Why Wills & LPA's are important.

1. Wills:

• A will is a legal document that outlines your wishes for the distribution of your assets after you pass away.
• It ensures your loved ones receive their rightful inheritance.
• Without a will, your estate may be distributed according to intestacy laws, which may not align with your preferences.

A will, also known as a last will and testament, is a legal document that allows an individual to specify how their assets and property should be distributed after their death. Wills serve several important functions:

1. Asset Distribution: A will provides clear instructions for the distribution of your assets, such as money, real estate, personal belongings, and investments, among your chosen beneficiaries. This can include family members, friends, charities, or other organisations.
2. Guardianship for Minor Children: In a will, you can appoint a guardian to care for your minor children if you pass away before they reach the age of majority. This ensures that someone you trust is responsible for their upbringing.
3. Executor Appointment: You can name an executor in your will, who is responsible for administering your estate, ensuring your debts and taxes are paid, and distributing assets according to your wishes.
4. Funeral and Burial Wishes: Wills often include instructions for your funeral or memorial service and your preferences regarding burial or cremation.
5. Debts and Taxes: You can specify how your debts and taxes should be paid from your estate, which can help protect your beneficiaries from unexpected financial burdens.
6. Contingency Planning: Wills can include provisions for unexpected situations, like naming alternate beneficiaries or specifying what should happen if a primary beneficiary predeceases you.

It's important to create a will while you are of sound mind and not under duress, and to periodically review and update it to reflect changes in your life circumstances, such as marriage, divorce, the birth of children, or significant changes in your assets.

If you pass away without a will, your assets will typically be distributed according to the intestacy laws of your jurisdiction. This may not align with your preferences and could lead to disputes among your heirs. Therefore, creating a will is a fundamental step in estate planning, ensuring that your wishes are respected and your loved ones are provided for after your passing.

1. Lasting Power of Attorney (LPA):

• An LPA is a legal document that grants someone you trust the authority to make decisions on your behalf, in case you become unable to do so due to illness or incapacity.
• It provides peace of mind that your affairs are managed by someone who knows your wishes.

A Lasting Power of Attorney (LPA) is a legal document used in some countries, including the United Kingdom, to grant someone the authority to make decisions on your behalf in the event that you become mentally or physically incapable of making those decisions for yourself. The person granted this authority is referred to as the "attorney" or "donee."

There are two main types of LPAs:

1. Property and Financial Affairs LPA: This type of LPA gives your chosen attorney(s) the authority to make decisions related to your financial and property matters. This can include managing your bank accounts, paying bills, selling property, and making investments. You can specify when this LPA becomes effective, either immediately upon registration or only when you lack mental capacity.
2. Health and Welfare LPA: With a Health and Welfare LPA, your attorney(s) are empowered to make decisions concerning your personal welfare, healthcare, and medical treatment. This may include choices related to medical treatments, where you live, and daily care. Unlike the Property and Financial Affairs LPA, a Health and Welfare LPA can only be used when you lack the mental capacity to make these decisions yourself.

It's important to note that an LPA must be created while you are of sound mind and capable of understanding the implications of the document. Once created, it needs to be registered with the relevant legal authority or government agency, depending on your jurisdiction's requirements.

Creating an LPA allows you to choose someone you trust to act on your behalf, ensuring that your wishes are respected and your best interests are safeguarded if you are unable to make decisions due to illness, incapacity, or other reasons. It's a valuable legal tool to protect your interests and provide peace of mind for both you and your loved ones.

Our Services

At Harrisons Probate Solutions Group, we offer a range of services to assist you with wills and LPAs, including:

• Will Drafting: Our experts will guide you through the process of creating a legally sound will that reflects your wishes and minimizes potential disputes.

• LPA Creation: We'll help you create LPAs, ensuring that your chosen representatives are well-prepared to make decisions on your behalf when needed

• Estate Planning: Our expert panel of Solicitors and Estate Planners can help you develop a comprehensive estate plan that takes into account your financial assets, property, and specific wishes.

• Legal Consultation: Our  panel of experienced attorneys is available to answer your questions and provide personalised advice on the best solutions for your unique situation.

Lasting Power of Attorney Price List

LPA (Health OR Finance) - 

 Single          Couple   

  £300              £600

LPA (Health AND Finance) -     

Single          Couple 

£550             £1,100                       

Office of the Public Guardian Fee** - £82 per LPA (payable to the OPG)

**This price includes the registration admin fee.