FAQ
The Answers You Need
WHY WRITE A WILL?
A Will is an expression of your wishes as to what happens to your estate when you die.
Without a Will, your property & possessions will be shared in a standard way, which may not be what you want.
Without a Will, sorting out your affairs will be much more stressful and time consuming for your loved ones.
You can decide who will be in charge of distributing your estate.
If you have children or others who depend on you financially, having a Will is important to ensure they are cared for as you wish them to be.
A Will can help reduce the amount of inheritance tax you pay on the property and money you bequeath.
​
​
WHY HAVE A LASTING POWER OF ATTORNEY?
A Lasting Power of Attorney (LPA) is a legal document that allows you to appoint someone you know and trust to make the right decisions for you when you are no longer able to do so.Â
It allows you to take control - choosing the decisions you want to be made on your behalf, the people you want to make those decisions and how you want the decisions to be made.
​
WHY SEVER A JOINT TENANCY?
Holding a property as Joint Tenants means that when you die, your share of the property automatically passes to the surviving co-owner. This cannot be prevented by anything that is written in your Will.
By severing the tenancy, you become Tenants in Common.Â
A tenancy in common allows you to leave your share of your property to someone other than the other co-owner, a child from a previous relationship for example.