Wills & Powers of Attorney

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Wills and Powers of Attorney

Wills: Any adult who owns substantial property in England (whether or not they are UK residents) should have an English Will. The importance of Wills in tax planning has reduced in recent years, and a straightforward document is all that most people need, but it is important to have one in place. You can not only set out clearly who benefits from your estate, but can also ensure that issues like who will act as your executors, who can act as guardians for your children and how property is managed until children are old enough to inherit it are dealt with in the way that you would wish. We can advise you on your options, as well as drafting your Will and any ancillary documents that you need. Plantagenet follows the Will writing code of the Society of Trust and Estate Practitioners, which is explained here:

https://www.step.org/sites/default/files/Policy/Public_Guide_to_Will_Code.pdf

Powers of Attorney: Powers of Attorney can be useful on a temporary basis in the running of a business, or so that someone can look after your affairs during a period of absence abroad or deal with a particular transaction on your behalf, such as the sale of a property. Increasingly, however, with longer life expectancy and improved medical care after serious accidents and illnesses, many people find themselves in a position where they are still alive, but have lost the capacity to make decisions for themselves, or simply need help with administering their property and affairs, for extended periods of time. It makes sense, therefore, while you are well and have full capacity, to put Lasting Powers of Attorney in place, so that you can control who you appoint in these situations, and decide the scope of the authority you give them. We can assist you in drafting the relevant documents and arranging for them to be registered.

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