money
How to help your parent find the right buildings and contents insurance
Ashley Shepherd, Managing Director of Over50choices, helps us take a look at the factors your parents should consider when choosing home insurance, providing helpful guides on how to find the right policy to suit their needs. They say your home is your castle, which is probably true when you consider the amount of money we […]
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Tips on buying travel insurance for medical conditions
Written by Kathy Lawrence Having just been through the process of trying to buy travel insurance for someone who suffered a heart attack a couple of months ago, I’d like to add a few tips for others that we have gleaned through our experience. We thought that it would make sense to buy annual, multi-trip […]
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How to find the right life insurance for your parent
If your parent is considering life insurance for the first time and faces bewilderment at the level of choice, here is guidance through a diverse market. Firstly, you should review any policies your parent may already have in place and consider whether there is a need for a new life or long-term care insurance plan. […]
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How to find the right travel insurance for your parent
Ashley Shepherd, Managing Director of Over50choices.co.uk, takes an in-depth look at the factors your parents should consider when choosing travel insurance, providing a helpful guide on how to find the right policy to suit their needs. The cost of travel insurance increases as we age – a sad fact considering that for many of our […]
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Saving money on your parents’ energy bills
Latest update for June 2020: For information about how to manage bills and get a better energy deal, visit Citizens Advice. This article has been updated in January 2019. Schemes and prices change all the time. For up-to-date information, it is worth visiting the Money Saving Expert’s website. We’ve searched far and wide to […]
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Care fees funding and deprivation of assets: the rules
Member of Solicitors for the Elderly and Associate with Clarke Willmott LLP Heledd Wyn shares how to protect your parent from the possible pitfalls of a Local Authority investigation and what to do to ensure their financial actions aren’t deemed to be deprivation of assets. If your parent is thinking about making a gift to […]
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Should you be paying care home top-up fees?
Written by Kathy Lawrence If a care home resident is funded by their local authority, then families are allowed to contribute top-up fees to give them more choice in where they live. There are growing claims that local authorities are demanding top-up fees to cover part of the basic care for which the authority is […]
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What is NHS Continuing Healthcare?
Written by Rebecca Lenton As our parents get older their healthcare needs can change considerably. With complicated health conditions comes lengthy NHS and local authority assessments that can leave both you and your parent in a state of confusion. It can be difficult to understand how these processes can be of benefit to your parent […]
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How to apply for Attendance Allowance – what you need to know – Part 1
Written by Sandra Bullen It’s easy enough to say you can apply for this or that to help support your parents, but just how difficult is the practice? When They Get Older co-founder Sandra and her husband have begun the process of applying for Attendance Allowance for her mother-in-law. She’s keeping a journal of the […]
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How to fund care home fees through investment
Andrew Dixson-Smith, Business Development Director of care fees specialists Eldercare Group, shares his advice for managing your parents’ finances to pay for their care bills. The process of finding suitable care for a parent can be an extremely daunting prospect. Quite often, this process has to be undertaken at a time of crisis for the […]
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