Article on How the CARES Act Takes Care of an Individual’s Savings and Retirement Benefits

Albert Feuer recently published an Article entitled, How the CARES Act Takes Care of an Individual’s Savings and Retirement Benefits, Wills, Trusts, & Estates Law eJournal (2020). Provided below is the abstract to the Article. The CARES Act forgives federal…

 

Bury Quick Will Postal Service

Our Quick Wills option (postal Service) offers an easy, affordable and time efficient solution to putting your affairs in order and comes with full telephone support from one of our Wills specialists.
Priced at only £90.00 for a single Will and £130 for a Joint Will for you and your partner.

Our Quick Will option is suitable

  • If you are over 18 and live in England and Wales
  • Your instructions are straightforward
  • The value of your Joint Estate is below £650,000

How It Works:

  • Request a Will Questionaire via email or post
  • Complete your Questionnaire and return along with Proof of Identification, signed Terms of Business and your Payment.
  • A Qualified Will Writer will check your application for accuracy and may contact you to confirm or clarify the information you have provided.
  • A Draft of your Will is drawn up and forwarded to you, so that you can ensure that you are satisfied with your instructions before the Final Will is produced.
  • On your instructions to proceed, the Final Will document is prepared and posted to you via recorded delivery together with instructions for signing and witnessing.

Call us now on 0800 368 9770
or use our simple online form

Areas Covered

Ramsbottom | Edenfield | Shuttleworth | Smithills | Halliwell | Heaton | Ainsworth | Bradley Fold | Bradshaw | Breightmet | Harwood | Tonge Fold | Tonge Moor | Little Lever | Great Lever | Farnworth | Kearsley | Over Hulton | Westhoughton | Blackrod | Horwich | Lostock | Rivington | Belmont| Bromley Cross | Chapletown | Edgworth | Turton | Brandlesholme | Greenmount | Affetside | Hawkshaw | Holcombe | Tottington | Walshaw | Heap | Nangreaves | Summerseat | Unsworth | Walmersley |

Lasting Power of Attorney Bury

There are 2 Types of Lasting Powers of Attorneys

1: Lasting Power of Attorney for Property & Financial Affairs
2: Lasting Power of Attorney Health & Welfare

What is a Lasting Power of Attorney

A Lasting Power of Attorney (LPA) is a legal document that allows someone (known as a Donor) to choose someone they trust (known as an Attorney) to make decisions on their behalf about their property and affairs.

Using an LPA people can choose someone they trust to make decisions about their property and affairs, on their behalf, at a time in the future when they might not have the capacity to make them for themselves, for example due to the onset of dementia in later life or as a result of a brain injury.

Creating a Power of Attorney

The Donor may appoint an Attorney to manage their property and affairs while they still have capacity to make decisions themselves. For example, it may be easier for them to give someone the power to carry out tasks such as paying their bills or collecting their benefits or other income. This might be easier for lots of reasons i.e. the Donor might find it difficult to get about or to talk on the telephone, or might be out of the country for long periods of time.

Alternatively, the Donor may include a restriction that the LPA can only be used at a time in the future when they lack the capacity to make decisions for themselves – for example, due to the onset of dementia in later life or as a result of a brain injury.

An Attorney will not be able to make decisions about a Donor’s personal welfare unless they have also been appointed as a Personal Welfare Attorney using a separate LPA.

An LPA can only be used once registered with the Office of the Public Guardian(OPG). You can appoint as many Attorneys as you wish, but it is important that you consider how you are appointing them. You will need to specify whether you want to appoint your Attorneys to act:

  • Together; or
  • Together and independently; or
  • Together in some matters and together and independently in others.

A Property and Financial Affairs Attorney, using a registered LPA, will be able to make exactly the same kind of decisions you can make now about your money and property. The person will only be able to make decisions within the scope of the powers you have given them and these decisions might include:

  • Buying or selling any property (land, buildings or other assets) you own;
  • Opening, closing or operating any bank, building society or other account containing the your funds;
  • Claiming, receiving and using all benefits, pensions, and allowances, on your behalf.

This list is only intended to give examples of the types of decisions that can be made on your behalf using a Property and Affairs LPA.

LASTING POWER OF ATTORNEY, PERSONAL WELFARE

A Personal Welfare LPA is a legal document that allows a person (known as a Donor) to choose someone they trust (known as an Attorney) to make decisions on their behalf about their personal welfare; this does not include decisions about money or property. It can only be used when the Donor lacks the capacity to make these decisions for themselves. An Attorney will not be able to make decisions about a Donor’s property and affairs unless they have also been appointed as a Property and Affairs Attorney using a separate LPA. An LPA can only be used once registered with the OPG.

