Posts from March 2017

Having a Pre-Paid Funeral Plan in place, means that you are securing the cost of your funeral at today's prices, with the cost of funerals set to rise over the coming years, you know that having secured the cost at today's prices, your family wont have to worry about paying for your funeral in the future, or were that money is going to come from. 
Power of Attorney is not just for the elderly. As an Estate Planner, I see people all the time that have been thrown into a situation where a loved one, whether it be a spouse or partner or their son or daughter has had an unexpected accident, or has suddenly become very ill or has been diagnosed with a life changing illness. Recently I had a young girl in her late teens that had been diagnosed with having a brain tumor. 
It is estimated that by 2025, that there will be well over a million people in the United kingdom that will have been diagnosed with Alzheimer's or Dementia. The Alzheimer's Society has stated that around one in five people in the United Kingdom over the age of 85 years already have been diagnosed with dementia, and this is going to rise steadily as we are an aging population. Dementia also seems to be a lot higher among women than that of men. 
 
If you do not have Lasting Power of Attorney in place, and you lose mental capacity and are unable to make decisions for yourself, your family and even your spouse will find it virtually impossible to handle your affairs and it will be up to the courts to decide who will then look after your affairs. 
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