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...

Will write up a will save you money? It will, if you use a qualified and professional service. Professional services are available for both individuals and businesses. In addition, you can use a will writing service provided by a lawyer or other licensed professional.                                               Will write up a will save you money: online You can pay a fee and have the will drafted by your selected solicitor, then have it completed and submitted to the court by mail. Other reputable firms also offer online will writing service by post. If you opted for a face-to Face service, the will writer will normally make an appointment to visit you in your home. Will write up a will adequately provide for your beneficiaries? It is advisable to seek legal advice from established solicitors. The majority of solicitors will be familiar with the proper procedures to fol...

 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) your chose act on your behalf. Typically the Attorney is either a spouse or child. 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 significantly more and can take 28 weeks to put in place. Read more about  estate and will...

Will writing services : Making a Will is the only way to ensure that your wishes are carried out after your death. If you have not made a valid Will, your property will pass according to the Law of Intestacy. This may not be what you would have wished. In any event, it is likely to take longer to finalize than if you had made a Will. Some reasons for making a Will: 1. Your Peace of Mind 2. Make your wishes known 3. Guardians for your children 4. Providing for your children 5. So you don’t end up paying 40% Inheritance Tax 6. Without one your spouse may not get it all 7. Reduce the headache for your family A Will brings security, reassurance, and above all peace of mind – not just for you, but for all those who depend on you, either now or in the future. More on Trusts service . Read more about the case study, by clicking here .

  Estate and will planning  Read more about  will writing services  Bournemouth