So why is your Will not enough?
A Will is an excellent start towards ensuring your assets pass to your loved ones. However, despite having a Will in place there any pitfalls which can stop your estate passing to those you choose, or evening being taken from you whilst you are still alive.
A Will only comes into effect on your death. It cannot protect you against the expense of Care Fees whilst you are still alive, or against the impact that new or broken relationships can have your chosen beneficiaries after your death.
Who would you trust more – your family, or the local authority?
Did you know that without the proper planning in place, the Local Authority could make decisions about your property and financial affairs and your health and welfare in later life, regardless of your wishes.
How would you feel if you lost the home you have worked all your life to pay for?
Last year tens of thousands of people were forced to sell their homes to cover to costs of Care Fees. Anyone with assets worth more than £14,250 is at risk of this threat, but it does not have to be that way.
How would you feel if someone else’s children inherited your estate?
Without careful planning, your children or grandchildren can easily become disinherited as a result of divorce or remarriage, even after your death. You have worked all of your life for your home and your savings.
How can Clowes and Co Solicitors help:
- How to deal with care fees
- How to remain in control of your future, in terms of both your property and financial decisions and decisions about your health and welfare
- How to ensure your assets do go to your loved one in the way you intend
- How to plan for disabled or vulnerable family members
- How to ensure the wishes within your Will are executed
- How to understand the burden of Inheritance Tax and what can be done
- How you can have total piece of mind that your affairs are in order
