Questions?
We have answers.
When’s the best time to start planning for retirement?
It’s never too early - or too late - to begin planning for retirement. The earlier you start, the more options and flexibility you’ll have, but even if retirement is just around the corner, we can still help you optimise your strategy. Proactive planning always improves your options and brings peace of mind.
Are there tax planning opportunities for Court of Protection Deputies?
Yes - we help maximise allowances, optimise tax positions, and plan for inheritance tax, all while keeping the individual’s best interest at heart and complying with court rules.
How does Finura ensure compliance while investing the assets?
We structure and review investments to meet Court of Protection requirements, focusing on income and liquidity. We prepare transparent financial reports and work hand-in-hand with legal advisors to ensure robust compliance.
What are the responsibilities and limits of being a Deputy?
As a Deputy, you must manage finances in the individual’s best interests, including budgeting, paying bills, planning care costs, and investing prudently. All actions must be reported to the Court of Protection and comply with their guidelines.
How does Finura support Deputies?
We guide you through the process of becoming a Deputy, preparing financial plans, managing assets, and liaising with solicitors. Our experienced team will help you meet all legal and reporting requirements so you can focus on your loved one’s wellbeing.
What is a Court of Protection order, and when is it needed?
A Court of Protection order appoints someone (a Deputy) to manage the finances or welfare of individuals who lack mental capacity. It’s essential when someone can’t make informed decisions due to illness, injury, or cognitive impairment.
Should I consider donor-advised funds, trusts, or foundations for charitable giving?
We’ll help you assess benefits, costs, and the right level of involvement. Donor-advised funds, trusts, and foundations all offer control and potential tax efficiencies - you’ll get advice tailored to your ambitions and situation.
Can I involve my family in my giving strategy?
Yes! We encourage family conversations around philanthropy, which can strengthen relationships and build a culture of giving across generations.
How do I pick the right causes or charities?
We’ll help you clarify your values, research potential charities, and develop a strategy to support causes that truly matter to you, ensuring your giving is impactful and rewarding.
What are the best ways to create a lasting philanthropic legacy?
Options include setting up charitable trusts, family foundations, or giving funds. These embed your values into your long-term plans, ensure meaningful impact, and can offer long-lasting tax benefits.