Everyone needs a Will and Lasting power of attorney, but most people put it off or believe it is not relevant to them.
“I don’t have much, so I don’t need a Will”, and “I’m too young for a Will” is this something you have thought about?
If anything happens to you and your partner, if you have one, then who will look after your children? Even if you don’t have much money to leave, it is still essential to appoint guardians for your children and even a small amount of money or a sentimental gift can be worth a lot to the recipient.
Also of importance is that the law does not benefit everyone on intestacy (intestacy laws apply if you die without a valid Will). Unmarried couples should be careful to make a Will to ensure their partner is provided for. You might be surprised to learn that stepchildren don’t automatically inherit either, so you need to create a will if you want to leave a gift to a stepchild.
Another common misconception is that only sick or older people need a Lasting power of attorney (LPA). LPAs need to be made while you still have capacity. We all hope things will go well, but if something happens and you have no LPA, your loved ones may have to apply to the Court of Protection to be appointed as your Deputy. This can be a very long, complex, and expensive process. Everyone needs to have an LPA, but special consideration needs to be given to unmarried couples and same-sex couples.
We all need to start thinking differently about how we manage our afairs with so much being online. We can help you with a modern approach.
Did you know that both Google and Facebook accounts have digital legacy options allowing you to plan what happens to your accounts if something happens to you? If you didn’t, then it is worth a quick check to see what your options are, as it helps out your loved ones and gives you a say about what happens to your account and data.
We have a passion for technology, and we recognise that we live in an increasingly paperless society, and much of our lives are now managed through online accounts. We all have digital assets from financial to sentimental, that we may want to pass on but it can be hard to remember where everything is. This is why we offer our digital estate planner, which gives you a place to securely store information about your digital accounts and important digital documents in one place and ready at your fingertips should you or an authorised person need it.
Buy an online Will or Lasting Power of attorney with us today or contact us for initial advice. In person service is available for Lincolnshire or South Yorkshire.
We have an exclusive offer for Mumbler readers to get 10% off any Will, mirror Wills or LPA with code mumbler10.
Visit our website testamentarywills.com
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