Working alongside our specialist legal team we can provide you with a personal advised service for Wills, Trusts and Lasting Power of Attorney.
We talk to you and take your instructions which takes upto 90 minutes. We then draft the documents and send them to you for amendments/approval. Final documents are then provided for signing. Wherever possible we will be there to witness the signing of the documents. We aim to complete the service within two weeks but if there is an urgency we can work with you on this.
What does a basic Will do?
- Appoints Legal Guardians - choose who you would want your children (if under the age of 18) to live with and take over parental responsibility in the event of your death. If you don’t do this the Court decides on who they live with.
- Appoints Executors and Trustees - Choose who you would want to administer your estate and take care of assets.
- Appoints Beneficiaries - Choose who you would want to benefit from your Will.
If you are unmarried but in a relationship your partner isn’t legally entitled to benefit from your estate due to the Rules of Intestacy.
Other things to consider:
When you don't make a Will your family wil be left to choose whether to apply for Letters of Administration to deal with your estate. This is so that they can close bank accounts, settle debts, acess other savings/investments/pensions. The cost of doing this is much higher than the cost of a Will.
Without funds made available to you family are left to fund the cost of a funeral. A Funeral Plan can also help with this.
In most cases a person's house is the largest asset but to ensure that the house can benefit family in the future you need to consider a Trust.
There are various options for Wills and Trusts. Please contact us to find out more about Wills and our other services.