Financial
Advice and experience to help you support and protect your parents and their rights.
Tips for Helping a Relative Financially Prepare for Retirement
Collaborative Post Preparing for retirement could be a stressful and challenging time for an elderly person. Although retirement can be an exciting milestone to reach, the transition into this new stage of life is very difficult for some. If you have an elderly relative who is currently preparing for retirement, then there are a number […]
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The importance of having an up-to-date Will
Once we finally get around to writing a Will, it’s very easy to put it in a drawer, marked ‘Job done’, and forget about it. Our expert guest blogger explains why that approach could mean problems later, and why it’s important to make sure a Will is current and clear. The date of a Will, […]
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Should you use XE for cheap and reliable transfers?
Collaborative Post Do you need to regularly transfer money abroad? Alternatively, are you thinking about investing in a property or any other major asset outside of the UK? If so, you will be interested in finding the most reliable and affordable way to transfer your currency. Banks are notoriously inefficient and expensive, but are the […]
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Why and When to Write People Out of Your Will
Collaborative Post Thinking about cutting someone out of your Will? Here are the reasons you might want to do so, and how you can do so effectively… When it comes to writing a Will, there’s plenty to consider, not least who you want to leave your estate to. That said, despite the expectation of who […]
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Finance tips that will help you as an older person
Collaborative Post Older people have so much to think about when it comes to money. They have to think about retirement, insurance, bills, pensions and more. All of this can be overwhelming, but it is essential that you manage and monitor your money so that it can help you in later life. Of course, everyone’s […]
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Latest on phishing scams and other tales of dastardly behaviour
No apologies for returning to the subject of scams yet again for an update. The sort of good news is, contrary to popular belief, that older people are not necessarily the most vulnerable when it comes to phishing and its relations. This is simply because many of the most senior members of the population don’t […]
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Finding ways to make your money go further as you get older
Collaborative Post When you have worked hard your entire life you want to make sure that later on when you are ready to retire that you will be able to live comfortably without financial worries. So finding ways to make your money go a little further is always helpful. Plan Ahead First of all it […]
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Can Will Trusts help to protect your inheritance?
Protecting inheritances for families is high on the agenda for many of us as we approach our older years. One option is to look at Will Trusts. This article explains what they are and how they work. What is a Will Trust? There are several types of Will Trusts which can be created within your […]
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3 Methods of Protecting the Assets of an Elderly Loved One
Collaborative Post There may come a time when an older loved one such as a parent, grandparent or other close relative doesn’t have the cognitive capability or mental faculty to manage their assets or finances by themselves, and as a care provider, fiduciary responsibility may fall on you. This is an extremely important role since […]
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Claiming benefits and allowances for older people and their carers
Older people in the UK can claim a wide variety of benefits to help finance their everyday lives. Some are well-known and easy-ish to claim. Many are not. Here are the key allowances that they or their supporter may be able to claim. Where the process is complex, we’ve added links for you to investigate […]
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