Wills & Lasting Power of Attorney

Wills

Having a will can make probate more straightforward, but whether there is a will or not, the administration process can still be complex. As we work with wills every day, we see the worry and delays caused when a will isn’t correctly written.

A professionally drafted will is important for two primary reasons:

1. You can legally express who you would like to give your assets to. If you die without a will, the Rules of Intestacy dictate how any money, property or possessions will be allocated. This may not be the way that you would have wished for your estate to be distributed.

2. Even if you do not consider that you have any significant assets, by making a will you can legally ensure that your dependants are provided for.

Valued Estates can offer advice and write a will for you, giving you peace of mind for the future.

Fees
Single, simple Wills - £125.00 + VAT
Mirror, simple Will - £200.00 + VAT
Complex single Wills – determined on a case by case basis
Complex mirror Wills – determined on a case by case basis
For simple changes to Wills made with us, a fee of £25.00 + VAT is charged

Lasting Power of Attorney (LPA)

Having a Lasting Power of Attorney will make things easier for you and your family if you ever lost capacity.

There are two types of Lasting Power of Attorney – Financial Decisions and Health and Care, with the former appointing someone to make decisions about money matters (such as paying bills, selling houses, access to bank accounts) and the latter enabling someone to make decisions about your care such as where you live, what you eat and what you wear.

Your attorneys can make decisions on your behalf when you are no longer able to do so. Consequently, you ensure that whatever happens in your future, someone you trust will look after you, and your affairs.

If you lose capacity without having a Lasting Power of Attorney in place, your loved ones can apply for guardianship through the Court of Protection, though this is a very lengthy and expensive process. It is, therefore, advised that you set up a Lasting Power of Attorney whilst you have the mental capacity to do so. Call 01920 444 085 and ask to speak to Joe to discuss the options available to you.

It is worth nothing that a Lasting Power of Attorney is a completely separate legal document to your Will although many people put them in place at the same time as getting their Will written as part of wanting to plan for the future. The power granted by an LPA ceases on the death of the donor (the person making the LPA) whereas a Will is only enforceable after the death of the testator (the person who made the Will)

Fees

For individuals:
One LPA - £200.00 + VAT + Court Fees if Registering (currently £82.00)
Both LPAs - £300 + VAT + Court Fees if Registering (currently £164.00)

For couples:
One LPA each (where both LPAs are the same) - £300 + VAT + Court Fees if Registering (currently £164.00)
Both LPAs each - £600 + VAT + Court Fees if Registering (currently £328.00)