Legacy Planning Services
Lasting Power of Attorney
A lasting power of attorney (LPA) is a legal document that gives a named person (or persons) the power to make decisions on your behalf if you are no longer able to make decisions for yourself. Hopefully it will never be needed, but it is a great way of giving yourself peace of mind and assurances about your future
Put simply a Trust is like a giant shoebox - and whatever assets you put in including your home are protected from the likes of HMRC, Local Authorities and Creditors.
They are no longer for Rich and Famous or the laned gentry and can be a useful way from protecting your home from Long Term Care fess.
Probate may sound like a complex series of tasks to the uninitiated. In simple terms probate is the process of sorting out someone's estate; managing distribution of their property, money, possessions after they died, as per their will. This may be on behalf of a family member, a close friend, or someone you have cared for in old age or illness
According to the UK government the definition of inheritance tax is "a tax on the estate (the property, money and possessions) of someone who' has died". It can often be a large sum of money, depending on the size of the estate and can be something that people want to avoid if they can.