|Wills and Powers of Attorney|
Many people underestimate the importance of wills. Having a will means providing for those closest and most important to you. Leaving matters to the rules of intestacy (i.e. there is no will) may well lead to decisions which may not be in accordance with your wishes.
Leaving matters to the rules of intestacy (i.e. where there is no will) may well lead to a situation where your assets do not go to those you prefer to benefit and decisions are made that are not in accordance with your wishes. If you leave behind a spouse and children your estate is likely to have the inconvenience and cost of trusts being created.
As part of the advice on wills we would consider the circumstances of the Client especially if they are in a second or third marriages. The need for advice on Inheritance Tax may be critical if you are providing for a partner you are either not married to, or have entered into a Civil Partnership.
In addition we would advise on the appointment of guardians where the Client has a child or children who are still minors.
Powers of Attorney
Hansell Wilkes & Co give advice on the preparation of Lasting Powers of Attorney for the elderly or incapacitated and other types of Powers of Attorney in relation to the conduct of Clients' affairs generally. If you are going abroad before a deal is completed ask us about the ability to delegate the signing of any documents.