One Consultancy Solutions
Wills, Trusts and LPAs
Wills, Trusts & LPAs
Writing a Will is a crucial part of ensuring your Estate passes how you want it to, keeping crucial decisions out of the hands of government appointed officials.
At One Consultancy Solutions, our panel of Consultants, including our Group Head of Private Client Tim Crook, believes that effective estate planning should not be intimidating. As we experience life changes and our responsibilities evolve, estate planning grows in importance. Whether it’s buying property, getting married, having children, or aging, the need to plan our estates becomes more relevant.
As we age, establishing a will or lasting power of attorney (LPA) becomes essential, though LPAs are important for everyone regardless of age. Without an LPA, a sudden change in health or a serious accident can leave you or your loved ones struggling to manage financial matters or healthcare decisions. This is where an LPA plays a crucial role, helping you choose your own attorney and avoiding the expense and uncertainty of proceeding through a specialist court.
When it comes to wills, dying without one means your estate is subject to the rules of intestacy, which can cause stress and potential family rifts due to the rigid rules governing family circumstances. A will allows you to appoint guardians for your children and specify your wishes for the distribution of your assets. Writing a will with the assistance of a solicitor ensures that legal jargon is explained and that the will aligns with your needs.
Additionally, our team can guide you through setting up trusts, such as a property protection trust, to safeguard your assets and ensure the inheritance of your loved ones. Our goal is to emphasise that estate planning, rather than being daunting, is a vital part of securing your and your loved ones’ future, regardless of what may happen.
Looking to make plans for your Personal Estate?
See Personal Estate Planning
or Estate Planning for Property Investors
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