Estate Planning

Not only is it a good idea to have planned your funeral, it’s also really important to know that your money, property and possessions have been taken care of!

Estate Planning is the process people go through in preparation for a time when they are either no longer around or able to manage their own affairs to ensure their assets are protected, their wishes are adhered to and the people they care about are looked after. 

Wills and Probate, Trusts, Inheritance Tax Planning, Asset Protection, and Power of Attorney are all ways of making sure your wishes are acted on, forming the basis of your estate planning needs. 

Done properly, with the help of experts, estate planning can be a straightforward process that could save your family a considerable amount of money and heartache in the long term.

If you think you haven’t got much of an estate to ‘plan’ or are put off by the thought of the legal process think again. Regardless of the size of your house, the balance of your bank account, the possessions you have around you; they all need to go somewhere when you die so isn’t it better to put plans in place that ensure the right people benefit?

Whether you are looking to write a Will, pre-arrange Probate services at a fixed cost, talk to the experts about setting up a Trust, nominate a Power of Attorney, or buy a prepaid funeral plan, you’ve come to the right place.    

Whatever your needs; whether you want to read, review, compare, buy or talk to the experts, we can help you with it all and save you money at the same time. 

Asset Protection

These days an increasing number of people are choosing to protect their assets; basically their home, savings, shares, pensions and proceeds of life insurance policies as part of their estate planning.

Some asset protection trusts (the collective name used to describe a number of available trusts) are designed to protect your assets whilst you are still alive whereas others are designed to protect your estate when you die and are therefore often set up when you write a Will or at a later date.

Setting up a trust for your assets will give you reassurance, knowing that you and your family will benefit financially from the various legal resources available that can help minimise the impact of Inheritance Tax or perhaps local authority assessments, should you find yourself in a situation where you require the services of a care home.  


How can we help?

Whether you choose to benefit from ongoing legal services support by becoming a member of Over50choices Legal Services or just need more immediate help, our Estate Planning Service provided by professionally qualified legal experts can help you:

• Make a Will – for a fixed price they will talk through and help draft a Will for yourself and if relevant for your partner  
• Set up a Lasting Power of Attorney – Nominate a person with authority to act on your behalf in the event you need someone to manage your affairs
• Set up Trusts and advise on Inheritance Tax Planning - To ensure your financial affairs are managed in the most tax efficient manner 
Members can also make sure legal documentation never gets lost by having it stored in a secure online vault and benefit from having regular free Will reviews and updates to ensure significant changes such as divorce or separation, marriage and children are taken into account.  
Estate Planning is the only way that you can be sure the right people inherit the right things!

More details can be found in Wills and Probate; alternatively if you have any questions or prefer to talk through your options, please call our team of experts on 0844 880 2087.
Our trusted partners include

  making a will       dignity   coop 50 plus assured futures energyshop  funeral planning authority

Over50choices Ltd (Reg No. 8411985) Coldharbour Barn Modbury Devon PL21 0SD. Authorised & regulated by the Financial Conduct Authority (FCA 594280).

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