Everyone should have a Will but it is even more important if you have children, you own property or have savings, investments, insurance policies or you own a business.
If you don’t have a will when you die, your money, property and possessions will be shared out according to the law instead of your wishes. This can mean they pass to someone you hadn’t intended – or that someone you want to pass things on to ends up with nothing.
Nobody hopes for the worst… but you can prepare for it.
A Will is a binding, legal document that sets out what happens to your money and possessions after you have passed away. Without professional guidance, much of your hard-earned money might end up in the wrong hands or be lost completely.more
If you were to lose mental capacity without an LPA in place, decisions surrounding your welfare, finances, and estate will be made by an individual appointed by the Court of Protection – leaving your family powerless to act on your behalf.more