Simon Hall – Will Writer

Lasting Powers of Attorney Wills Lasting Powers of Attorney Funeral Plans

Question?

Question? If you were to write your Will today, what unusual Wish or Possession would you single out for a future Beneficiary?

Wills - History

Wills - History

Wills - History

Wills - History

Wills A will is a formal document that describes how you want your assets distributed after your death. ... If you die without a valid will, a court will appoint someone to administer your estate and distribute the assets according to a formula set out in provincial estate and family laws.

Wills - Facts 5.4 million adults do not know where to begin when it comes to writing a will. Around 54% of adults do not have a will. Six in 10 (59%) parents do not have a will, or have one that is out of date.

Wills – Facts - Gifts $12m to a dog In 2004, billionaire hotelier Leona Helmsley left instructions for her $4bn (£2.5bn) fortune to be spent caring for dogs, having apparently re-thought an earlier draft that left it to the poor. Her nine-year-old Maltese, Trouble, received $12m (£8m) in the will, with her grandchildren either cut out or ordered to visit their father’s grave annually in order to inherit their share.

Wills – Facts - Gifts TO MY WIFE – MY SECOND-BEST BED WILLIAM SHAKESPEARE, 1616

Lasting Powers of Attorney

LPA’s - History

LPA’s - History EPA – Pre 2007

LPA’s - History EPA – Pre 2007 LPA – Post 2007

LPA A lasting power of attorney ( LPA ) is a legal document that lets you (the 'donor') appoint one or more people (known as 'attorneys') to help you make decisions or to make decisions on your behalf. ... There are 2 types of LPA : Health & Welfare. Property & Financial affairs.

LPA’s – What They Can Be Used For Financial & Property LPA appoints someone to take care of your assets & finances.  eg: Pay your mortgage and bills Sell your property Collecting pensions, wages or benefits Manage your investment portfolio   Health & Welfare LPA entitles you to appoint someone to make decisions for you regarding your health & living arrangements.  eg: Decide where you live Administer medication Manage your diet, clothes and day to day schedule

LPAs - Facts By 2021 there will be over one million people in the UK suffering from dementia.  1 in 20 people over the age of 65 years will develop dementia, and this figure continues to rise with age, with 1 in 5 people over 80 years suffering from the disease.

Funeral Plans

Rising Funeral Costs

Funeral Plans - Facts The average cost of a basic funeral now stands at £4,078, up nearly 5% since the 2016 Sun Life Cost of Dying report and-an increase of over 232% since the 1997 report estimates suggest that by 2024 a funeral will cost, on average, between £7,000 and £10,000.

Question? If you were to write your Will today, what unusual Wish or Possession would you single out for a future Beneficiary?

Questions?

………… And Finally

Simon Hall – Will Writer