Accommodate loved ones, financially, when you’re gone Appoint guardians Minimise conflict It is not difficult to understand or appreciate why Estate Planning is so important to most of us. After all you are dealing with your total estate, which over your lifetime you have worked hard to accumulate. You are also dealing with the …
Pre-Paid Funeral Plan Costs
Funeral costs are the first thing to come out of your estate after you die, and can significantly reduce the amount you leave. Their organisation may also place undue pressure on those left behind. PRICE: The average cost of a funeral today is £5,000-£6,000. But critically the average annual growth in the cost of a …
LEGISLATION ALLOWING VIDEO WITNESSING OF WILLS EXPECTED TO BE ANNOUNCED
Remote will instruction taking continues to be fully valid The Ministry of Justice has indicated intent to legalise of ‘video’ witnessing for a limited period The Ministry of Justice suggests this change in law will be retroactive covering wills made in 2021 Video witnessing of wills expected – Most people would like to think …
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PROPERTY AND FINANCE LASTING POWER OF ATTORNEY
Allow loved ones to manage your affairs should you lose mental capacity. Can be used before you lose mental capacity, perhaps if you are physically disabled. The powers given to attorneys can be wide ranging or narrow. The benefit of having a Property and Finance Lasting Power of Attorney in place is never truly …
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WHAT ARE THE FOUR TYPES OF POWER OF ATTORNEY?
Ordinary or General Power of Attorney. A short form document that can only be used while the donor still has mental capacity. Health and Welfare Lasting Power of Attorney. For use, after mental capacity is lost, a document that enables trusted parties to make decisions for others on matters such as life sustaining treatments. …
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Funeral Plan Checklist
Organising a funeral has been compared to organising a wedding in its complexity; Decisions must be made in a short time frame at a time of bereavement The process can be overwhelming, planning in advance is a good idea Funerals present a unique challenge at a difficult time. With average costs now rising …
WHY HAVE A PRIVATE FUNERAL?
A PRIVATE FUNERAL is when a small gathering of immediate family and close friends, attend by invitation only. Although most celebrities usually have private funerals, the average services are open to the public. There are good and understandable reasons for choosing a private funeral. First and foremost, of course is it’s private. Some people …
WHY HAVE A FUNERAL SERVICE?
Humans have held some form of funeral service for those they have loved and lost throughout time it would seem. Grief comes naturally and is very painful to suffer and a funeral service is an opportunity to express and share that grief with friends and family. A religious service is an opportunity to pray …
How do I prove I have power of attorney?
Managing your property and financial affairs is a bit challenging if you become mentally incapacitated, but you can continue with your life as normal if you have a power of attorney. A power of attorney is a legal document that allows an individual to appoint another person to make his or her legal and healthcare …
Why are Lasting Powers of Attorney Important?
They let you appoint those you trust to make critical decisions for you, should you lose the capacity to do so. There is no ‘next of kin’, recognised in UK law. 33% of those over 65 will get dementia. One person will suffer a head injury or stroke each minute in the UK. The cost …
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