Facing your own mortality is never a very palatable thought. However, nothing is a certainty except death and taxes, as the saying goes!
You will want to protect your loved ones, so that when the time comes, your estate is handed over to the right people. The only way to ensure that happens is to have an up to date Will.
The complexities of modern life may well mean you don’t have a “traditional family set up” – whatever that might equal. So, having an expert to draw up the right wording and conditions, will give you confidence that your family is protected as you see fit.
It is also worth you considering what would happen should you be incapacitated and unable to make decisions for yourself. Drawing up a Power of Attorney so you can elect who you trust to make decisions on your behalf, is well worth doing now. If you should fall ill it is often too late, without lengthy court involvement.
You may also want to ring fence some of your estate for a time in the future – either to protect more vulnerable family members, or to help reduce tax implications.
This is where a Trust comes in. Trusts can be very complex, and it is not unusual for them to be set up incorrectly, so you will want confidence that the person you appoint is an expert in that field.
Our sister company, Copthorne Legal Services, specialises in everything connected with estate planning including Wills, Trusts, Lasting Powers of Attorney and handling probate.
You may also want to ring fence some of your estate for a time in the future – either to protect more vulnerable family members, or to help reduce tax implications.
This is where a trust comes in. Trusts can be very complex, and it is not unusual for them to be set up incorrectly, so you will want confidence that the person you appoint is an expert in that field.
Our sister company, Copthorne Legal Services, specialises in everything connected with estate planning including wills, trusts, powers of attorney handling probate.
If you would like help in planning your estate and protecting your assets, give us a call on 01344 875 310 and let’s arrange a chat.
Need help with updating your Will, or setting up a Trust or Lasting Power of Attorney?
Maybe you need some support with handling probate? Or you have a loved one faced with long term care?
We can help.
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