Financial
Advice and experience to help you support and protect your parents and their rights.
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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6 Safe Ways to Invest in Blockchain Stocks
Collaborative Post Blockchain technology has become a game-changer in the financial market. It utilises peer-to-peer transactions that are added to blocks and can’t be altered or removed. The integrity that blockchain offers and the cost-cutting transactions have increased its popularity among individuals and companies. During its inception in 2009, the technology was used to launch […]
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Options Available When a Financial Emergency Strikes
Collaborative Post Throughout life, there will be moments where we need to access funds that we may not have. This is considered a financial emergency, and it’s important to know what your options are when this happens. Here is a list of the many ways you can access money in a financial emergency. 1. Borrow […]
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Exploring Financial Benefits for Seniors
Collaborative Post When you have a senior or an elderly family member, you want to make sure they are getting the best care and financial support they possibly can, especially if their pension doesn’t cover everything. If you care for them, you might be spending more time helping them than concentrating on your job, which […]
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Life Ledger – simplifying death notification to organisations free of charge
Service Review When you’re grieving for the loss of a parent, settling their affairs can be slow, arduous and painful. It’s surprising how many organisations have to be notified – from banks and pension funds to mobile phone contract providers and utilities. Not only do you have to find the details of each account, but […]
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Top 5 Life Changes That Mean You Should Update Your Will
Collaborative Post Ensuring that you have a valid and comprehensive will in place in order to protect your loved ones’ interests in the future requires more than a single session with your solicitor. In reality – and unless every element of your life remains the same over the years – creating a will is a […]
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Smart Tax Planning for the Elderly
Collaborative Post Your twilight years are a time that you should be able to relax and enjoy, free from many of the hassles that plague working life. Unfortunately, taxation is one thing that you can’t escape. Even when you’re elderly, you’ll need to be aware of your financial affairs. Taxation might not be the most […]
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Understanding Guardianship in Scotland
Often people assume that if they were to lose their ability to look after their financial affairs, or to make their own care decisions then their spouse or children will have the power to access bank accounts and make any health care decisions for them. That’s not necessarily the case. In the event that you […]
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Things to consider before getting 50+ insurance
Collaborative Post As our loved ones get older, they may notice that they are bombarded more and more with advertisements trying to sell them life insurance policies. It’s not a bad idea to consider speaking to your loved one about some of these as they can help to make sure that they get the coverage […]
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