Make a will solicitor Hertford
Making a Will
Some people find it difficult to get round to making a Will but it can be less painless than one might think.
In the unlikely event that something might happen to us sooner than we think it does give piece of mind to everyone involved to know that our affairs are taken care of.
Not Complicated
A Will doesn’t have to be complicated and can be drafted in way that it deals with your assets as a whole so that it doesn’t continually have to be updated.
If you have children it is especially important to have provision in place including Guardians in the event that your partner is also killed in the same accident – all very unlikely but possible nevertheless.
You might also wish to consider appointing Judkins as co-executors so that we may help the executor at this most difficult time to obtain a Grant and undertake all the other administrative matters that have to be dealt with including the return to HMRC (for IHT purposes) and making sure all the IHT exemptions and reliefs are claimed
We can also attend you at your home and/or nursing home if required.
Power of Attorney
When making your will it often also a good idea at the same time to consider making a Power of Attorney. This is an important process whereby one person ( Donor) by way of a legal document gives power to another ( Donee) to administer their financial affairs and property in the event that they later become incapacitated.
This can also include personal welfare matters/decisions as well in which the Donor gives directions and/or restrictions to the attorney on how they want health issues / life sustaining treatment dealt with ion the event they become incapacitated & unable to make decisions themselves.
You can have more than one Attorney and can direct that they can act either on their own or only in unison.
Once completed the Lasting Power of Attorney is registered with the Office of the Public Guardian who keep a record of registrations so that if it later happens you become mentality incapacitated the POA can be immediately used and the Attorneys can act in your best interests to manage your affairs.
A Power of Attorney is becoming increasingly more common now days as it is an important safeguard that can be put in place and for that reason it is often most sensible to consider when you are making or reviewing your Will.
It is worth noting that if a Power of Attorney has not been entered into and it later becomes the position that you lose your mental capacity it is not then possible to enter into a Power of Attorney and instead a Deputyship order has to be applied for.
In this situation usually immediate friends/family of the person who has lost capacity apply to the Court of Protection for a Deputy to be appointed. This is a much more expensive and time consuming route to have to take.
Make a will solicitor Hertford and Hertfordshire – Judkins Solicitors