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When considering your Will, which deals with what happens to your estate after your death, it is worthwhile also considering what would happen if you were unable to manage your affairs yourself whilst still alive. Who would make those decisions about your finances or welfare? The legal solution to this situation is to put in place a Power of Attorney. This gives someone else the legal authority to act on your behalf. There are two types of Power of Attorney and these state specifically what your attorneys can and can’t do with regards to your personal welfare and affairs. Both types of POA give someone (usually a family member or friend) the authority to act on your behalf in the event of illness, absence, extended holiday or business absence or just because you would prefer someone to deal with matters on your behalf. General Power of Attorney: This is a very affordable option, can be set up easily and can be used without it having to be registered. The General Power of Attorney (GPA) cannot be used for decisions concerning medical or personal welfare and cannot be used if you become mentally incapacitated. See attached PDF – General Power of Attorney – An explanation Lasting Power of Attorney: The Lasting Power of Attorney is separated in to two parts. The first deals with Property and Financial Affairs or PFA. The second deals with Health and Personal Welfare or HW. If both are required then separate LPA documents must be completed on each. LPA’s must also be registered at the Office of Public Guardian (OPG) and can continue to be used after a person has lost mental capacity. See attached PDF – Lasting Powers of Attorney – An explanation  
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People often assume incorrectly that when they die, their estate or worldly goods will go to their family.
Trusts are commonly used to protect property after death, or to protect money for a minor.
As part of our Will drafting process, at PWP we carry out a  fully confidential financial review.
The amount of work required in administering an estate through probate can be huge.
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Company Registration Number England and Wales:  09213556 Registered Address: Professional Will Planning Limited 4 Buces Road, Taunton, Somerset, TA1 4NG Call: 01823 338463 or 07826 542 574
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