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Showing posts with the label Wills & Trusts in Bristol

Will Writing Help With Bristol Will Writer

Will write up a will save you money? It will if you use a qualified and professional service. Professional services are available for both individuals and businesses. In addition, you can use a  will-writing service  provided by a lawyer or other licensed professional. Will write up a will save you money: online You can pay a fee and have the will drafted by your selected solicitor, then have it completed and submitted to the court by mail. Other reputable firms also offer online will writing services by post. If you opted for a face-to Face service, the will writer will normally make an appointment to visit you in your home. Will write up a will adequately provide for your beneficiaries? It is advisable to seek legal advice from established solicitors. The majority of solicitors will be familiar with the proper procedures to follow when executing a will. Applying for a will is not something that should be undertaken lightly. It is important to consider all of your options, including t

Lasting Power of Attorney - New law for business owners and Directors

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  The  Mental Health (Discrimination) Act 2013  takes out the option to remove a company Director because of mental health problems. This effect makes mental health problems a protected characteristic under the S4 Equality Act 2004 so that the same rules apply for partnerships or even sole traders. 1 in 6 of us under 65 will take time off for mental health problems during our working lifetime. The term mental health covers a wide range of illnesses from long-term dementia to taking time off for stress-related illness and everything in between. So how would your company function without one of its key decision makers? It could have serious implications for your business. For example what if the bank finds out? They could call in any loans or overdrafts! If they think their money is jeopardized in any way they can ask for it back. Bear in mind that if your accountant or other professional, knows about a mental health problem, they have a professional duty of care to notify anyone affecte

What are the Importance of Power Attorney – Bristol Will Writer

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  Important of  Power Attorney  A  Power of Attorney  nominates someone to act on your behalf should you lose mental capacity, as defined by the Mental Health Act 2005. Mental incapacity could be dementia or other mental health issues brought on by illness or even an accident. Importantly they are put in place  BEFORE  you lose capacity. Only if you are unable to make decisions for yourself does the Attorney(s) you chose to act on your behalf. Typically the Attorney is either a spouse or child. So why are they important to get set up now? There are a number of reasons I advise all my clients to have Lasting Power of Attorney (LPA) in place, not least peace of mind, but importantly because the alternative to an LPA is  much more expensive and time-consuming . If you no longer have the capacity to make an LPA your spouse/ children have to apply to the  Court of Protection for a Deputyship Order . This is a complex process with a number of potential pitfalls. It also costs significantly m

Wills and Trusts: Why You Ought to Utilize a Will Composing Service

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  A  Bristol Will Writing service  could be a company that puts simplicity and practicality as its core values. the desire is written by a solicitor who is well versed in the intricacies of estate planning. The lawyer will make sure that the contents of the desire are clear and the executor’s wishes are applied. a simple will could be a vital tool within the  estate planning  process. It should be easy to grasp and it should be practical. The most important thing to think about when writing a will is the advice of an experienced estate lawyer. While drafting a will could appear simple, it's a difficult process. The law varies in each state, so it's imperative to hunt legal advice from an experienced probate attorney. A solicitor is ready to answer complicated questions and supply advice regarding contingencies. knowledgeable are able to facilitate your draft a will that's appropriate for your circumstances. A will isn't only about deciding who will inherit your assets,

The Importance of Estate and Will Planning

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Estate and will planning can be a very beneficial process. By choosing a personal representative, you can decide who will care for your children after you pass away. If you have children, the will can name guardians for them if you pass away before making their own decisions. This will help you avoid unnecessary conflict and speculation. It is also important to have a will, even if you don't have a large estate.                                            Why Estate and Will Planning? While a will does not have to be legally binding, it is helpful to have one. Not only does it help you choose who gets what, but it also gives you insight into your mindset. Depending on the age and level of intimacy in your life, your will may detail funeral preferences or final messages for your family. Your estate planning attorney will also need to know about your digital assets, including your photos, email, bills, and other valuables. Another important part of estate planning is drafting a livi