Wills

A Will allows you to set out what you want and can make dealing with your affairs much easier. Having the right Will means that your Estate will be left to whoever you wish. You can ensure your wishes are carried out. You can ensure your will is tax efficient.

If you have children, you can specify who you want as their guardian, If you are married/in a civil partnership, you can ensure your partner benefits from your Estate as ‘common law’ partners have no automatic rights like spouses.

You can avoid Intestacy rules.

 

Trusts

A trust agreement is a legal document that outlines the rules that you want followed for property held in trust for your beneficiaries. Common objectives for trust are to reduce the estate tax liability, to protect property in your estate, and to avoid probate,There are different types of trust applicable to meet different kinds of needs . The type of trust you use will  depend on who the beneficiaries are , what the assets are, and  how you want the assets to be distributed. The type of trust applicable to your needs will be discussed during your consultation.

 

 

Lasting Power of Attorney

There are two types Of LPA-Property and Financial affairs and Health and welfare

 

 

LPA Property & Financial affairs

A property and financial  affairs Lasting Power of Attorney takes care of your fincial affairs, property, money and assets. This means your chosen attorney can look after your financial affairs.An LPA can be set up to your requirements. If there is No LPA and you loose capacity there could be an impact on family. You would have apply to the Court of protection for a Deputyship order. This could take up to six months.

 

LPA HEALTH & WELFARE

A Health & Welfare LPA allows you to decide who makes decisions on your future care and welfare. This will come into force when  you are unable to make decision's. It gives your attorney the power to decision's decide where you live, medical care and life saving treatment.

 

The Attorney will only be able to make personal decision's once the LPA is registered and provided you cannot make personal decision's for yourself.