Later in life

With people living longer, it’s important to make provision for our own – or our relatives’ – welfare and finances in later life

Planning for and managing our later years is a challenge faced by millions. On the one hand, it’s about managing elderly relatives’ financial affairs and long-term care. On the other hand, it’s about planning for your old age and the support you may need.

Our Private Client lawyers are highly experienced in helping people plan for their own or other’s care, always focusing on empathetic and grounded advice and practical outcomes.

How do you plan for later life?

Planning for the future is not just a question of paying into (or drawing) a pension. There are many other aspects you should consider, for example:

• Putting in place a Power of Attorney (PoA) before you become unable to manage your own affairs – and you shouldn’t wait until old age to do this
• Financial planning
• Making arrangements to pay for help and care home fees
• Inheritance tax and succession planning 
• Making a Will
• Discussing whether trusts could help with any aspect of your planning

As well as considering these aspects for yourself, you may need to help other family members to address them.

Equally, you may need to update existing plans to reflect changes in your family, for example altering a Will or PoA to take account of the death of a relative.

Support for managing affairs

Whether you’re planning for yourself or helping a family member, we can provide the support that works best for you. We often assist attorneys or guardians with the day-to-day administration of someone’s affairs—such as paying bills and managing finances—while keeping them fully informed.

If you’d prefer everything to be handled professionally and independently, our trustee company, Lindsays Trustees and Executors, can act as your financial attorney.

Our services cover:

• Day-to-day management, including making payments and handling routine financial tasks
• Long-term planning, ensuring resources are in place to meet changing needs

Working together for your peace of mind

We regularly work alongside clients’ financial and tax advisers—or can introduce you to trusted professionals—to make sure everything fits together seamlessly.

By coordinating with accountants and financial planners, we ensure your legal arrangements complement their advice, giving you a clear and consistent plan for the future.