March 25th, 2020 / Insight posted in Articles

Planning for the future

It goes without saying that these are unprecedented times.  Many of us will spend the coming weeks at home and may reflect on the future.  Matters such as reviewing a current Will, or putting one in place if you do not already have one, may unfortunately cross our minds.

The Legal Team at Moore Kingston Smith can help you put a Will in place or update your current Will.  We can also assist with Lasting Powers of Attorney (LPAs), which set out who can make decisions if you are no longer able.

Wills

The additional time with family presents an ideal opportunity to speak to your loved ones about your Will to ensure your assets pass to your intended beneficiaries and in a tax efficient way.  Once the current crisis has passed, you will be able to take advantage of life’s opportunities knowing you have dealt with matters that do unfortunately need to be addressed but are often overlooked.

Taking your instructions by phone or video call, we take time to understand your circumstances, review your options and prepare your new Will.  We can send you drafts of your Will for you to review at your leisure and then answer any queries.  The Will can printed, bound and signed by you at home, as long as there are two unrelated individuals available to witness your signature who are not beneficiaries under the Will.

Lasting Powers of Attorney

While feeling unwell can put one’s life on hold, it’s important to know who would make medical, business and financial decisions on your behalf if you can no longer do so yourself.

In uncertain times, the ability to take these decisions to protect you, your business and assets could be vitally important for you and your loved ones.

The solicitors at Moore Kingston Smith can explain how LPAs work, take your instructions and complete these complex forms for you.  We then send them to you by email to review, print and sign.  We can then help you by phone or video call to check that the official signing requirements have been done correctly.  You would then be able to send the forms direct to the government registration office who typically process them within about six weeks.

Please let your usual Moore Kingston Smith contact know if you have any questions or approach our private client legal team directly