As you are interested in finding out more about our services, the UK Care Guide would like to refer you to Co-op Estate Planning who can provide you with further information and the costs involved. For further information call our dedicated Estate Planning team on 0161 256 9042.
Making a Will
Making a Will is something that most of us would prefer to put off until another day. However, it is one of the most important things you can do. It gives peace of mind, knowing that your wishes are made clear about what you would like to happen after you die.
This is why one of the first things we look at when putting forward our recommendations, is making sure your Will is in order and that it covers everything you need it to.
Our range of Will services:
The most simple form of a Will, this allows you to choose Executors to deal with your Estate, Guardians for your children if under 18 and Beneficiaries of your Estate. It is usually used by someone who is single or not in a long term relationship.
These are two Wills, usually for married couples, unmarried partners and people in civil partnerships who want similar things. It includes all the features of a single Will.
These Wills can be used to protect assets for future generations. There are many different types of Trust Wills and we will discuss all the different types of plans and the options available to you and how they can play an important part in providing you with the control and protection you need.
Lasting Power of Attorney
Nobody wants to think about what will happen if they become unable to make decisions themselves through illness, an accident or old age. Having a Lasting Power of Attorney (LPA) can make your affairs far easier to manage if you become unable to do so. It will remove the burden from your family and significantly reduce the stress and cost to your family at a very difficult time.
As we continue to live longer, a large number of us will suffer from dementia and lose the capacity to look after ourselves.
There are two types of LPAs and we would always recommend that you consider having both in place
A Property and Financial Affairs LPA
This deals with your property and other assets. You can restrict it so it’s only used if you lose mental capacity or you can apply it more widely. For example if you’re unwell, starting to struggle with mobility or are going abroad. It lets you choose how you’d like your finances and assets to be managed.
A Health and Welfare LPA
This deals with your healthcare and treatment.
Unlike the Property and Financial Affairs LPA, it can only be used if you become unable to make decisions yourself. You can choose to give your Attorney the authority to decide on the treatment and type of care you receive.