Wills & Trusts Lawyer & Succession Planning

Wills, Trusts and Succession Planning

What does a Wills, Trusts and Succession Planning solicitor do?

Planning for the future, and for what may happen in the event of your death, are important life decisions that we all have to make in our lifetime. Quite often, it can seem like a task that you may want to put off, or deal with another time. However, planning for what happens to your estate as soon as possible has many benefits.

Besides giving you peace of mind, planning for the event of your death will reduce upset and suffering for your loved ones. They will already be dealing with their loss, so why should they have to worry about your assets, or about Inheritance Tax?

By working with a private client solicitor, you can cement important decisions in writing about who you want to inherit your assets, and how they should be handled. Watermans solicitors offer Will writing services, and advise on inheritance tax planning and how to manage your digital legacy. Our team can also help you with appointing a Power of Attorney, should you ever become unable to make decisions or care for yourself properly.

Wills and Power of Attorney

Why are Wills and Power of Attorney important?

Writing a Will may be one of the most important documents you will ever create. By drawing up a Will, you are ensuring that your loved ones inherit what you would want them to, meaning you have a say in what happens to your assets after you die.

Although preparing a Will may not be nice to think about, it will give you peace of mind knowing that you can distribute your assets to the people that you want to receive them. It will also reduce further upset for your family and friends, who will already be mourning a loss. If you do not have a Will in place in Scotland, Scots Law will dictate how your assets are distributed. This could means further costs and uncertainty for your loved ones during an already difficult time.

Appointing a Power of Attorney is different to creating a Will, in that a Power of Attorney allows your loved ones to take care of you, your finances, and affairs if you become unable to do so for yourself. If you are temporarily or permanently unable to take care of your health, wellbeing and finances, having a Power of Attorney in place will ensure that you are being cared for by somebody who you trust to have your best interests at heart.

Having a Power of Attorney in place will reduce a lot of stress and difficulty both for you and your loved ones, making managing your affairs much easier.

Other private client services

What other private client services do Watermans offer?

At Watermans, our private client solicitors can also offer advice and assistance for services like Transfer of Title, Inheritance Tax Planning and what to do about your digital legacy. All of these are important when planning your estate, and what happens to your assets when you are incapacitated or have passed away.

To avoid causing undue stress for your loved ones during an already difficult time, we suggest scheduling a private client solicitor appointment as soon as you can.

It is not just in the later stages of life that you may need to think about having a these plans in place. If you fall ill at any point or face difficulty in making decisions about your affairs, it will give you peace of mind that your affairs will be in order.

Why Watermans?

Why should I choose Watermans for my Wills, Trusts and Succession Planning needs?

Our private client team at Watermans have your best interests at heart, as well as the knowledge and expertise needed to carry out these services. We offer straightforward legal advice, and help you every step of the way.

We take the hassle out of the legal side of things, so that you don’t have to worry. We pride ourselves on our personalised approach, and we endeavour to build true, meaningful relationships with our clients.

With over 30 years experience in the legal sector, we offer a professional legal service that suits you and your needs. Contact one of our private client team today, to start planning for your future.

We offer the following prices for our Will and Power of Attorney services;

• Single Will – £299 including VAT
• Mirrored Will – £539 including VAT

• Single Power of Attorney – : £380 including VAT and Registration Dues
• Mirrored Power of Attorney – £701 including VAT and Registration Dues

We also offer a Will and Power of Attorney package for the following prices;

• Single Package – One Will and one Power of Attorney
• £620 including VAT and Registration Dues

• Mirrored Package – Two Wills and two Power of Attorney
• £1060 including VAT and Registration Dues