Estate Planning

There are numerous things that can be done during our lifetimes to not only ensure that our loved ones are protected after our death, but to also plan for unforeseen events, such as losing capacity.

Our team at Harvey Baker can help you and your family with the following:

• Wills (Standard Wills, Life Interest Trust Wills & Discretionary Trusts)
• Court of Protection matters
• Lasting Powers of Attorney and other types of Powers of Attorney
• Grant of Probate (Representation) Applications
• Alzheimer's "Will to remember" Will writing scheme

Why Estate Planning is crucial

Estate planning isn't just about what happens after you're gone; it's about peace of mind now. It's about knowing your loved ones are protected, your wishes are respected, and your assets are distributed according to your plans. In the UK, the complexities of inheritance law can be daunting. Without a proper estate plan, you risk leaving your family with unnecessary stress, financial burdens, and potential legal disputes. Taking the time to plan now is an act of love and responsibility, ensuring a smoother future for those you care about most.

Avoiding probate issues

Probate in the UK can be a lengthy and costly process. Without a Will, your estate is subject to intestacy rules, which may not reflect your wishes at all. This can lead to delays in your loved ones receiving their inheritance, as well as significant legal fees. Estate planning allows you to bypass many of these potential pitfalls, ensuring a more efficient and less stressful distribution of your assets. We can help you navigate the complexities of UK probate law and create a plan that works for you.

Benefits of Estate Planning

Estate planning offers a range of crucial benefits, including:

• Protecting your loved ones: Ensuring their financial security and well-being.
• Minimising Inheritance Tax: Legally reducing the tax burden on your estate.
• Avoiding intestacy: Making sure your assets go to the people you choose.
• Planning for incapacity: Appointing someone to manage your affairs if you become unable to.
• Preserving your legacy: Leaving a lasting impact according to your values.

These considerations are particularly important due to specific tax laws and regulations. We can provide expert guidance tailored to your individual circumstances.

Don't put it off - Take action today

Don't wait until it's too late. Estate planning is a proactive step you can take today to secure your future and protect your family. We understand that thinking about these matters can be uncomfortable, but our team of experienced professionals is here to guide you through the process with compassion and expertise. Contact us today for a free consultation and let us help you create a comprehensive estate plan that meets your unique needs.