Category: Resources & Guides
by Viv King Financial Advocate A few weeks ago, I received an urgent call from a good friend and client while I was doing my shopping in Waitrose, just down the vegetable aisle! The call was regarding a close friend of my client, let’s call him Stephen, who had been suddenly diagnosed with inoperable cancer at the age of 40, and was receiving end-of-life care in a hospice. Stephen’s situation was dire. His wife had passed away two years earlier from cancer, leaving him with two young children, aged six and…
Many people wonder what happens to their pension savings when they pass away. funeraldirections.com is here to shed light on this topic with the help and all credit to retirement expert Sean Young from Standard Life. So, what does happen to my pension when I die? Contrary to a common misconception, your pension provider doesn’t keep your savings. Most plans allow them (or the trustees) to decide who receives the funds. However, you have the power to influence this by nominating beneficiaries. Who Receives Your Pension Savings? Beneficiary Options: Tax Implications:…
Funerals serve as milestones in our lives, marking moments of loss, remembrance, and communal support. Understanding the age at which individuals attend their first adult funeral gives us an insight into how different generations navigate experiences of grief and mortality. A recent Linkedin study suggests that it’s crucial to move away from the misconception that grief support is only necessary for children, the middle-aged and older generations. Grief is a universal human experience, and individuals of all ages require support to navigate the emotional complexities of loss. By acknowledging the multifaceted…
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Green’s Carriage Masters, an independent family-run business based in Southeast London, offer a diverse range of services to the funeral trade nationwide, operating one of the largest privately owned fleets of vehicles in the country. As a trusted supplier to numerous funeral directors across the UK, they’re renowned for their expertise and dedication. **These vehicles are available to book through your chosen funeral director……..just ask them. But they go beyond just transportation; they create experiences. Their team can help you in every aspect of your funeral arranging, whether your requirements are…
Crematorium and Woodland Burial Ground, Lytchett Minster, DorsetTapper Funeral Service – Steve Richards, Celebrant A Haven of Peace and RespectHaving recently attended the funeral of a great friend here, I wanted to congratulate Tapper Funeral Directors, for the excellent service and setting and Steve Richards, celebrant, officiating the ceremony . Harbour View truly is a haven of peace and respect during a difficult time for families. The moment you arrive, you’re struck by the beauty of the rolling countryside and the peacefulness of the ancient woodland – a world away from…
A crucial piece of advice is missing from professional guidance surrounding the Finance and Property Power of Attorney (POA) use. While POAs are meant to offer peace of mind and assistance, a significant roadblock can arise during emergencies. Financial institutions, particularly banks can take up to 10 days to recognise appointed Attorneys, even with a registered POA. This means well-meaning Attorneys attempting to manage crucial matters like care fees and large expenses during emergencies, sudden illness or unexpected hospitalization, can trigger security concerns and fraud alerts due to their unrecognized access…
For many in their late forties and early fifties, the loss of a parent becomes a stark reality. Data tells us roughly half will lose their father, and a third their mother, during this stage of life.This loss can be particularly profound, often coinciding with the peak of a demanding career and vast business experience. It can also thrust individuals, suddenly and unprepared, into the unfamiliar territory of funeral arrangements and the administrative processes, further complicating an already emotional time. There’s no right or wrong way to approach funeral arrangements, and…
When your partner leaves behind an unused car, it can feel like a heavy burden during a period of grief. But what you might not know is that you could be eligible for a car tax rebate, and many are unaware of just how much their vehicle is worth. Recent research has shed light on the fact that many people who have lost a husband, wife or partner have a dormant car taking up space in their driveways. If you find yourself in this situation, it’s essential to know that you’re…