People put off making a Will for a variety of reasons but the reality is that putting it off until it is too late can cause lots of problems for those left behind. Without a Will
- You cannot be sure that those you would wish to benefit will actually do so.
- Your spouse or partner may not automatically inherit all of your estate .
- ‘Common Law’ partners will not receive anything .
- Children will be taken into the State care system until Guardians are appointed .
- There could be lengthy delays and disputes for your beneficiaries to deal with
The simple fact is that everyone needs to have a Will and we will be happy to arrange this for you.
Our advisers may recommend the use of Trusts as part of a financial planning exercise to protect your assets in the future from taxation, care fees, bloodline issues such as divorce. Trusts can be set up during lifetime or on death as part of a Will and may be used in conjunction with other financial products or investments to achieve an objective.
Just as important as making a Will is the setting up of a Lasting Power of Attorney. There are two types of Lasting Power of Attorney: ‘Health & Welfare’ and ‘Property and Finance’ that enable you to appoint one or more people to act on your behalf should you lose mental capacity. Not having these in place will leave you family having to apply to the Court of Protection to deal with your affairs, which can be costly and take several months to sort out.
Our advisers can provide help and advice on many other legal matters including General Powers of Attorney, Advanced Directives, Pre-Nuptial Agreements, Business Succession and Probate; and are all accredited by the Institute of Professional Willwriters.
Cestrian Life & Pensions Limited is an appointed representative of LJ Financial Planning Limited, who are authorised and regulated by the Financial Conduct Authority (FCA), 12 Endeavour Square, Stratford, London, E20 1JN. Our firm reference number is 507741, LJ Financial Planning reference number is 429142.