It is never too early to make a will. Losing a loved one is a very sad, distressing and fraught time which can be made worse by not having any plans already in place.
It is never too early to make a will. Losing a loved one is a very sad, distressing and fraught time which can be made worse by not having any plans already in place. If there is no formal will in place then things can not only become very stressful, they can take months and sometimes years to be resolved.
We advise all of our customers to plan for what will happen after they are gone. It is never a pleasant thought to have to consider but from a practical point it is very definitely a good idea to put something formal in place.
At Bede Financial Group we will help you with a will and estate planning so that everything is already in place for your loved ones.
Why Should You Plan Now?
If you die without having a will, the State decides what happens to your money
This can take months or years depending how complicated your assets and relationships are when you die
You put yourself in control of what happens to your wealth when you die
It gives you and your loved ones peace of mind
A ‘living will’ explains what you want should you become unable in later life to make your own decisions; you decide how you should be cared for and what treatment you do and don’t wish to have
You can potentially protect your home if you need to go into full time care in the future
Minimise the impact on your loved ones of inheritance and capital gains taxes by taking professional advice now
A ‘Lasting Power of Attorney’ can set out who you wish to make decisions for you whilst you are still alive but unable to mentally make your own decisions
There are many good reasons to have all of your plans in place and to seek professional advice that not only protects you in later life, but your assets and your loved ones. Bede Financial Group are experts in Wills and Estate Planning so contact us today to discuss how we can help you now, to make things more painless in the future.
Estate planning and the provision of Wills are not regulated by the Financial Conduct Authority. Wills & Estate Planning are arranged on behalf of APS Legal & Associates Ltd, Head office: Worksop Turbine Innovation Centre, Shireoaks Triangle Business Park, Coach Close, Worksop, Nottinghamshire, S81 8AP. APS Legal & Associates is a member of the Institute of Professional Willwriters. APS Legal & Associates complies with the Trading Standards Institute Approved IPW Code of Practice.