MW Estate Planning

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...

Estate and will planning The purpose of estate and will planning is to make sure that your wishes are carried out. Unlike a trust, a will is a public document. This means that it is just like publishing your wishes in the newspaper. Many famous people have left their wills online, and countless others have deposited their wills in their local courthouse. Therefore, it is vital to create a will in order to ensure that your wishes are followed.  What are Wills? Wills are legal documents that specify who should receive your possessions after your death. They also allow you to name guardians for minor children. You can also designate a person to act as your executor or court-appointed administrator if you have no prior experience. Both are important and should be done by an experienced estate and will planning attorney. In addition to writing your Will, you can hire an estate and will planning solicitor to oversee the process.  Estate and will planning are not just for the rich...

 A Will Writer in Bournemouth is qualified and experienced. They can help you secure your family's future and advise you on family Trusts and Powers of Attorney. In addition to writing a Will, a Bournemouth Will Writer can help you create a trust for your children's education and future. You can also find other professionals who are qualified and experienced, such as solicitors. A professional Will Writer will provide you with peace of mind and a quality service.  What is Will? A will  is a legal document that specifies who should inherit your property. It should name a trustee or executor to carry out your wishes. You can also name someone to manage your estate.  A Bournemouth will writing solicitor can offer advice and assist you with any legal issues. You should also consider whether your insurance policy covers legal advice. However, you should always seek legal counsel before making a will. If you have a family member or friend who is unsure about their intent...

Lasting Power Of Attorney is an important legal tool that enables you to appoint someone to make any decisions for you if you cannot make them on your own (lack of capacity). It is very useful, particularly in a case where a person you trust has been in an accident and cannot communicate properly or act competently. For example, if your loved one has been injured seriously and needs expensive medical treatment to get well, the last thing you would want to do is appoint somebody to look after their welfare. It is possible to appoint somebody with suitable skills and experience to take over such responsibilities. But before appointing a Power Of Attorney London attorney, there are certain points of concern which you must be aware of.                                            Select an experienced power of attorney London lawyer. It would help if you had somebody who willSelect a...

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 .