Will Writing Nottingham – Services Wills 4 Finance Offer
Services We Offer
Please see below for the types of service we tend to offer:
Basic Single Will
Whether you want a Standard Will or something more Protective and Comprehensive I am happy to arrange home/office visits with day and time that is best for you at the same time offering you advice. All families are different, so are there needs, and a standard Will can sort out who gets what, and protects the children.
Same as a Standard Will, however you get two Wills, with each of your own wishes if the worst happens to one of you.
A trust is a document that greatly expands your options when it comes to managing your assets, whether you’re trying to shield your wealth from taxes or pass it on to your children & grandchildren. And far from being the preserve of the rich elite, trusts are increasingly used by families from a range of economic backgrounds. Think about your own assets, house prices, pension pots, insurance policies, stock shares, etc.
LPA. Last power of Attorney
An (LPA) is a legal document that lets you (the ‘donor’) appoint one or more people (known as ‘attorneys’) to help you make decisions or to make decisions on your behalf. This gives you more control over what happens to you if you have an accident or an illness and cannot make your own decisions (you ‘lack mental capacity’).
Advance Decision/Living Will
When you are ill you can usually discuss treatment options with your Doctor and then jointly reach a decision about your future care. However, you may be admitted to hospital after an accident or illness, then being unconscious or become unable on a temporary or permanent basis to make your own decision. This document explains to your GP, doctors & family, how you want to be treated or not. Should your condition become progressive and terminal, and not wish to have medical intervention to prolong your life.
The role of a guardian is a very important one if you have children. Should you die & without making a Will, or if you do not appoint guardians in your Will, your children could be placed in care until the court appoints official guardians to look after them. A misconception is they go to your family automatically, not so.
The loss of a friend or loved one can be a very stressful time with many people needing to be notified in the first few days. Settling any household bills, inland revenue, and others. This you can do yourself, but it can be very complicated & time consuming. Our specialist Probate Team is on hand should you need guidance.
A funeral plan is essentially a promise to deliver a funeral at a date in the future. In recent years funeral costs have risen faster than inflation, which means purchasing a funeral plan allows you to fix the cost of the services in your chosen plan at today’s prices. Funeral plans also allow you to make special requests and wishes for the funeral, such as music or readings, to ensure your loved ones arrange the funeral that you want, when the time comes.
Storage of Documents
Storing your Will ensures that it can’t become lost, damaged or destroyed by a disgruntled family member (yes it happens) Storing the Will & all your other important documents, ie Life assurance policy, share certificates, property deeds etc. also means that only your nominated executors have access to this when the time comes.
Should you be unfortunate to have a disable dependent, be it child or adult, it is so important, to consider a special Trust. Them receiving property /money on your death, and they maybe, unable to control or deal with it, is not the best plan. This is a specialist field which I am happy to discuss.
Business Assets Plan
Without appropriate business succession strategies…
- Your spouse/partner and children may not inherit your share of the business.
- Business partners may not be able to buy the deceased’s share
- The surviving spouse or children may be obliged to take over the running of the business.
- The value of the business could depreciate owing to the inexperience of any beneficiary.
- The business may have to be sold and the proceeds become liable to IHT.
Call us to have an informal discussion.
The Next Step...
The process is simple, we first have a telephone conversation as to your requirements, we then arrange a time & date for us to meet. At this meeting I shall show you the options, recommendations, cost, and take your instructions. After I have sent you the draft, for your approval, via post or email, and all is correct the final will shall be printed.