John Fowler MSWW STEP
Who are we and what do we do?
Hampshire Wills and Trusts provide a service to people that want to make a will. We offer advice on matters relating to will writing and estate planning. We also prepare and submit Lasting Power of Attorney applications,obtaining updates and dealing with correspondence until the stamped documents have been handed over to the client.
The will writer takes your instructions from the comfort of your home and uses this to produce the draft. You then check the details and any amendments are made before the document is ready for signing.
In order to write your will, some pre- meeting preparations are recommended to help you to make important decisions. Here are some points that you may want to take into consideration:
Who would you appoint to make sure that your wishes are carried out?
More than one person, perhaps a professional?
Maybe a trusted friend or relative/s. Are they up to it? Do they know what it entails and are they young enough to be likely to survive you?
Is your situation more complicated than other people?
Someone who you know is responsible, and the kids like visiting. Do they live nearby or at the other end of the country? Moving house and school may be a burden at a very traumatic time. Can they afford to bring up your children? If not, do you have sufficient life insurance written into a suitable trust to provide the right funds to the required people at the right time? Perhaps your child is a dependant adult with disabilities. Have you factored this into your arrangements?
- Will writing 100% 100%
- Trusts and Estate Planning 100% 100%
- Lasting Power of Attorney (LPA) 100% 100%
- Probate 100% 100%
Is the value of your property going to help pay for your care home costs?
If you are married and own your property jointly, have you taken the precaution of changing the way that you and your spouse own your home? If your will doesn’t factor this in correctly with an appropriate trust, and you haven’t changed the ownership from joint tenants to tenants-in-common,don’t be shocked when the value of the home is used to pay for any care home fees that may become due in the future.Under current legislation,you can preserve up to half of the value of the family providing of course that you’ve made the appropriate arrangements.