Whilst simple wills can be effective in stating who gets what on death, they don’t offer much protection for family, friends or businesses. Common protections that we are asked about for are:
Looking after money for a child until they reach a certain age
Looking after money for someone until they are responsible enough to receive it / in a better financial position
Keeping money on behalf of someone who is not able to manage their own money due to disability, dependency, illness etc
Keeping money for the family and protecting it from being spent on care in later life
Avoiding money being used in a child’s divorce settlement
Ensuring business continuity after death
All these concerns can be addressed within your Will, but it is important that you get the protection correct. It is important to get advice about how to do this in the best way and the consequences of putting in place such protection.
All our Will appointments include advice from our experts about the most suitable type of Will for your circumstances and desires. If something less complex is required, our solicitors will let you know and advise accordingly. You can find out more about Standard Wills here.
Our highly-skilled and supportive team of professionals can advise on all aspects of probate, wealth protection, wills, Lasting Powers of Attorneys, Court of Protection and trusts. This includes probate administration, deputyships, loss of capacity (health and finances), advising beneficiaries, executors and trustees as well as IHT implications of estates and wealth transfer or protection.
We can help individuals and business owners to protect and maximise their wealth and wellbeing interests and those of their loved ones. You will find us welcoming, caring, sensitive and knowledgeable.
