Looking after the finances of an elderly relative as a deputy; what does the Court of Protection do?
You’ll have to apply to the Court of Protection if you want to look after a relative's finances and they don't already have an agreement in place.
If you don't have a long term power of attorney in place, and you can't make decisions about your own finances, a special court will have to appoint someone to be a deputy. The Court of Protection is a special court which was set up to make decisions about people who are unable to make decisions about themselves, perhaps because they have dementia or learning difficulties. Find out what's involved.
What help is available if your parents have to sell up and downsize?
Moving house is stressful at the best of times never mind if you're elderly, but there are companies that will do the work for you.
Moving house can be both emotionally and physically draining but if you’re moving when you're in your 70s or 80s or because you have health problems, the process can take an even bigger toll. If you have family who live nearby they can give you some help but if you don't the prospect can be pretty daunting. However, some companies have recognised that there’s a gap in the market and offer to manage the sale of the property.
Giving away your home to avoid care fees; can you give away your home to avoid paying for care?
Giving away your home seem like an obvious way to avoid paying for care, but it’s not that straightforward.
Many people resent the idea of having to sell their home to pay for care home fees. So perhaps it's not surprising I regularly receive questions for the 'ask the expert' panel about how to safeguard your parent’s home. It's not something that's easy to do (and in some cases it may be illegal).