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LATEST NEWS & EVENTS Older people losing trust in charities  Older people considering signing over Lasting Power of Attorney (previously known as Enduring Power of Attorney) to relatives are losing faith in the ability of charities to handle end-of-life issues such as care. The Cost of Dying Survey reveals 32 per cent of people aged between 40 and 49 view charities as trusted source on these issues, reports Third Sector. However, that figure falls to 26 per cent for 60 to 69-year-olds and 16 per cent for those over 70. Simon Cox, head of life planning at Sun Life Direct, which commissioned the poll, was surprised by its results. "We would have expected that, as you age, engagement with charities would be at its highest – and we would expect trust to improve," he told the publication. The survey suggests many older people are putting more faith in their family to provide for them. In such cases, many older people will establish a Lasting Power of Attorney to allow family members to oversee their affairs, both financial and care provision. "If you're unsure and not confident filling in the forms yourself, because you are giving so much power to another person then it is recommended to speak to a solicitor," notes Alex Edmans, product manager at Saga. Posted by Alex McLean 
Related Articles: 22/5/2012 - Dementia carers urged to make sure will and Lasting Power of Attorney is in place 17/5/2012 - Discussing death remains taboo as wills and inheritance tax planning suffers 11/5/2012 - Queen's Speech legal reforms welcomed 4/5/2012 - Create Lasting Power of Attorney before it's too late 2/5/2012 - Support for will writing regulation grows More Individual Legal Services News |
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