Many clients who have their later life planning under control say it was easier than they thought and they felt better once they had dealt with it so here Erica Hancock offers eight points for advisers to talk through.
A staggering 850,000 people in the UK are currently suffering with dementia, a statistic that the Alzheimer’s Society say will grow over the next decade. It is forecasted that around 2 million people will have dementia by 2051 and it is currently estimated that approximately 1 in 3 people born in 2016 will become sufferers.
The controversial plans to increase probate fees have been put on hold. In light of the snap general election in June of this year, the Ministry of Justice have advised that there is not enough time push the changes through Parliamentary review.