Financial planning vital for dementia sufferers

18th May 2017

Financial planning vital for dementia sufferers

Financial planning is a crucial factor in dealing with dementia.

That’s the advice from Ipswich Citizens’ Advice, which is urging those who have been diagnosed with the condition to take action.

Nicky Willshere, Chief Officer at Ipswich Citizens Advice, used Dementia Awareness Week to highlight the importance of properly planning for the future.

“When someone receives a diagnosis it is understandable that they will take some time to process what it means to them and their family,” she says. “However, by taking positive action and controlling what choices can be made on your behalf, when and by whom, it can take a lot of worry out of the future.

“Organising your affairs is prudent at any time but should you or a loved one face a diagnosis of Dementia or Alzheimer’s, one of the most important things you can do to ensure your wishes are carried out is to thoroughly review and update your financial and legal affairs.

“This could be as simple as updating contact information and details on existing legal papers such as leases, insurance policies, agreements, other contracts or just writing a will. However, in more complex cases it may be that you want to consult a solicitor to appoint guardians or enact a Lasting Power of Attorney (LPA).“

How can Gotelee help?

To ensure the people you care most about aren’t forced to deal with unnecessary difficulties after your death, keeping an up-to-date will is important – especially if you have been diagnosed with an illness and want the peace of mind that your final wishes will be adhered to.

Our specialist team of lawyers can meet you at one of our offices, Ipswich, Hadleigh, Felixstowe and Woodbridge, can guide you through the process of making a will and/or LPA with sensitivity and care.’

Gotelee can also advise on the general procedures of administering an estate, obtaining the Grant from the Probate Registry and distributing the estate in accordance with the will or the intestacy rules if there is no will.

To find out more, contact Nicola Weldon on 01394 388605 or by email at [email protected]

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