WILLS & POWER OF ATTORNEY
Wills
Making a will ensures your assets are distributed according to your wishes, preventing legal complications and family disputes. Without one, the laws of intestacy will decide who inherits, and this may not align with your intentions. A will lets you choose beneficiaries, appoint guardians for minor children, and designate an executor to manage your estate. It can also help reduce inheritance tax and prevent delays. For those with complex family situations, such as stepchildren or unmarried partners, a will is essential to protect their rights. Ultimately, it provides clarity, security, and peace of mind for you and your loved ones
Lasting Powers of Attorney
A Lasting Power of Attorney (LPA) is essential for ensuring your affairs are managed if you lose mental capacity due to illness, accident, or old age. Without an LPA, your loved ones may face legal difficulties in making decisions on your behalf. There are two types: Property and Financial Affairs LPA, which allows someone to manage your finances, and Health and Welfare LPA, which covers medical and care decisions. Without these, the court may appoint a deputy and this inevitable causes delays and expenses. Preparing LPAs ensures that your chosen representatives act in your best interests, providing security, reducing stress, and preventing legal complications.
Our Wills and LPA expert is Matthew Faulkner