Clayhall Will Writing Services.
Research suggests that more than two-thirds of people in the UK don’t have a Will. Many people believe they are either too young to write a Will or that it’s too expensive or they don’t have enough money or property to make writing a Will worthwhile.
The reality is that dying without a Will can make what is already a difficult time a lot harder for your family. You risk depriving your spouse or partner of their home, increasing any potential inheritance tax liability and leaving your estate in the wrong hands. With a younger family if the worst happens, in addition to having to deal with the loss of a parent or parent’s children are also faced with other problems. For example, they may have to move house or change school; they may even be taken into care whilst social services appoint a suitable guardian.
If you haven’t yet made your Will now is the time to act; especially if you have children. Do not leave it until tomorrow, life is uncertain and ‘tomorrow’ won’t come for an unfortunate few of us.
- Protects children
- Protects assets
- Provides for un-married partners
- Avoids Disputes
- Minimises taxes
- Allows allocation of specific gifts
Lasting Powers of Attorney
Lasting Powers of Attorney will protect you in the event that something happens in the future to prevent you from being able to manage your financial affairs and/or make decisions about your health or welfare. Whether it’s old age, illness, or an accident that leads you to becoming mentally and/or physically incapacitated, you need to trust that someone is looking out for you and taking care of your affairs. That person you nominate is known as your ‘attorney’.
The law does not allow such arrangements to be made after you lose the mental capacity to make these decisions. Therefore it is essential that these documents are prepared while you are fit and healthy, so that your family aren’t left picking up the pieces.
Clayhall Financial Services do not provide advice on Wills directly but we will refer you to our partner company who can expertly guide you through the process.