One of the things clients always say to me is “we’ve been meaning to do this for ages and ages, but we kept putting it off!”.
So, after enjoying all the fun and festivities this year, this is why making your Will and Lasting powers of Attorney should be a priority:-
- Making a Will is Easier Than You Think
Making a Will can seem more intimidating than it is. There is nothing superstitious about it, and you would be surprised how many clients are amazed at how much better they feel for having got this off their “To do list.” You could step into the new year with a weight off your mind.
- Protect Your Assets and Loved Ones
For lots of people, saving money, paying off debt or doing a financial detox are top of the list of New Years resolutions. But did you know that making a Will and Lasting Powers of Attorney can help you avoid costly mistakes in the long run? When you see one of our qualified lawyers at Maxwell Hodge, our experience and expertise of all the issues connected to lifetime planning – like Inheritance Tax, residential care fees, and how your assets are structured – could mean that it would be an expensive mistake NOT to.
- Plan for Your Unique Family Circumstances
If your family circumstances are a little out of the ordinary or you have family fallouts to consider, this is MORE of a reason to do a Will, not less. You may think it will be stressful for you to consider making a Will in this situation but from experience, I can tell you, that it is far more stressful when someone dies without a Will, and the family battles begin. By making a Will you can make your wishes known and make life much easier for those left behind.
- A Gift for Your Loved Ones
Making a Will and/or Lasting Powers of Attorney is not necessarily just for your own benefit. The people you appoint to act as your Attorneys, will also reap the benefits. For most people this may be their spouse, children, or other relatives/loved ones. Imagine how much easier you can make their lives by being organised, meaning they won’t have the headache of trying to arrange the legalities if it suddenly becomes urgent, or even too late. Think of it as a (very early!) Christmas present to them.
It may be almost too late for this year but next year, give yourself and your family the peace of mind that comes from having these important matters taken care of. If you’re honest, you already knew that you should, so consider this your gentle “nudge” to move into 2025 with your preparations made and ready to enjoy what the year has to offer.
Contact us at Maxwell Hodge today to make your Will and set up your Lasting Powers of Attorney.
