Your Will and Power of Attorney
Have you sorted out your Will?
I am sure that you are full of good intentions when it comes
to your personal affairs, but you actually have to create a will to do it properly! If you do not get
everything in order, if something happened to you, it may be the State that gets your Estate rather than your loved
ones.
It is surprisingly easy to plan ahead for all eventualities and
there are a number of options available.
It is a common misconception that wills are only for the
elderly, infirm and the wealthy, however most of know of someone quite young who has died in unexpected
circumstances. Those that do have a will sometimes forget to update it when their circumstances change. This
could mean that it is no longer tax effective and may even be invalidated as a result.
We can help you pass your wealth on to your loved ones with as
little as possible to the taxman.
If you are concerned about what might happen to you if you were
to become very ill or unable to communicate your wishes to anyone then you may consider a living will. This
is an advance declaration of your wishes on medical treatments which you could be given in the
future.
There may also be circumstances in which you need to manage
some or all of a loved ones affairs, maybe on a temporary or long term basis. You may want to grant a power of
attorney to someone else to manage your affairs in certain situations. A power of attorney offers a great deal of
flexibility to suit all needs.
However, the law has recently changed and we have now seen the
introduction of Lasting Powers of
Attorney which have replaced Enduring Powers. Procedures
and paperwork differ considerably and are far more onerous, and this is reflected in the fee that we are now
having to charge.
It is not as expensive as you think to have a properly drafted
will, not that much more than DIY wills, which, although seemingly attractive, can cause huge problems if not
correctly worded. A will must not be ambiguous and it is surprisingly easy to get it wrong.
Call us today on 01273 857 024 to have your will professionally
drawn up at a price you will be pleasantly surprised by.
If you prefer you can leave your details here and we will ring
you at a time to suit you.
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