Wills and LPAs

The most cited reason we hear for having no Will... "I just haven't got round to it"

We can provide a short questionnaire for you to consider and complete, we can take your instructions electronically or verbally and we can have a draft Will for your approval usually within 48 hours, normally sooner.

And our Wills are not just 'legalese' - they come with a companion guide explaining the legal terminology in plain, clear language so you can see exactly what part of your Will does what.

Whether a basic Will or more advanced instruction including lifetime interests and Lasting Power of Attorney, we can help.

LPAs

What happens when a person is no longer capable of handling or managing their own affairs?

If you are unable to look after your own affairs, and you do not have a Lasting Power of Attorney, the Court of Protection will appoint a Deputy to manage your affairs for you. There will probably be significant legal fees due and the Deputy may not be aware of your personal circumstances. This could apply to anyone, at any age, by reason of illness, disability or mental impairment who may no longer be able to deal with even simple matters like handling a bank or building society account or transacting a house sale.

If you are unable to look after your own affairs, and you do not have a Lasting Power of Attorney, the Court of Protection will appoint a Deputy to manage your affairs for you. There will probably be significant legal fees due and the Deputy may not be aware of your personal circumstances. This could apply to anyone, at any age, by reason of illness, disability or mental impairment who may no longer be able to deal with even simple matters like handling a bank or building society account or transacting a house sale.

Unlike the old Enduring Power, which was one short document, The Lasting Power of attorney has two sections which can be made separately or together.

The Property and Affairs LPA allows you to choose a person you trust to make decisions about how to spend your money and the way your property and affairs are managed. Once registered, and unless you have put a restriction on it, this type of LPA can be used by your attorneys straight away. This effectively replaces the old Enduring Power of Attorney.

The Personal Welfare LPA which allows you to appoint somebody to look after YOU and your personal welfare and healthcare. This effectively replaces what was commonly known as the 'Living Will'.

Whenever an attorney makes a decision under an LPA, by law they must act in the best interests of the donor who has given them the power.

If you want to make plans for the future while you still have the mental capacity to handle your own affairs, creating an LPA now will allow you to choose one or more people to act as decision-makers.

A Lasting Power of Attorney can be made by anyone aged 18 or over but can only be used once it has been registered with the Office of the Public Guardian.

Every LPA requires the signature of an approved Certificate Provider and eventual registration with the Office of the Public Guardian.

Family Values

You may be interested in our 'Family Values' publication. This is a personalised, bespoke document that pulls together in one place all your important data, including your financial affairs. Imagine the peace of mind that comes from knowing that in the event of your, possibly untimely, death, those that are left will be able to find everything in one place. And we can provide an online securely encrypted version too

All our trusts are guaranteed by our legal partners

It is a sad fact that many marriages end up in divorce these days. If you are concerned that one day your children's inheritance could be lost in their divorce and you wish to ensure what you have built up in your lifetime stays in your bloodline for your children and grandchildren only, you may wish to consider lifetime trusts.

Most of our trusts are purpose designed frameworks, which deliver lifetime benefits and shield and protect residual estates for intended beneficiaries. Use of the framework can protect the benefits from social impact (divorce, bankruptcy etc) and can deliver additional inheritance tax (IHT) benefits to the beneficiaries estates - up to £40,000 for every £100,000 directed via the trusts.. They usually protect an inheritance from being contested. They are normally created during lifetime and do not require the client to transfer assets into the trust during lifetime unless it forms part of the advised planning. Most trusts are flexible and allow clients to easily change the distribution of their estate.

brochure

IHT - RNRB Guide

Click here to download our guide to the Residential Nil Rate Band (RNRB).

factsheet

Financial Factsheets

Click here to access online factsheets covering a wide range of financial topics

ifa

Why use an IFA?

Click here to read why taking Independent Financial Advice
benefits you

Our Address

Green Financial Advice Limited
Bective House, 10 Bective Place,
London, SW15 2PZ

 

T: 0800 170 7400
E: info@iangreen.com
W: www.iangreen.com

Green Financial Advice Limited, Bective House, 10 Bective Place, London, SW15 2PZ
T: 0800 170 7400 E: info@iangreen.com W: www.iangreen.com

Green Financial Advice Limited is authorised and regulated by the Financial Conduct Authority.

The information contained within this website is subject to the UK regulatory regime and is therefore primarily targeted at customers in the UK.
Should you have cause to complain, and you are not satisfied with our response to your complaint, you may be able to refer it to the Financial Ombudsman Service, which can be contacted as follows: The Financial Ombudsman Service, Exchange Tower, London, E14 9SR. http://www.financial-ombudsman.org.uk

The material on the site is the copyright material of Green Financial Advice Limited. You may not copy, reproduce, republish, disassemble, decompile, reverse engineer, download, post, broadcast, transmit, make available to the public, or otherwise use Green Financial Advice Limited content in any way except for your own personal, non-commercial use. This includes but is not limited to all individual fund manager data such as rankings of fund managers and ratings of fund managers. Green Financial Advice Limited does not accept any liability for your reliance upon, or any errors or omissions. Any other use of Green Financial Advice Limited content requires the prior written permission of Green Financial Advice Limited.

© 2022 Green Financial Advice Limited. Website Design by Goldmine Media