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.
Why you should appoint a guardian
Tragically, a child loses a parent every 30 minutes in the UK. A Will ensures you decide who cares for your children, avoiding court intervention. Learn crucial questions to ask when choosing a guardian, from their parenting style to their ability to provide a loving home. Understand how your estate, held in a children's trust, supports them, and why safeguarding your children's future is paramount.
The role of an Executor in a Will
Being named an Executor in a Will is a significant responsibility, involving the legal administration of a deceased person's estate.
This role includes obtaining death certificates, arranging funerals, filing the Will with the Probate Court, managing and distributing assets, notifying beneficiaries, settling debts and taxes, and paying ongoing expenses. Learn the crucial steps involved in honouring a loved one's final wishes and ensuring their estate is handled correctly.