such as: capacity and Powers of Attorney; Intervention (authority to operate a bank account, Intervention Orders, Financial & Welfare Guardianships, advance medical directives, care home fees), in all cases following current case law and statutory position. In a more general sense, the book sets out key financial strategies (Inheritance Tax, strategies for lifetime mitigation, will planning, post-Death Tax planning) and gives sound advice for planning for retirement and pension planning after retirement. John Kerrigan is a solicitor with Maxwell MacLaurin