Using an LPA people can choose someone they trust to make decisions about their personal welfare, on their behalf, at a time in the future when they might not have the capacity to make them for themselves, for example due to the onset of dementia in later life or as a result of a brain injury. This can include deciding where someone lives or what medical treatment they receive.

The LPA may contain restrictions and/or conditions that place limits on the decisions your Attorney can take, for example they may only be allowed to make decisions about where the Donor lives. They must adhere to these restrictions and conditions.

The Donor will talk to the Attorney about their wishes and feelings and may also include guidance in their LPA to assist them when making best interests decisions on their behalf.

The Attorney can only make decisions about life sustaining medical treatment on behalf of the donor, if the Donor has signed section 6 of their LPA and indicated that they wish you to make such decisions. If you are making a decision about the provision or withdrawal of life-sustaining treatment you must not be motivated by a desire to bring about the person’s death. However, you could decide to withhold treatment, even if this means the person will die, if this would be in their best interests, for example, if the treatment is burdensome or is not having any effect.

The decisions your Attorney can make will depend on the powers that you give them when making your LPA. The person will only be able to make decisions that are in your best interests and these may include significant decisions such as:

  • Giving or refusing consent to particular types of health care, including medical treatment decisions.
  • You staying in your own home, perhaps with help and support from social services;
  • You moving into residential housing and choosing the right care home for you.

Your Attorney(s) might also make personal welfare decisions about more day-to-day issues, for example about your diet, your dress or your daily routine. This list is only intended to give examples of the types of decisions that can be made on your behalf using a Personal Welfare LPA.

Help with Registration

Your local Legal Consultant will visit you in the comfort and privacy of your home to take your instructions for an LPA throughout England and Wales and then return for the completion formalities, making the whole process clear and straightforward.

Please contact us on FREEPHONE 0800 368 9770 (during our office hours) or complete the form on our Contact Us page and click ‘Submit’ for further information or to make an appointment. We will call you back as soon as possible.

Area Coverage for Face to Face Appointments

Ramsbottom | Edenfield | Shuttleworth | Smithills | Halliwell | Heaton | Ainsworth | Bradley Fold | Bradshaw | Breightmet | Harwood | Tonge Fold | Tonge Moor | Little Lever | Great Lever | Farnworth | Kearsley | Over Hulton | Westhoughton | Blackrod | Horwich | Lostock | Rivington | Belmont | Bromley Cross | Chapletown | Edgworth | Turton | Brandlesholme | Greenmount | Affetside | Hawkshaw | Holcombe | Tottington | Walshaw | Heap | Nangreaves | Summerseat | Unsworth | Walmersley |

Compare Funeral Plan Quotes Bury 0800 368 9770

We compare funeral plans and providers offering you free advice to help you get the best plan that meets your needs at a discounted price. Quite simply we get paid a commission for every plan we sell which we are happy to share with you

Enjoy exclusive £100 cash back rewards on each and every funeral plan purchases from the Funeral Plan providers listed below

Golden Charter Funeral Plans

Golden Charter is the UK’s leading provider of funeral plans. With over 400 staff and 25 years’ experience in helping people take care of their funeral arrangements and later life planning needs,

Golden Charter is owned by the people who understand your needs best – independent funeral directors. Our network of funeral directors is the largest in the UK, giving you the widest choice. Golden charter offer payment plans up to 30 years or till a maximum age of 80 with zero deposit.

To find out more about their plans and to take advantage of our cash back offer please visit our partner link Order Your Funeral Plan

 

Safe Hands Funeral PlansSafe Hands are confirmed as one of the most affordable – if not the most affordable providers on the UK market. See below for a current price comparison between all of the major providers.

 

Golden Leaaves Funeral Plans

Golden Leaves funeral plans has been at the forefront of pre-paid funeral plans for more than 28 years.Providers of Funeral Plans for expatriates living in Spain, Portugal or Cyprus
They are the only nationwide Funeral Planning provider to offer The Ultimate Green Funeral Plan service in the UK.

Also known as Woodland burials plans include; Flower meadows, natural woodland and manicured parklands with a variety of environment friendly Plans.

