Will Writing Solutions
in Soho
We bring together outstanding tailored service and the newest and most effective technology to provide all of our clients in Soho with a high quality service.
- Wills
- Probate Services
- Lasting Power Of Attorney
- Truts
- Funeral Plans
- Estate Planning
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Will Writing Solutions in Soho
At Will Writing Solutions we bring together outstanding tailored service and the newest and most effective technology to provide all of our clients in Soho with a high quality service and up to date professional advice. We are committed to 100% honesty, transparency, professionalism and ethical conduct in all of our dealings with all of our clients, every time.
Our expert will writers have more than 20 years’ professional experience in the financial, accountancy and legal fields, so are ideally positioned to assist clients with ensuring their affairs are in order. We can consult and advise on matters including wills, will trust, lifetime trust, and power of attorney, amongst other things.
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Wills in Soho
It has been found that over 60% of people in the UK do not have a will in place – this might be because they believe they are too young to need a will, that the process is too expensive, or that their assets are not sufficient to require a will. However, without a will, you will die ‘intestate’. Neglecting to have a will runs the risk of making what will undoubtedly be an upsetting and difficult time for your loved ones, even harder, should the unexpected happen. Writing a will gives your family clarity regarding your wishes – you may want certain items to be left to particular individuals, or you might have certain requests regarding your funeral arrangements. This is not to mention the advantages wills provide in regard to tax planning, and ensuring your assets are safeguarded for future generations in the case that you required expensive care, for instance in a nursing home.
Our expert will writers in Soho have many years’ professional experiencing writing wills, and can offer tax planning advice where needed – you can rest assured that a will produced by Will Writing Solutions will be accurate, and legally binding.
Lasting Power Of Attorney in Soho
Have you ever considered what would happen if you lost the mental capacity, perhaps through injury, illness, or accident, to make informed decisions about matters relating to your personal welfare, finances and property?
A Lasting Power of Attorney (LPA) enables you to appoint one or more ‘Attorneys’, who should be people you trust, giving them the ability to make important decisions on your behalf, should you find yourself in a situation where you are unable to do so yourself. If you don’t have LPA in place, and this situation were to occur, it could be very difficult for your loved ones to manage your affairs, and you may be unable to communicate your wishes to them. In some cases, they may need to apply for a deputyship order from the Court of Protection – this is typically a very expensive and time-consuming process. You can avoid this by setting up a Lasting Power of Attorney, which involves:
Trusts in Soho
One of our services is a Home Protection Plan. You may not ever have considered the costs of long-term care; or, you might have some experience or knowledge of an individual being forced to sell their home to pay for the costs of their care. Whilst it is an unpleasant situation to think about, particularly for those who are currently healthy, it is important to think ahead and perhaps take action, as the implications and costs of long-term care are significant:
Typically, a third of women and a quarter of men will require some kind of care. For couples, statistically, there is more than a 50% likelihood that at least one party will require care. These numbers are likely to rise, due to the ageing population.
Probate Services in Soho
When a loved one dies, the Executors assigned by their Will have to deal with the estate. If a Will was not written, the law decides who may submit be a Court-appointed Administrator of that person’s estate. Executors and Administrators are called Personal Representatives.
The Personal Representatives have the responsibility for c ompleting any appropriate HMRC paperwork; as well as any applications for the Grant of Probate; and the assessment and collection of the assets of the estate; paying any liabilities; and handing out the remainder as stated in the Will or, if no Will, the Rules of Intestacy.
Funeral Plans in Soho
Though not a subject many of us enjoy thinking about, the costs of a funeral will need to be considered for when it does happen. Researchers say that funeral costs have increased above the inflation levels, and this is likely to continue to happen in the future.
If you’re worried about how your family might pay for funeral costs, you are able to prepare for that now, at today’s prices. Prepaid funeral plans are contracted with you and a nominated funeral director, which you are able to pay for now, or if you’d prefer to in instalments.
Estate Planning in Soho
This is the anticipation and the arrangement for the managing and disposal of your assets through your life and after you die, whilst ensure the minimisation of tax.
Estate planning also includes preparation for incapacity so that a person you trust can deal with your personal affairs if you reach a point in life where you are no longer able act on your own behalf.
Other sectors of Estate Planning are the reduction or elimination of any uncertainties surrounding the administrating of your estate upon death and also the maximisation of the valuation of the estate via a reduction in taxes and other incurred costs.