Wills, Trusts & Lasting Power of Attorney
Securing your legacy: Wills, Trusts, and Lasting Power of Attorney
At Prosperity Financial, we understand that planning for the future involves more than just managing your finances – it’s about ensuring your wishes are honoured and your loved ones are cared for, no matter what lies ahead. Our comprehensive estate planning services, including Wills, Trusts, and Lasting Power of Attorney (LPA), provide you with the confidence that your affairs are in order.
The importance of estate planning
Estate planning is a crucial step in managing your assets and responsibilities. It ensures that your estate is distributed according to your wishes, minimises potential disputes, and can provide tax efficiencies. Without a valid Will or appropriate legal arrangements, your estate may be subject to intestacy laws, which might not reflect your intentions.
Services
Wills
Crafting a legally sound Will is fundamental to estate planning. It allows you to specify how your assets should be distributed, appoint guardians for minor children, and express your funeral wishes. Our advisers guide you through the process, ensuring your Will accurately reflects your desires and complies with current legislation.
Trusts
Trusts offer a flexible and effective way to manage your assets during your lifetime and beyond. They can provide for loved ones, protect assets, and offer potential tax advantages. Whether you're considering setting up a trust for a family member or for charitable purposes, we can help you determine the most suitable structure for your needs.
Lasting Power of Attorney (LPA)
Lasting Power of Attorney (LPA): An LPA enables you to appoint someone you trust to make decisions on your behalf should you become unable to do so. There are two types:
- Health and Welfare LPA: Covers decisions about your medical care, living arrangements, and daily routine.
- Property and Financial Affairs LPA: Pertains to managing your finances, such as paying bills, managing investments, and selling property.
Establishing an LPA ensures that your affairs are handled according to your preferences by someone you trust, providing peace of mind for you and your family.
Our approach
We recognise that discussing matters like Wills and LPAs can be sensitive. Our team approaches these conversations with empathy, professionalism, and discretion. We take the time to understand your unique circumstances and provide clear, straightforward advice to help you make informed decisions.
Get started today
Taking steps to plan your estate is a profound act of care for those you cherish. At Prosperity Financial, we're here to guide you through every stage of the process, ensuring your legacy is protected and your wishes are honoured. Contact Us today to arrange a consultation and begin securing your future.
