Beneficiaries of Wills may be vulnerable for many reasons, including but not limited to learning difficulties, illness, and addiction. How do we provide for a vulnerable (and possibly dependent) adult Beneficiary in our Will? The beneficiary’s vulnerability is not as important as their care needs, and the solution is known as a Vulnerable Person Trust. …
Business Power of Attorney TRF Wills – Wolverhampton Office
TRF Wills are delighted to announce that we now have a full-time consultant covering Wolverhampton and its surrounding geographical areas. Therefore, if this is where you are based and you require a business-related Lasting Power of Attorney (LPA), then we shall be happy to help you. Business Lasting Power of Attorney (LPA) A business Lasting …
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Power of Attorney – Wolverhampton
Power of Attorney – Wolverhampton, TRF Wills. A Lasting Power of Attorney (LPA) is a legal document, which once registered with a court, enables a person or people of your choice to make decisions on your behalf as your “attorney(s)”. They are then able to make decisions legally, as if they are you, if you …
Solicitor v Local Professional Will Writer
Some people understandably believe that they will get a superior product and service if they use a solicitor rather than a local professional Will Writer. However, a Will is either legally valid or it is not, whether it is provided by a solicitor or a local Will Writer. A qualified solicitor is accountable to the Solicitors …
Security of a Valid Will Document
There are certain circumstances whereby the location and security of a valid Will document is crucial. When your spouse is NOT the biological parent of your children is a very important example of this. Second Marriages & Cohabitation It is increasingly common that people who remarry or cohabit after their previous spouse has died, wish …
A Will is NOT Simply a List
A Will is NOT simply a list of who does what, and who receives what, after we die. If that were the case, then there would be little need for solicitors and professional Will Writers because people would merely prepare such a list at their own convenience. Here are a few examples of potential issues …
Enduring Power of Attorney (EPA) v Lasting Power of Attorney (LPA)
You may have an Enduring Power of Attorney (EPA) in which you have appointed people you know and trust, or a professional, to act as your attorney(s). This may be to help you manage your affairs now or limited to allow your attorneys to make decisions for you in future if you lose the mental …
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Jointly Owned Property and Wills – The Connection
Jointly Owned Property and Wills: If you own your property as Joint Tenants with another person or people, you may decide that you want to change the ownership, so it is then held as Tenants in Common instead. This will enable you to gift your share of the property to someone other than your co-owner(s) …
Appointing Attorneys
When creating Lasting Powers of Attorney (LPA) via a local and professional Will Writer, the people you choose to act on your behalf are called your ‘Attorneys’. You must choose at least one Attorney, but there is no maximum number. However, too many attorneys could cause problems, especially if they are appointed “Jointly” as outlined …
Free & Cheap Wills – A Myth
Do-it-Yourself Wills A person is at liberty to draft their own Will if they so wish, and therefore pay only for the ink and the paper required to create it, or the cost of a DIY kit from a High Street stationery shop. Any such “DIY Will” should be perfectly valid provided it meets all the …
Guardians
Who can be a Guardian? Anyone can be appointed as a Guardian in your locally produced Will if they are over the age of 18 years. Anyone who is appointed as a Guardian will have Parental Responsibility (PR) for your children and therefore can make decisions about matters including: Appointing a Guardian in your Will …
Have you Unknowingly Invalidated your Will?
Are you aware of some of the different ways in which your Will could be affected by a change in your circumstances, or vice versa? Have you Unknowingly Invalidated your Will? A New Property Purchase If you purchase a new property with another person, this may have implications if your locally arranged Will (see previous …
TRF Wills (TRF) was created by Michael Cotterill in 2005. He is a member of the Society of Will Writers and registered with the Information Commissioner’s Office.