We’ll Protect Your Assets, Whatever The Future May Hold
Whether you are a professional, entrepreneur, or simply an individual who has created or inherited wealth, our team of lawyers specialising in wills, probate and powers of attorney (LPAs) can help you protect your assets and plan for your future.
Will Writing
We can assist you with the process of drafting and executing a valid will. A will is document which sets out who you wish to administer your estate on death, who you wish to make gifts to, and what your funeral wishes are. Wills can also be used to set up trusts which make provisions for family or friends after your death. English law affords a very broad discretion to testators (people who make wills) and it’s almost unheard of for a will drafted and executed by a solicitor to be overturned in the UK.
Succession Planning
This refers to the use of permitted lifetime gifts which our solicitors can assist you with making in order to reduce or avoid the need to pay inheritance tax on death. It also includes provision for the continuation of businesses after death and the smooth transition of ownership and control of assets, as well as the settlement of debts or continued servicing of loans and management of rental property in the event of your death or incapacity.
Lasting Power of Attorney
We never know what the future will hold and that is why it is important to take necessary measures to plan ahead. Lasting Power of Attorney (LPA) is a way of giving someone you trust, your loved ones, or your lawyer, the legal authority to make decisions, whether health related or finance related, on your behalf if you become unable to do so yourself in the future.
There are two types of LPA:
- Property and financial affairs
- Health and welfare
LPAs allow you (‘the donor’) to choose people to look after your affairs if you
- Lose mental capacity
- Develop, or think you may develop, an illness that may stop you from making decisions for yourself – for example, dementia or a brain injury.
The donor can make one or both types of LPA and these can only be put in place when the donor has mental capacity.
We understand that it can be daunting to plan for such scenarios but it is essential to take agency of your assets and decide how you want to distribute or manage them in the event of your death or incapacity. Our power of attorney solicitors at Grayfords will work with you to fight for your best interests so you can have peace of mind with a contingency plan in place that is tailored to your specific needs.
We also offer set packages if preferrable.
Make an Enquiry
Enter your details below to request a call back from our legal team
* By using this form, you agree to Grayfords storing and handling your data. Your enquiry data may be processed for the purpose of contacting you either by phone, SMS, or the email address provided by you to further discuss your matter, or our legal services. Please read our Privacy Policy for more information.
