Although managing millions of pounds doesn’t sound like too much of a headache, it can be a real problem! For example, some clients have a professional care regime in place which costs over £200,000 a year to run. When combined with the cost of therapies, disabled equipment and other living expenses, the money can begin to run out quickly. This is why using a professional to manage the money received in a compensation claim can be so important – the family can leave the worrying about money and budgeting to someone else.
But I don’t like the idea of losing control over my money
Many people are worried about using a professional deputy because they feel like they will lose control over their money. However, a good professional will make your life easier, not harder. They will sit down with you and discuss with you what you need financially, and how they can best help you. They will give you a telephone number where you can be reached at any time, plus their email address. They should make you feel like they are always on hand if you need them, and that they are part of your team working towards achieving your goals.
At BHP Law we follow these principles – we work hard with you and the people important to you, to create a supportive lifestyle that you can enjoy and an environment in which you can thrive. If you need a deputy, or are unhappy with how your current deputy manages things for you, give one of our team a ring and we will do our best to help.
If you would like to have a chat about your options or how we may be able to help you please contact a member of the team below, complete our call back form or contact us directly at your local office.