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Protector Plus
Our Protector Plus will is for those who have slightly more complicated circumstances than the Protector will covers – this will is sometimes referred to by law firms as a ‘complex’ will. You can do everything the Protector will provides for – leave your assets to who you choose, appoint a Guardian for any children etc – but also cover more specific and ‘non-standard’ requests.
If you’d like legal advice on making a Will, or you’ve been named as an executor of a Will and you’re not sure on what to do after a loved one has passed away, contact us to see how we can help on 0208 5324884.
Details
- Everything in a standard will plus address more complex issues.
- Give a gift (e.g. your house) to a person for their lifetime only.
- Stop a child receiving a gift until they turn a specific age, eg 21.
- Exclude people who would normally expected to be included (eg wife/husband or children).
- Provide for on-going care of a person with a disability.
Often, these more complex requests are where you want to give something to someone for a particular period of time or on certain terms. Here the law uses something called a ‘trust’ which our lawyers can help you set-up. For example, you may want to gift your house to your partner for their lifetime but, in the event they were to die, require it was to go to your children. Or you might want to provide for the care of someone with a disability without giving them the money/assets outright. Another circumstance covered by The Protector Plus will is where you want to stop someone who would normally be expected to receive inheritance from you (a child or a husband/wife) or stop them inheriting until they reach a certain age (eg 21 or 25 for children).
The range of potential circumstances or arrangements you can put in place is vast and our specialist, expert solicitors can talk you through your options and use their expertise to ensure your will correctly reflects your wishes and is valid.
To check that this is the right product for you and for details of your local Masons Law office and pricing use our Wills assistant.
Expert legal advice you can rely on:
- Wills and probate
- Barnardo's Will Scheme
- Contesting a will or inheritance
- Estate administration
- Wills and probate
- Inheritance and tax planning
- Making a will
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Notarial services for
wills and probate - Power of attorney
- Trusts
Wills and probate
Thinking about what will happen after you or a loved one dies can be a difficult thought, and one we might like to put off for as long as possible. The reality is, though, that the more organised and clear we are in our last wishes earlier on in life, the less distressing it will be if illness or accidents do suddenly strike.
Contesting a will or inheritance
When someone you love and care about dies, the last thing on your mind is likely to be the financial implications. However these will often become very important. Not least to make sure the wishes are followed of the person who died. And so that you your inheritance does not end up in the wrong hands.
Estate administration
Thinking about what will happen after you or a loved one dies can be a difficult thought, and one we might like to put off for as long as possible. The reality is, though, that the more organised and clear we are in our last wishes earlier on in life, the less distressing it will be if illness or accidents do suddenly strike.
Wills and probate
Thinking about what will happen after you or a loved one dies can be a difficult thought, and one we might like to put off for as long as possible. The reality is, though, that the more organised and clear we are in our last wishes earlier on in life, the less distressing it will be if illness or accidents do suddenly strike.
Inheritance and tax planning
Planning ahead for when you die allows you to set out clearly who should get what from your estate. Masons Law can help you think through your plans and their financial impact. Our aim is to ensure that your loved ones are cared for when you no longer can.
Making a will
1 in 4 wills in a recent study by the Legal Services Board failed their official assessment, meaning they were either completely invalid or didn’t properly reflect what the person wanted to happen. Getting the right person to prepare your will is vital.
Notarial services for wills and probate
If you’re dealing with wills and probate issues in a foreign country, you may find that you need to present English documentation to foreign authorities. If this is the case, it’s important to ensure your documents will be recognised. It may therefore be necessary to have the documents validated (notarised) by a Notary so that they will be accepted by a particular country’s authorities.
Power of attorney
1 in 4 wills in a recent study by the Legal Services Board failed their official assessment, meaning they were either completely invalid or didn’t properly reflect what the person wanted to happen. Getting the right person to prepare your will is vital.
Trusts
For many people, trusts are a useful way to assist in tax planning and to preserve assets. There are various types of trusts and they can be created during your lifetime or by your will.
Have a question or need some help? Call 0208 5324884
We have more specific information on:
- Protector
- Protector Plus
- Financial Protector
Protector
- Decide who gets what – leave gifts to friends, relatives or charities.
- Appoint a Guardian to take responsibility for any children.
- Set out any funeral wishes
- Appoint the person you wish to carry out your will.
- Free lifetime storage
(many firms charge an annual fee for this service). - Free signing service Mon-Sat (we provide independent witnesses to ensure your will is valid).
Protector Plus
- Everything in a standard will plus address more complex issues.
Give a gift (e.g. your house) to a person for their lifetime only.
Stop a child receiving a gift until they turn a specific age, e.g. 21.
Exclude people who would normally expect to be included (e.g. wife/husband or children).
Provide for on-going care of a person with a disability.
Financial Protector
- If you have assets (including property) over the Inheritance Tax threshold (currently £325,000) you may benefit from more detailed advice on how to minimise the tax paid through your will. If you own a business this may also be a more suitable option for you.
Our lawyers are experts in structuring your will to maximise the assets left to your friends and family, potentially saving you many thousands of pounds.