We all know many people with great health, and in full possession of their faculties until the ultimate day of their life. We also know people people who do not have the same fortune. The ageing process unfortunately can have a telling effect on our ability to remain independent and get on with our daily tasks unassisted. Instead of assuming that this is not going to happen to us, and as difficult as it may feel to consider this, it is better to plan for such a happening.
Many people would rather live the rest of their lives in their own homes rather than move into a residential home. If you are one of these people you should find out what forms of assistance are available to you; both statutory and voluntary.
Living with others
You might get to a point where you feel it is better to move in with a friend or family member, typically a son or daughter.
Making a Will
A will sets out how your estate (your assets) should be distributed, and names an executor(s) to take care of this task. A will is only valid if your signature has been witnessed by 2 adults who are not beneficiaries of the will in anyway.