Do I need life insurance? Life insurance schemes promise a payout of a fixed lump sum when you die. Here we look at who might benefit from life insurance, as well as any points to take into consideration. What is life insurance? Life insurance pays a lump sum or monthly income when someone dies. Some […]
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Coping financially after someone dies Coping with financial worries on top of grieving a loved one’s death is difficult. Understanding how to handle money matters after a partner has died, getting together the cash for a funeral, and learning to depend on yourself financially again are all large scale changes. Studies have shown that the […]
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What is Lasting Power of Attorney? By appointing lasting power of attorney (LPA), you are legally allowing someone to make decisions on your behalf in the future. If you have the mental capacity to make financial and medical decisions yourself, and communicate what you’d like or what you don’t want, then you can appoint an […]
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What are Advance Decisions and Advance Statements? There are a few ways you can take control of your end of life planning, and making an advance directive and advance statement are just two of them. Here’s a look at the differences between the two and how they apply to end of life care. What is […]
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What is Probate? If you find yourself named as an executor on a will, then you’re going to need to apply for probate. Probate gives you the legal authority to manage a loved one’s estate after they die – it’s the name given to the legal and financial processes involved in dealing with the property, […]
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Apps to help you out in older age Going to the doctor and being prescribed a trip to the App Store might seem surprising. But in 2016, the NHS created a beta site which detailed a group of apps it was endorsing or was actively involved in creating. Here we’ll look at some of the […]
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