Although most of us have every intention of putting our affairs in order by making or reviewing a Will and/or a Lasting Power of Attorney, there is often a good reason why we never get around to doing so, be it due to a busy work/home life or the unwillingness to focus on such a sombre subject. However, as a result of the ongoing Covid-19 pandemic, we are all now understanding the importance of ensuring our affairs are not only in order, but reflect our wishes.
A Will is one of the most important documents you can put in place in order to ensure your loved ones receive what you would want them to receive on your death. Without a Will, the law dictates who receives what and this may not give the result you want. Therefore, if you have specific wishes, the preparation and signing of a Will is vital.
In addition, a Lasting Power of Attorney allows appointed attorneys to be able to deal with your property and finances and/or health and welfare whilst you are living but if you do not have capacity to make decisions about such matters yourself. Without one, it is often very difficult or even impossible for such decisions to be made without an application being made to the Court of Protection and such involvement can lead to long delays and be very costly.
Although Covid-19 means that our offices are now temporarily closed, AMD’s Private Client department are still able to assist those clients who would like to discuss making a Will and/or a Lasting Power of Attorney. If you would like to find out more, please contact the AMD office on 0117 962 1205 where a message will be taken and forwarded on to the department, or, email email@example.com and a member of the department will come back to you.