Can I use my Will to protect my share of my home? - Part #2
Explore the risk of 'sideways disinheritance' in this article by Gary Tonsley of Westwood Estate Planning.
Using a unique analogy with Elsa's castle, Gary illustrates how your home might unintentionally pass outside your family, leaving your children without their intended inheritance. Understand this crucial pitfall and discover why protecting your share of your home with a Will is vital.
Stay tuned for solutions in the next installment.
Can I use my Will to protect my share of my home? - Part #1
Discover how your Will can safeguard your share of your home, ensuring it passes to your loved ones or chosen causes, even if life takes unexpected turns.
This article from Gary Tonsley of Westwood Estate Planning highlights the importance of proper planning to protect your legacy and provide peace of mind for your family. Learn why a well-crafted Will is essential for securing your home's future.
How do I protect my assets using my Will?
Discover how your Will can protect your valuable assets, from your home to your vinyl collection, ensuring they go to your chosen loved ones in the right way. Gary Tonsley of Westwood Estate Planning explains the power of Trusts as "estate planning bodyguards" to safeguard your wishes and provide peace of mind. Learn why asset protection is crucial for your legacy.
Lasting Powers of Attorney Explained
Have you ever wondered who would make decisions for you if you couldn't? Many believe their loved ones automatically have that right, but legally, it's not the case.
Discover Lasting Powers of Attorney (LPAs), your essential safety net for life's unexpected turns. Learn how these crucial documents empower you to choose trusted individuals to manage your health and finances, ensuring your wishes are always respected. It's about taking control of your future, no matter your age.
Making a Will
Curious about making a Will? It's simpler than you think and all about taking control of your future.
Discover the two essential decisions: choosing your "A-Team" (executors) to carry out your wishes, and "Sharing your Treasure" (beneficiaries) to decide who inherits your belongings.
Plus, learn about key considerations like appointing guardians for children, using trusts to shield your legacy, and even ensuring your beloved pets are cared for. Start building a secure future for your loved ones today.
The Top 4 Reasons Why You (Probably) Don't Have a Will
Ever wondered why you keep putting off making a Will? It's a common dilemma. Discover the top four reasons people avoid this crucial step, from thinking they're too young or don't have enough assets, to fears about cost, complexity, or even discussing death.
Learn why addressing these misconceptions can bring immense peace of mind and protect your loved ones from future financial and emotional burdens.
An Introduction to Estate Planning and Your Questions Answered
Think estate planning is just for the wealthy? Think again! This essential guide demystifies Will writing and Estate Planning, explaining why it's crucial for everyone in today's complex world. Learn how it acts as a "sat nav" for your loved ones, covering everything from Wills to Lasting Powers of Attorney, ensuring your wishes are clear and providing ultimate peace of mind. Got questions? Gary invites you to ask them for a video response!
Why should you make lasting powers of attorney
Many of us will need help managing our affairs as we age. A Lasting Power of Attorney (LPA) lets you choose trusted family or friends to make decisions about your finances, health, and welfare if you can't. Without one, bank accounts can be frozen, insurance claims become difficult, and strangers might make crucial decisions. Learn why proactive LPA planning is essential to avoid a lengthy, expensive Court of Protection process and ensure your wishes are honoured.