There are a number of ways in which your home, savings and business are vulnerable to attack but, with a few simple strategies in place, your wealth can be protected! Irrespective of your age, or the value of your estate, making a Will and putting your affairs in order is one of the most important tasks that you are likely to undertake. Let me help you ensure that you have the most appropriate and up to date planning in place, which accurately reflects your circumstances. This can also include drafting Lasting Powers of Attorney if, as a result of an accident or disability, you are unable to deal with your affairs, for example due to the onset of dementia in later life or as a result of a brain injury.
•If your children are involved in a divorce or separation, your existing planning may not be able to protect the inheritance they received.
•If your partner or children are in debt or face bankruptcy, the inheritance you left them may vanish.
•If you leave money to someone who has special needs, their entitlement to benefits could be lost.
•How do you protect your share of a business and what’s the most tax efficient way of leaving it to your family or business partners?
The correct Trusts can provide the protection and control of a multitude of assets from those risks noted above. This protection can extend from the family home, to investment products and Family Businesses.
Lasting Power of Attorney
A Will instructs your executors with regard to your wishes in the event of your death, but the fact is that many of us will suffer a serious accident, stroke or disease, which means that we may be either temporarily or permanently incapacitated.
What would happen to your family or business if you weren't mentally able to direct your affairs? Would they have the information they need to access the money required to pay medical bills, wages, debts, on-going living costs?
Would they know your wishes when it comes to life-sustaining treatment?
Barnet Wills can draw up Lasting Powers of Attorney on your behalf to ensure that your wishes will be known and carried out in case of an accident or illness that left you unable to make those decisions for yourself.
If you’ve made a Will you probably believe it’s enough. IT’S NOT
Don’t take that risk!!!!
During my 25 years in business, dealing with both corporate and private clients, I have truly learned what it means to take care of clients, as well as looking out for their best interests. You are my number one priority and I am committed to providing the best possible service to help you safeguard your wealth, for your children, grandchildren or chosen beneficiaries after you are gone.
*Please note - this is a will writer, not a solicitor