Month: March 2021

Private Medical Insurance

COVID-19 concerns affecting access to medical treatments

Nearly 7 million adults are concerned about access to medical treatment[1], with lockdowns affecting access to medical treatments. 6.8 million[2] adults (13%) are worried that they won’t be able to get medical treatment if they need it, with people aged over 55 particularly concerned.

Long-term Care

Who is responsible for looking after us if we need care in old age?

As we get older, many of us will need help looking after ourselves. With the United Kingdoms population ageing, more people will be living with long-term care needs.

Writing a Will

Making arrangements for your closest loved ones

The coronavirus (COVID-19) outbreak has prompted many people to get their affairs in order by updating their Will. Increasingly COVID-19 has been on the minds of UK residents since the outbreak caused a nationwide lockdown last March, and the severity of the outbreak has led many to finally get around to creating or updating an out-of-date Will.

Lasting Power of Attorney

Peace of mind that there is someone you trust to look after your affairs

A Lasting Power of Attorney (LPA) is a legal document that allows you to appoint one or more people to make decisions on your behalf during your lifetime. The people you appoint to manage your affairs are called the Attorneys. A LPA is a completely separate legal document to your Will although many people put them in place at the same time as getting their will written, as part of wanting to plan for the future.

Inheritance Tax

Passing assets efficiently to the next generation

There are many things to consider when looking to protect your family’s lifestyle and your home. Protecting your estate is ultimately about securing more of your wealth for your loved ones and planning for what will happen after your death to make the lives of your loved ones much easier. It’s not nice to think about but it means that your loved ones can carry out your wishes and be protected from Inheritance Tax.

Trusts

Protecting, preserving or ultimately distributing wealth

As part of your Inheritance Tax planning, you may want to consider putting assets in trust – either during your lifetime or under the terms of your will.