Hi,
I have been looking at some past threads about getting financial advice, and was wondering if anyone had any recent experience of using a SOLLA advisor?
Our family are contemplating the "How long is a piece of string?" question for my mum-in-law (77, early stages AZ), and dad-in-law (82, cognitive impairment, recovered from bowel cancer, physically disabled). At this point I don't believe either of them are ready for a care home, but in the near future we might consider upping their home care visits, or possibly trying a live-in carer. They are self-funding at the moment, but their funds could easily run out if they each live another 10 years!!
I was wondering if it's worthwhile getting some professional advice? Some family members think it would be a waste of time and money, as they feel they are quite capable of making a decision by themselves. We have some financial expertise in the family, but not SOLLA qualified advisors. My concern is that legislation is changing in this area, and a little knowledge can be a dangerous thing...
Any advice would be welcome. Thank you.
I have been looking at some past threads about getting financial advice, and was wondering if anyone had any recent experience of using a SOLLA advisor?
Our family are contemplating the "How long is a piece of string?" question for my mum-in-law (77, early stages AZ), and dad-in-law (82, cognitive impairment, recovered from bowel cancer, physically disabled). At this point I don't believe either of them are ready for a care home, but in the near future we might consider upping their home care visits, or possibly trying a live-in carer. They are self-funding at the moment, but their funds could easily run out if they each live another 10 years!!
I was wondering if it's worthwhile getting some professional advice? Some family members think it would be a waste of time and money, as they feel they are quite capable of making a decision by themselves. We have some financial expertise in the family, but not SOLLA qualified advisors. My concern is that legislation is changing in this area, and a little knowledge can be a dangerous thing...
Any advice would be welcome. Thank you.