Request a Funeral BrochureCashback Terms and Conditions

£100 CASH BACKPayment of Cashback
To qualify for our Cashback offer the Funeral Plan must be purchase through our weblink or from an Appointed Consultant and you must be in receipt of a unique reference number at the time of purchase

  • If a plan is purchased in full,  cashback will be paid once the 30 days cooling off period has passed
  • For other payment methods – Cashback will be paid once the plan has been in force for 12 months and all payments must be up to date
  • Cashback is paid in the form of a cheque made out to the  name of the plan holder

Area Coverage for Face to Face Appointments

Ramsbottom | Edenfield | Shuttleworth | Smithills | Halliwell | Heaton | Ainsworth | Bradley Fold | Bradshaw | Breightmet | Harwood | Tonge Fold | Tonge Moor | Little Lever | Great Lever | Farnworth | Kearsley | Over Hulton | Westhoughton | Blackrod | Horwich | Lostock | Rivington | Belmont | Bromley Cross | Chapletown | Edgworth | Turton | Brandlesholme | Greenmount | Affetside | Hawkshaw | Holcombe | Tottington | Walshaw | Heap | Nangreaves | Summerseat | Unsworth | Walmersley |

Planning for Care Home Fees

People should plan for care costs – Hunt

Long-term care costs in old age will be capped at £75,000 as part of a £1 billion initiative, health secretary Jeremy Hunt has announced.

He heralded the reforms as “historic”, pointing out they will save thousands of people from having to sell their family homes to pay for care.

However, campaigners have stressed that the cap, which will be funded by extending inheritance tax, is too high given that it is double the £35,000 recommended by the Dilnot Commission in 2011.

Meanwhile, thousands more people will face inheritance tax payments because of a three-year extension of the freeze in the £325,000 threshold – £650,000 for couples – at which it kicks in at 40%.

Mr Hunt also revealed that the threshold to supply means-tested Government support for care bills will rise from £23,250 to £123,000.

The measures, which will be introduced as part of the Care and Support Bill that from 2017, will benefit around 100,000 people every year who do not currently receive support, Mr Hunt added.

It is hoped that with guarantees over the maximum bill, will give people the chance to buy insurance that protects against possible care costs.

Mr Hunt also revealed that there will be a lower cap introduced for people who have care needs before they reach retirement age, while people with needs when they turn 18 will be entitled to free care.

He told MPs that people in Britain need to start thinking about social care costs in the same way they plan for their pensions.

Mr Hunt stressed that this is something UK Governments have left unchecked for too long.

“Whilst there are many other things that need to be done to prepare for an ageing population, these reforms do herald a historic change in the way that care and support is funded in this country,” he added.

Free Will Storage in January

Your original Will is your only Will and therefore needs to be kept safely.

If there is one place you sholud never ever keep your original will is at home.If anything should happen to you in a house fire and your will went up in smoke with you or just smoke damaged then you haven’t got a valid.

I f your will is damaged in anyway which could cast doubts as to the contents of the will or raise questions to why the damage was inflicted, then the courts could throw the will out as being invalid

You need to keep your will in a place thats nice safe and secure,however that place should not be so nice and safe and secure that no one can find it when its needed!

As Will writers we use a National Will Safe Document Storage facility that is an unique ,national and central facility for wills that overcomes all of the problems of safely caring for important legal documents for a small ” one off” Fee of £40.00

Your will is kept in a waterproof wallet in a specialist document archive facility.

While it is stored, it is fully insured so thast if it is lost or damaged while you are alive,then it will be replaced for you ,Free of charge.

If your will is lost or damaged after your death,or its loss or damage only comes to light after your seath, then your Executors are insured ( for up to £2million) to compensate your estate and its beneficiaries for any losses that they incur as a result of there being no legally valid will.

You can access your document at any time – free of charge.The document can be returned to us or your will writer for updating or directly to you using an insured delivery service.

When your Executors need to access the documents,once they have provided a death certificate and proof of their identity, your documents will be returned to them- free of charge

You will be provided with plastic identity cards for you and your Executors with your name and a unique Identity Number and contact telephone

When you or your Executors need to access the Will, simply telephone the contact number and we will arrange the return of your will to a convenient address

The location of your documents will be registered Free of Charge on the National Will Register

To Summarise
■Wills stored in Waterproof wallets
■Wills stored in a specialist document archive
■Wills fully insured
■Wills returned to you or your Will writer-Free of Charge
■Will returned to your Executors when needed Free of Charge
■Location of Wills recorded on the National Will Register

Current Price of £40.00 ( One off Cost”) FREE for the month of January 2013

Please contact 08450 526 840