WILLS & ESTATE PLANNING
I am pleased to advise that we have now become Associates of with APS Legal and Associates and the Institute of Professional Will Writers to offer Will Writing and Estate planning, which includes Lasting Power of Attorney and various Trusts.
The services that we offer provides a convenient and cost-effective alternative to that offered by solicitors and banks and enables us to review your overall financial situation, not just from a legal point of view but holistically to ensure all of your provisions are meeting your needs.
A summary of the common areas that most clients ask for are below.
WILLS
It is important for everyone to have a professionally drafted Will, one that you can be certain will be legally valid when you die.
No matter how simple your affairs may seem or whatever age you are, a Will ensures that your wishes are set out clearly so that on your death your assets will go to the people you want them to go to. If you have young children, you can also appoint Guardians in your Will to look after them should you die before they reach 18.
Although a standard Will might meet the needs of a small number of people, most would benefit from the more specialist advice and planning. This is because most people are not aware of the threats by Government and Local Authorities, or even certain family situations, to the assets that they have worked so hard to gain and which standard Wills may not protect against.
There are several Trusts that can be used either in your Will or set up during your lifetime to protect those assets. We can discuss these during your appointment or contact us for more information
LASTING POWERS OF ATTORNEY
These are documents that enable you to give legal authority to a person or persons who you trust, called Attorneys, to manage your affairs for you or make decisions on your behalf, when you are not able to do so yourself, for example following an accident, stroke or the onset of dementia.
There are two kinds of Lasting Powers of Attorney (LPA), one that deals with your Property & Financial Affairs and one that deals with your Health and Welfare.
The former would enable your Attorneys to do things like draw your pension or pay your bills or sell your property on your behalf. The latter would enable your Attorneys to make decisions related to your health and personal welfare, for example what sort of care you receive, but this type of LPA can only be used once you lose mental capacity.
Both types of LPA must be registered by the Office of the Public Guardian before they can be used by your Attorneys.
Estate planning and the provision of Wills are not regulated by the Financial Conduct Authority.
On behalf of APS Legal & Associates Ltd, Head office: Worksop Turbine Innovation Centre, Shireoaks Triangle Business Park, Coach Close, Worksop, Nottinghamshire, S81 8AP.
APS Legal & Associates is a member of the Institute of Professional Willwriters.
APS Legal & Associates complies with the Trading Standards Institute Approved IPW Code of Practice
Innovation Centre Highfield Dr, St Leonards, Hastings TN38 9UH
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