Most people want to continue living as long as possible . Modern understanding of diet and exercise combined with ever improving medication appears to be extending the period of life for the majority. However older age does bring with it potentially more risks. As we age our bodies become more frail occasionally leading to falls […]
Tag Archives | Powers of Attorney
Are You really prepared for Coved?
Provided we all follow the lockdown rules then we can assume we are doing sufficient to meet the Coved crisis But are we prepared if we catch the virus? If it knocks us seriously ill and we become unable to manage our affairs either financial or healthwise who will do it for us? Has anyone […]
Consequences
Coved 19 has caused many members of the public to concentrate their minds of the possible consequences of having the virus. Inevitably the prospect of sudden,unexpected death has meant more attention to the implementation of a Will to secure the future of loved ones and family. Following recent reports however, it appears that death is […]
A Cheap Insurance
The majority of people take out some form of insurance in their lifetime. It can be motor insurance, fire and theft cover, buildings cover, critical illness etc. etc. All of these protect against future potential accidents or happenings and of course death where life assurance is taken out. Annual premiums are paid on these policies […]
Bank error – now in your favour
At last eight of the major Banks have signed up to new guidelines to help the public with the use of Lasting Powers of Attorney. They have pledged to improve the way they treat families who help vulnerable relatives with their finances. Applications for Lasting Powers of Attorney have now hit a record of 591,000 […]
Peace of Mind
Many people I meet on the subject of Wills seek an answer to the nagging thought of what will happen after their death. What will happen to their belongings and assets,who will deal with them,how and who are executors appointed,what about the funeral,can pets be taken care of,is spouse able to continue living in house […]
Simon Cowell knows when
It is reported today that Simon Cowell has had a DNA test which tells him when he is going to die. Apparently he is good for another 40 years yet. This will certainly give him time to plan his affairs to ensure the maximum part of his estate will reach his loved ones on his […]
Pension Pot Perils
With the new legislation on Pension Pot withdrawals coming into force from April 2015 there are considerable risks for those who take out large lump sums. The immediate effect is to increase the value of your estate for Inheritance Tax purposes. A large withdrawal from your pension pot added together with the value of the […]
When Dementia Strikes
When the first signs of Dementia appear it is imperative to put your health and financial affairs in order. Initially you will probably be in full control of your faculties but as time progresses you will begin to lose control of your mental and physical abilities. To ensure your affairs are put in order the […]
No Change Budget
Construct a useful Will