Estate Planning

An estate plan consists of three elements

Making a will

Have you made a will?

Is your will up to date, how long ago was it written, has anything changed?

Is it valid? If not you could be leaving your beneficiaries with problems.

If you cohabit but are not married your partner does not have any legal rights unless you leave a will.

Family Trusts

Are you aware of family trusts?

Do you know you can transfer your assests into a trust?

Do you know how this can help with care home fees?

Lasting power of attorney (LPA)

 There are two types of LPA

Property and Finance

Health and Welfare

If you are unable to deal with your own finances or make decisions on your future due to ill health, who can deal with these matters on your behalf?

Without an LPA external jurisdiction may have to be involved such as the Court of Protection.

Without an LPA your family may not have the right to look after your finances or make decisions regarding your future if you are unable to.

It is advisable to have an LPA in place.

All of these issues are vital to ensuring your assets are protected and that when you die your beneficiaries don't have the additional emotional upset of having to sort out your affairs.

The Estate Planner that presented at the course will discuss all the issues with you and advise what is best for your individual circumstances.

The first meeting is free of charge and all fees will then be made clear. If you then do not wish to proceed then matters will go no further.