The forgotten demographic - Those with no children
- AuthorClaire Read
A group called AWWOC (Ageing Well without Children) has been formed, with the aim to raise awareness of issues that can arise where vulnerable or elderly people do not have children, or children nearby, to help them with care or financial matters.
Unfortunately, there have been some horror stories in Essex where there have been no close family members to keep an eye on things and this has, on occasion, not only lead to financial abuse, but sometimes to physical and mental abuse.
Going back only 2 or 3 generations, this would not have been so much of problem because very often you had 3 or 4 generations living under one roof. This meant that there was care assistance, not only for the young, but also for the more elderly.
However, there have been quite a few changes over the years;
Firstly, life expectancy has increased significantly. Whilst this is good news, unfortunately, not everyone will be leading healthy lives and more support may be needed.
Secondly, it is now unusual for more than 2 generations to live under the same room
Thirdly, adults have to work longer before they can retire.
Finally, travelling overseas to live and work has become more common for both parents and children.
This means that during my lifetime, I cannot expect to count on my children being able to support me, and I see the need for AWWOC becoming an important organisation in the future.
If you would like to discuss planning for later life, please contact one of our Wills, Trusts, and Probate team. I am based in our Chelmsford office and can be contacted on 01245 453835 or email@example.com.