A Will made for one individual is an essential part of estate planning services, as it specifies how their estate will be distributed after death. A basic Will includes such directions as guardianship, gifting, funeral wishes and distribution of the estate.
Two separate Wills, often created as part of comprehensive estate planning services for couples, as above but usually used to reflect each other’s wishes while remaining legally independent.
Confirms that your Will is written clearly and accurately reflects your wishes, which is essential in our estate planning services to help reduce the risk of misunderstanding or dispute.
A trust established through estate planning services, allows trustees to have discretion over how and when beneficiaries receive assets, providing flexibility and protection. Please get in touch for more information on benefits and security this provides.
An arrangement within estate planning services that establishes a trust which allows a named person to reside in a property for a specified duration or for life, without actually owning it.
A trust is a key component of estate planning services, designed to protect business assets and ensure smooth succession or continuity following death or incapacity.
A Discretionary Trust includes the Memorandum of Wishes within the price, making it a valuable option in our estate planning services. Additionally, the Discretionary Trust can incorporate the Nil Rate Band and Residential Nil Rate Band at no extra cost, which is a key consideration in our wills and trusts pricing.
Legal documents, such as Lasting Powers of Attorney, enable someone you trust to make decisions on your behalf if you are unable to do so. These are essential components of estate planning services, alongside wills and trusts pricing, ensuring your wishes are honored.
Estate planning services, such as Lasting Powers of Attorney, allow your chosen attorney to make decisions about your health, care, and medical treatment if you lose mental capacity, ensuring your wishes are respected.
With estate planning services, you can appoint your chosen attorney to manage your finances, property, and financial affairs if you are mentally unable to make this decisions for yousrelf.
Once submitted, Lasting Powers of Attorney are registered by the Office of the Public Guardian and typically take several weeks to several months to process. The current registration fee is £92 per document, though fee exemptions or reductions may be available for individuals on certain benefits or low incomes. For those considering estate planning services, it’s important to note that this fee is separate from wills and trusts pricing.