- If you died tomorrow, how would your family survive, and would there be any surprises in your Will?
- If you unexpectedly lost your mental capacity through accident or illness, who would be legally authorised to make legal, financial and health decisions on your behalf?
- Have you discussed the likelihood of you or your spouse remarrying after the first passes away?
- How well do your children (and their partners) get along?
- How stable are your dependants (in terms of ever facing bankruptcy, crime, mental health, addictions)?
- Do your children have Wills and Powers of Attorney?
- Are you and your children, and your spouse adequately insured?
- If you have a blended family, how do you ensure the surviving spouse honours your agreement about the final distribution of assets to both sets of children when the survivor dies?
Don't leave it to chance.
It may be tempting to take up a company's offer of a "free will", but as you might expect, your estate will ultimately pay the price as these documents often automatically appoint an executor or trustee who may later charge a fee of 1% to 4%. Read this article on our blog.
Of course, Estate Planning is not just about having a Will. It also involves the review, management and control of your personal, family and business affairs while you are alive, and when you pass away, so it's worth seeking qualified, expert advice if you are in any doubt.
The right people by your side.
We've taken the hard work out of finding the right legal professionals, so you can feel confident that you're getting advice from people we know and trust. If you need a second opinion we would be glad to make an introduction.