Lasting powers of attorney (LPAs) and Deputyship Orders share some similarities, giving people the legal authority to act on your behalf when you lose mental capacity. However, plenty of key differences between the two are essential to understand. This blog will explore these two legal tools, how each can be used, and how you can […]
LPAs vs Deputyship Orders – What’s the Difference? Read More »
Wills and trusts are often considered separate, but have you ever heard of a Will trust? Will trusts can be a valuable tool for estate planning, protecting assets, and ensuring they are distributed according to the settlor’s wishes. However, they can be complex, and it’s important to understand how they work and the benefits for
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When establishing your lasting power of attorney (LPA), you’ll be confronted with the question: who do you want your attorney to be? This is a big decision, as your attorney can act for you and make decisions on your behalf. This guide will walk you through the responsibilities of an attorney and help you understand
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When someone passes away without leaving a valid Will behind, their estate must be distributed according to the rules of intestacy. These rules can be complex; however, they are vital to understand so you can ensure your assets are distributed in line with your wishes and values. In this guide, we’ll explore the rules of
Everything You Need To Know About the Rules of Intestacy Read More »
Lasting powers of attorney (LPAs) enable you to grant your chosen attorneys the ability to act on your behalf. However, do you really need one? Read on to see just how an LPA could benefit you! What Are Lasting Powers of Attorney? LPAs allow people you select to make decisions on your behalf while you
Thinking about your death is never pleasant, but it is essential if you want to take care of your loved ones. With a good plan drawn up by legal professionals, you could avoid losing assets and prevent your loved ones from missing out on the gifts you want them to receive. Estate Planning Essentials Estate
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You may have heard that once a Will has been created and the testator has passed away, it can still be changed by other parties who want to change how assets are being distributed. However, there are several myths around this topic that make it unclear. Can a Will really be changed after someone has
How Can You Change a Will After Someone Has Passed Away? Read More »
Lasting powers of attorney (LPAs) are often overlooked in the estate planning process. Some think they are unnecessary; however, there are several reasons why they are vital and why you should look to include them as part of your estate plan. What Is an LPA? Lasting powers of attorney allow you, the donor, to choose
Why Are Lasting Powers of Attorney Important? Read More »
Estate planning can be more than a little complicated! Whether you are reviewing your plan or creating one from scratch, avoid these common estate planning mistakes and make the process as smooth as possible. Not Making a Plan Possibly the most common mistake in estate planning is not having a plan at all! Many people
Estate Planning Mistakes and How to Avoid Them Read More »
Setting up a Lasting Power of Attorney (LPA) is something that many people don’t consider during later life planning. However, it is an essential document to have in place, even if you are in good health. Why Establish an LPA? Mental capacity is defined as the ability to make and communicate decisions while understanding what
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