...there's a way! In this case, a way to ensure that your assets are divided the way you want them to be. This week, Guest Blogger, Dani King of Wellingborough Wills explains why you need to write a Will and what to consider.
What is a Will and why you should have one!
What is a Will?
Essentially, a Will is your chance to say what you want to happen to your assets when you die.
Many people still think that writing a Will is something that you only really need to think about if you are…
…when in reality, there are many reasons to need a Will.
Age, wealth and health are all valuable reasons, but it is generally your personal circumstances that are the most important factors to consider.
Changes in your life can determine when it’s the right time for you to write your Will, or perhaps review and update it if you already have one in place. Some of these life events include:
Perhaps you have heard the term Lasting Powers of Attorney, or LPA, but are unsure what they actually are. Maybe your older relatives have asked you to act as an attorney for them, but you’re not certain what the role entails. Here we will cover what LPAs are, what they are used for and how you can make one.
What are LPAs?
An LPA is a legal document that nominates someone that you know and trust to look after your...