Your Guide to Later Life Finance

Wills & lasting powers of attorney As you enter later life, your mind may turn to who you want to inherit your estate when you’re gone or ensuring you’re taken care of if you’re no longer able to do so yourself. With the Wills and lasting powers of attorney available through Key, you can take control of your future and beyond, and ensure those around you know exactly what you want. Our estate planners are fully qualified and members of The Society of Will Writers. They’ll listen to your wishes and provide sound advice on what’s best for you and your loved ones in the future, so you can take comfort your affairs are in order and concentrate on enjoying your later life. If you wish to add any estate planning fees to your equity release loan, these will attract compound interest.

Wills A Will is a legal document that allows you to express your wishes about the people you want to inherit your money, property and possessions after you’ve passed away. Without one, the rules of intestacy will decide who inherits your possessions, property and money.

Lasting power of attorney A lasting power of attorney (LPA) is a legal document that gives the person(s) of your choice the power to deal with your affairs. These trusted people will be able to use these documents to act on your behalf whenever necessary. They’re important in the event that you may not be able to express how you want your property and financial affairs and/or health and welfare to be taken care of.

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