Many people are unaware that unless they make a will their property will be distributed under the intestacy rules which do not take account of individual needs and preferences. Although the primary purpose of most wills is to dispose of property there are many beneficial ancillary functions which we can advise upon.
After a face to face meeting to discuss your circumstances we will prepare a draft will for your approval. We will attempt to identify and anticipate all foreseeable events and problems which might arise after the will has been executed and ensure the Will is clear as to what is to happen, should those problems arise.
The Will effectively disposes of all your property in accordance with your wishes and will also be flexible such that where possible future changes in family and property circumstances are catered for.
Lasting Powers of Attorney
A Lasting Power of Attorney (LPA) is a good way to ensure that your wishes will be respected in the future should you ever be in a position where you are unable to make your own decisions.
An LPA is a legal document giving authority to another person to make decisions on your behalf. It must adopt a specific legal format and carries several safeguards to protect against the risk of being used improperly:
It must contain a certificate from an appropriate person that the donor understands the LPA and has not been put under any pressure to make it; and
It must be registered with the Office of the Public Guardian before it can be used.
There are two types of Lasting Power of Attorney:
Property and Financial Affairs – used to appoint someone (an Attorney) to manage your money and assets, such as paying bills, managing bank accounts, collecting benefits and pensions, or buying and selling investments and/or property on your behalf.
Health and Welfare – used to appoint someone to take decisions which impact upon your medical condition and personal welfare such as where you live, your day-to-day care or specific medical treatments. It can also allow your Attorney(s) to give or refuse consent to life-sustaining treatment on your behalf.
An LPA will provide you with peace of mind, knowing that you have taken steps to ensure you have protected your future, whatever lies ahead.
We can deal with the whole process for you, from drawing up the LPA, notifying anyone who needs to be informed, acting as certificate provider and registering it with the Office of the Public Guardian.
The loss of a family member, close friend or loved one is something we all face at some point.
We can assist and support executors or administrators obtain probate and administer the estate at this difficult time.
In particular we can assist with identifying assets, valuing assets, establishing the value of the estate and calculating any inheritance tax that may be due. We can complete the forms and the application for the Grant of Probate on behalf of the executors or administrators.
We can also then collect in the assets, prepare estate accounts and distribute the estate in due course.
For further information or assistance with preparing and registering your LPA, or obtaining Probate or administering an estate, please contact us.