Protecting Elderly Client Wealth (5 hours)

Wealth protection in retirement has never been more important as funding options for care come under Government scrutiny. This course identifies potential problems areas when advising elderly clients and offers practical advice, action lists and guidance on how to minimise the risks for both practitioners and the clients. It looks at the risk of financial abuse, LPAs, deputyship applications, tax advice for the elderly, long term care funding and best practice in care funding. It will also look ahead to the pending changes following the Dilnot Commission report.

Topics covered will include:

• Undue Influence - Gifts to relatives or carers during lifetime or on death
• Property rights
• Tax advice for the elderly
• LPAs - do they provide adequate safeguards against abuse - how do you minimise the risks?
• Deputyship applications – property transactions and gifts on behalf of the Donor
• Statutory Wills - why & when should an application be made
• Financial Abuse - How to recognise the signs?
• Long term care-funding
• Deliberate deprivation - what advice should you give?
• Assessed assets - what can be disregarded and how should they be valued?

Course Dates

02/10/2012 Birmingham	10:00 - 16:45 Venue Information
03/10/2012 Leeds	10:00 - 16:45 Venue Information
09/10/2012 London	10:00 - 16:45 Venue Information

Helen Clarke 
is a solicitor specialising in probate and elderly client issues. She is on the executive committee of the Law Society Private Client Section, the Law Society Council member for the Private Client Section, and a member of STEP.