Wills

What is a Will?

Your Will allows you to decide what happens to your possessions such as property or money after your death.

There are other areas that your Will can include, such as:

  • Anticipation of marriage;
  • Guardianship for children who are under the age of 18;
  • Making specific gifts, such as money, antiques, jewellery, premium bonds, shares and even property to a particular individual;
  • Protecting children’s inheritance from a previous marriage or relationship;
  • Protecting a vulnerable person’s inheritance from being squandered;
  • Detailing your funeral wishes;
  • Excluding a person(s) from inheriting from your estate.

Our fully trained consultants guide you through this process and answer any questions you may have relating to your Will.

How much does it cost to make a Will?

We charge £80.00 for a basic single person’s Will and £150.00 for Mirror Wills (Wills for a couple) both including VAT.

We offer a Home-Visit service and charge £140.00 for a single person’s Will and £220.00 for Mirror Wills (Wills for a couple) both including VAT.

Why do i need a Will?

A Will makes life easier for those who you’ve sadly left behind, such as family and friends. Without a Will in place, the administration process can be stressful and time consuming; with your loved ones grieving, a Will can ease the process for them.

If you were to die without a Will in place, all of your assets would be distributed in a certain way which is defined by UK law – this means your estate could be divided between those who you wouldn’t want to inherit.

Your Will can also reduce the amount of Inheritance Tax payable on your estate (if applicable).

Do you have children under the age of 18?

Yes?

Then you will need to appoint a legal Guardian to look after your children should you die before they reach the age of 18.

I have nothing to leave, do i need a will?

Without a Will in place, your loved ones must administer the Estate without your wishes, which can be stressful and time consuming. With a Will in place, your Estate can be dealt with according to your wishes.

What is an Executor?

The Executors are those that you appoint to deal with everything whenever the time comes. Your chosen beneficiaries can be appointed as your Executors if you wish.

I have children under the age of 18, can i appoint a Guardian in my Will?

Yes, guardianship appointment can be written into your Will giving direction as to who shall become the legal Guardian for any children of yours who are under the age of 18 at the time of death.

Can my Will help protect my home against potential care home fees?

Yes, we specialise in drafting these types of Wills. Contact us and speak to a member of the team for more information on 0845 4900324.

Where do I keep my Will once it has been signed, dated and witnessed?

We offer a Secure Storage service which we recommend to all of our clients to take advantage of. We place your Will(s) in a secure vault, meaning that your Will is kept safe and cannot get lost, stolen or damaged. For further information please see our Secure Storage page.


Lasting Power of Attorney (LPA)

What is a Lasting Power of Attorney?

A Lasting Power of Attorney is the only way that someone can choose who they trust to manage their affairs if they lose mental capacity and are no longer able to do so for themselves.

There are two types of Lasting Power of Attorney, one dealing with Property and Financial affairs, the other with Health and Welfare matters.

If you have Lasting Power of Attorney in place, your ‘attorney(s)’, those you have nominated to represent you, can legally act in your best interest when you are unable to do things for yourself.

Deciding to take out Lasting Power of Attorney is a very important decision. So it’s good to get professional advice. Contact us for further information or to arrange your no obligation appointment on 0845 4900324.

What does Lasting Power of Attorney cost?

We charge £160.00 for each type of Lasting Power of Attorney; so if both types are required (Property & Financial Affairs and Health & Welfare Matters) the cost is £320.00. These are our office prices; we offer a Home-Visit service where the cost of each Lasting Power of Attorney document is £190.00 (£380.00 for both).

These prices do not include the Governments registration fee of £82.00 per document, however, this fee may be reduced depending on the income of the Donor (the person giving other authority). We can confirm whether a registration fee shall be payable during the first consultation.

What would happen if i do not prepare Lasting Power of Attorney?

Whilst there is an increase in the awareness of Lasting Power of Attorney and a greater understanding of the importance of these documents, many still do not understand the consequences of not preparing them.

A Lasting Power of Attorney is a legal document which allows you to choose trusted family members or friends to manage your financial affairs and health matters, in case you suffer with mental health issues and lose mental capacity and can no longer manage your own affairs.

The most important thing to remember about Lasting Power of Attorney is that you can only have these prepared whilst you still have mental capacity.

Unfortunately, if you do not have a Lasting Power of Attorney in place, and have become unable to manage you own affairs, a Deputyship order will be required, made to the Court of Protection – this can cost considerably more than setting up Lasting Power of Attorney!

As you would not have the mental capacity to express who you would like to act on your behalf, the Court have to consider the evidence provided to them before making a decision. This makes the process a lot more involved and the application requires much more time & cost. More even, can cause considerable stress for your family.

The Court of Protection is reluctant to get involved with decisions regarding Health and Welfare. It is very rare that the Court will appoint a Deputy to manage Health and Welfare matters generally on a day-to-day basis.

Why would i need Lasting Power of Attorney? I’m in good health?

Think of Lasting Power of Attorney as a form of insurance. No one knows whether they’ll loose mental capacity in later life, and you can only make Lasting Power of Attorney if you still have the mental capacity to do so.

If you go ahead and appoint someone to act as your ‘Attorney’ (a person you can trust to manage your finances and/or look after your health & welfare issues), you’ll be saving your loved ones from a great deal of heartache.

Without Lasting Power of Attorney in place, the financial cost of solving the problem may run into several thousand pounds.

What are the two types of Lasting Power of Attorney?

The two types of Lasting Power of Attorney:

Property and Financial Affairs

This type of Lasting Power of Attorney allows the Donor to choose one or more attorneys to make the following decisions in respect of:

  • Paying bills, including the mortgage, rent and household expenses
  • Buying or selling your home
  • Opening, closing or operating any bank, building society or other accounts
  • Receiving any income, inheritance or other entitlement on behalf of the Donor
  • Dealing with the Donor’s tax affairs
  • Insuring, maintaining and repairing the Donor’s property
  • Investing the Donor’s savings
  • Making limited gifts on behalf of the Donor
  • Paying for private medical care and residential care, or nursing home fees

This Lasting Power of Attorney allows the Donor to appoint individuals to manage their property and financial matters at any time.

Health and Welfare

This type of Lasting Power of Attorney allows the Donor to choose one or more attorneys to make the following decisions in respect of:

  • Treatment and Welfare care
  • Deciding if they should have a knee replacement
  • Where to live and with whom
  • Who may visit them and who may not
  • What they want to buy, wear or where to shop
  • Holidays, outings and other experiences
  • Running the house, choosing interior decoration and furniture
  • Deciding about terminal illness treatment and care
  • Considering where they may like to die and the funeral arrangements.

This Lasting Power of Attorney can only be used when the Donor has become unable to make their own decisions.