Posts tagged “Wills, Estate Planning, Lasting Power of Attorney”

New digital processes will speed up LPA registration but you can still use paper forms.
New digital processes to register Lasting Powers of Attorney (LPAs) come into effect this year. 
 
The changes should improve the process of preparing LPAs with a more efficient and secure system. Identity checks, clearer roles, and enhanced digital services will modernise the strengthen LPAs, helping to keep everyone safe. 
As well as happy memories you will probably leave behind things of value when you die. 
 
However, deciding what will happen to your estate isn’t only about money. You’ll want to make sure you include the people and things you care about. 
You leave behind happy memories with your loved ones and assets when you die.
A new petition calls for legal changes to make courts recognise pets as family members instead of property. It currently has almost 4,500 signatures but needs at least 10,000 to ensure the government responds. The deadline for signatures is 27th September. 
Cats and dogs are often part of the family but the courts treat them as possessions.
Whether someone uses a wheelchair or has a mental disability, they might need extra financial help you can provide in a disabled person's trust
A disabled person’s trust can provide peace of mind that a loved one has financial security after your death. 
 
You could leave some or all your assets in trust for a family member or friend. You might do this because you’re concerned they would find it difficult to manage financially on their own, for example. A trust allows the trustees to manage the assets on their behalf. 
Wegging rings can change your life but you need to update your Will.
Did you know that, even if you have a legally valid Will, it becomes void when you marry? 
 
This is because the law in England and Wales sees marriage as a significant change to your finances and commitments. It assumes you will want to review your previous arrangements.