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Planning For The Future

Whilst it would be nice, none of us have a crystal ball with the ability to see into the future. That being said, it doesn’t mean we can’t set ourselves up and put certain measures in place now, to help prepare us for any eventually later on in life.

Many of us may want to live more in the present, but planning ahead is an easy way of ensuring successful outcomes in the future.

Wills & Lasting Power of Attorney

Having a Lasting Power of Attorney and a Will in place is not planning to be ill and seriously unwell in the future, but instead simply making sure that should those unfortunate circumstances occur, everything is already in place to ensure your finances and future care will be well looked after. As it stands, family members are not permitted to automatically assume control of your assets, estate or healthcare in the event of sudden illness, loss of mental capacity or death. Both LPAs and Wills work in conjunction with each other, but each document defines different legal permissions.

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Digital Assets

Are digital assets included in your current estate planning?

Digital assets are a growing part of many people’s lives as technology further integrates within our everyday lives, but can often be a forgotten part of estate planning.

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Why you should consider gifting & charitable donations

When it comes to dividing and allocating your estate, there are a few avenues that can provide some tax-relief when it comes to calculating your Inheritance Tax rate. That is to say, you are able to give away some of your estate tax-free – either as money or assets – to reduce your overall value.

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Planning For The Future

Understanding Long Term Care

As our population continues to exceed their life expectancy, considering long-term care for ourselves or our loved ones is now more important than ever. This short series of videos will further your understanding of the practical steps involved with planning for long-term care.

Wills

Despite being incredibly easy to set up, over 60% of adults do not have a Will, and those that do, do not review these regularly, as is necessary. Wills not only determine how to allocate your property and estate to your chosen beneficiaries once you have passed but are used to appoint guardians for children and set up financial arrangements for their future, as well as detail your funeral arrangements.

Lasting Power of Attorney

To discover more in depth detail on how to put a Power of Attorney in place and all the available options, please watch this set of videos by registering below.