Wills & LPA
Estate planning doesn’t have to be complex, we can provide simple yet effective strategies to preserve your assets for future generations
The Importance of a Will
A Will is one of the most fundamental documents in estate planning, ensuring that your wishes are legally protected and carried out after your passing.
Inspire are qualified, professional will-writers and members of the Society of Willwriters
Many people assume their estate will automatically pass to their loved ones, but without a Will, the law decides how your assets are distributed. Shockingly, about two-thirds of adults in England and Wales do not have a valid Will in place.
By creating a Will, you can:
- Specify who will inherit your assets and sentimental items
- Plan charitable gifts as part of your legacy
- Arrange for your funeral wishes to be honored
- Appoint Executors to manage your estate
- Set up a Trust to protect assets from third-party claims
- Name Guardians and Trustees for any children under 18
- Choose when and how children or grandchildren will inherit
Without a legally binding Will:
- Your spouse may not inherit everything, as the law dictates how your estate is divided.
- Unmarried partners are not legally entitled to any part of your estate.
- Children, including those from previous relationships, may not inherit as intended.
- No control over who cares for your children if they are under 18.
- Charities and other causes you support will not receive anything.
- The estate distribution process takes longer, potentially causing financial hardship for your loved ones.
Who Should Have a Will?
If you are single
You may want your estate divided among friends, family, or charities as per your preferences.
If you are married or in a partnership
Do not assume your spouse will inherit everything; the law may divide your estate differently
If you are a parent
A Will ensures guardianship arrangements for your children and secures their financial future.
If you are retired
If you created a Will years ago, review it regularly to reflect any changes in your family, finances, or wishes.
Making a Will is the only way to guarantee your wishes are followed and to prevent unnecessary legal complications for your family.
The Role of Lasting Powers of Attorney (LPAs)
Estate planning isn’t just about distributing assets after death; it also involves planning for unforeseen circumstances during your lifetime. A Lasting Power of Attorney (LPA) is a legal document that allows you to appoint a trusted individual to make important financial and personal decisions on your behalf should you lose capacity to do so.
What Happens Without an LPA?
Without an LPA in place:
- Your wishes may not be followed if you lose the ability to make decisions.
- A court-appointed Deputy—someone you may not know—could be assigned to manage your financial and personal affairs.
- Family disputes may arise regarding your care and financial decisions.
- Legal complications, delays, and extra costs could burden your loved ones.
By setting up an LPA, you maintain control over your future and ensure that someone you trust can act in your best interests should the need arise.
Initial Consultation – At Our Cost
We offer an initial consultation at no cost to you, during which we:
- Discuss your current financial and family situation
- Explore your future plans and wishes
- Identify key areas that require estate planning
- Provide initial recommendations based on your needs
Following this consultation, we will provide you with a detailed recommendation and associated costs. This allows you to make an informed decision about engaging our services with full clarity on the process and fees.