The Office for National Statistics recently released figures which confirm that Alzheimer’s disease has now become the leading cause of death in England and Wales. According to the report more than 61,000 people died of dementia in 2015 – that’s 11.6% of all recorded deaths.

 

This can largely be explained by the fact that we are living longer and as a result, age-related illness is becoming increasingly common. It is, however, a timely reminder to ensure that you have planned for the future and that your financial and welfare affairs will be well looked after should such illnesses befall you. The absence of such planning can cause delay, expense and further needless distress at an already challenging time for you and your family.

 

Such uncertainty can be avoided by putting in place a Power of Attorney, which appoints a trusted individual or individuals to look after your affairs if you are unable to do so yourself.

 

If you are interested in putting a Power of Attorney in place or if you have any questions about what this entails, please contact our expert Private Client team here at Clyde & Co and we would be delighted to help.

Posted by
Nikki Dundas

Partner

0131 525 8674

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Simpson & Marwick is the trading name of the Residential Property Division of Clyde & Co (Scotland) LLP, a limited liability partnership registered in Scotland under number SO305618 and with its registered office at Albany House, 58 Albany Street, Edinburgh, EH1 3QR, United Kingdom. Clyde & Co (Scotland) LLP is authorised and regulated by the Law Society of Scotland and uses the word "partner" to refer to a member of the LLP, or an employee or consultant with equivalent standing and qualifications. A list of members is available at:clydeco.com.