MW Estate Planning

  Dying without a Will I had a call today from a client who unfortunately lost his mother to COVID-19 recently. The problem is he can’t find a  Will  and is pretty sure she never made one. I gave him the address of the National Will Archive but assuming there is no Will she has died INTESTATE. Dying Intestate means dying without a  Will  and can cause all sorts of problems, pain and extra hassle. The heartache from not knowing what the deceased wanted to happen Potential for family disputes about the estate distribution Applying for Probate will take longer Potential disputes over who is best to act as Executor Generally, pain and problems simply because they didn’t make even a standard Will cost around £125. I have two documents that I’m happy to share, just message me and I’ll forward them on Rules of Intestacy Flow Chart Guide to applying for Probate For more information or to arrange a FREE consultation contact Matthew Wildeman STEP Aff. MSWW T: 01202 0...

MW Estate Planning has opened a new branch of their successful Estate Planning business, covering the Weston & Worle areas. Justin Hennessey will be running the local office providing Wills, Powers of Attorney and Trusts to the community. Justin said, “I am looking forward to meeting new clients and building my business providing a cost-effective and ethical service”.   Justin is a member of the Society of Will Writers and is supported by Matthew Wildeman a STEP-qualified Will Writer. Matthew said,” With 65% of people not having Wills, it’s great to now be able to offer our services to the people of Weston & Worle”. For more information or to arrange a FREE consultation please get in touch with Justin on 01934 244 659 or justin.hennessey@mwestateplanning.co.uk or visit our website www.mwestateplanning.co.uk

  The  Mental Health (Discrimination) Act 2013  takes out the option to remove a company Director because of mental health problems. This effective makes mental health problems a protected characteristic under the S4 Equality Act 2004 so that the same rules apply for partnerships or even sole traders. 1 in 6 of us under 65 will take time off for mental health problems during our working lifetime. The term mental health covers a wide range of illnesses from long-term dementia to taking time off for stress-related illness and everything in between. So how would your company function without one of its key decision makers? It could have serious implications for your business. For example what if the bank finds out? They could call in any loans or overdrafts! If they think their money is jeopardized in any way they can ask for it back. Bear in mind that if your accountant or other professional, knows about a mental health problem, they have a professional duty of care to noti...

Important of  Power Attorney  A Power of Attorney nominates someone to act on your behalf should you lose mental capacity, as defined by the Mental Health Act 2005. Mental incapacity could be dementia or other mental health issues brought on by illness or even an accident. Importantly they are put in place BEFORE you lose capacity. Only if you are unable to make decisions for yourself does the Attorney(s) you chose to act on your behalf. Typically the Attorney is either a spouse or child. So why are they important to get set up now? There are a number of reasons I advise all my clients to have Lasting Power of Attorney (LPA) in place, not least peace of mind, but importantly because the alternative to an LPA is much more expensive and time-consuming . If you no longer have the capacity to make an LPA your spouse/ children have to apply to the Court of Protection for a Deputyship Order . This is a complex process with a number of potential pitfalls. It also costs signific...