Have a look at our informative legal guides to help you feel prepared.
Congratulations are in order! As new parent, your thoughts are already on providing a safe future for your baby – from family home to the world they grow up in.
And that’s why making a will now is really important.
Drafting a will
Inheritance tax is a tax on your estate that’s paid before your loved ones can inherit. With proper estate planning, you can use your will to avoid or reduce the amount due.
It’s ok to worry about getting a Power of Attorney. But, with different Power of Attorney options open to you, the chances are, that nagging doubt that’s keeping you awake at night isn’t a problem at all.
Power of Attorney
We all know we need to make a will at some point, but many of us underestimate just how important it is, and what a difference it could make to our families.
We can all agree that writing a will isn’t at the top of the list of fun things to do. In fact, the idea of sitting down to create one can be nothing short of morbid. Perhaps that is maybe why more than 60% of the UK adult population reportedly do not have a will in place.
Choosing a witness is an important step for making a valid will. We’ll guide you through what you need to know about will witnesses. Explore why you need one, how many you need, and who can witness a will.
A Power of Attorney is about keeping you in control when you’re not able to manage your affairs. Whether you’re going out of the country or getting married, there are times when you need to get Power of Attorney.
There’s no wrong time to start making your will. If you’re over 18 and want to make sure your money and assets go to the right people, there’s little stopping you writing a will. It’s a case of the sooner, the better.
Writing a will is very important, but the responsibility doesn't end there – you also need to make sure it’s kept up to date.
Power of Attorney and a Deputyship Order are both governed by the Court of Protection, but in the eyes of the law they’re very different. Deciding which is needed is important.
Court of protection deputyship Power of Attorney