Later Life Care
Planning for your later years is more than just getting your pension sorted.
Often, there comes a time when we need extra care, whether at home or in a residential setting - and that raises questions about planning for fees, releasing equity and granting power of attorney.
- considering your future care needs
- already in care
- needing extra care at home
- the family of someone who needs residential or home care
- a professional court deputy or attorney working on behalf of an elderly vulnerable client.
…rest assured, we can help.
Symponia — simply reassuring
Why should Care Professionals talk to us?
As a SOLLA accredited adviser our Later Life specialist Michael Oglesby understands the financial, legal, medical and emotional challenges of Later Life Care.
When you refer your clients to a SOLLA accredited adviser, you can be sure you’re acting in their best interests.
For Legal Professionals
We can act as financial partners for Court Of Protection appointed deputies.
- Will my money run out?
- We won’t even try to answer this question until we’ve created an accurate picture of your financial position using our cashflow modelling platform.
- Will there be any legacy?
- Later Life Care goes hand-in-hand with estate planning, which helps establish how much you can afford to leave behind without affecting your lifestyle; and reduces the impact of Inheritance Tax through gifting, trusts, and insurance.
- Can I afford the care I need?
- As Symponia members, we’re recognised experts in Care Fees Planning. If there’s a way, rest assured we’ll find it.
- What if my health worsens?
- Our specialist Care Fees Planning advice makes sure you’re prepared for every eventuality.
- What if I lose mental capacity?
- The key is being prepared — appointing an attorney to take responsibility if you can’t. Our individual bespoke financial plan will make your attorney’s job much simpler.
- Aren’t Financial Advisers just trying to sell me something?
- We only make money from fees, rather than commission. We’ll always explain our fees, and the cost of the products we recommend before we give any advice.
- Can I get specialist advice?
- Certainly — our Later Life Care specialist is a SOLLA Accredited Adviser.
- Am I getting the right advice for my needs?
- By using a SOLLA Accredited Adviser, you can be sure that you are getting advice from someone who has up-to-date training and specialist understanding of Later Life Care.
- Am I doing the best thing in my role as Attorney?
- By law, as an attorney you must act in your donor’s best interests. Using a Financial Adviser with Professional Accreditation in Later Life Care will give you peace of mind that you’re doing just that.
- Will my attorney look after my best interests?
- Attorneys are regulated by law, and we won’t work with anyone we think isn’t acting in your best interests.