Mental and physical incapacity can become a reality at any point in your life. A Lasting Power of Attorney is a legal document, recognised by financial institutions, which give your nominated attorneys the power to manage your affairs on your behalf. This can be limited to Property and Financial Affairs, Health and Welfare, or both.
Lasting Powers of Attorney do not mean that someone has total control over you. You can limit when the attorneys can act, for example only when you have lost capacity. (more…)
Ensuring your wishes are followed is vital and getting the right person to prepare your Will gives you the peace of mind this will happen.
At Sussex Law, our expert team take all circumstances into consideration and provide advice to meet your needs.
Have peace of mind
Writing a Will means you can put your affairs in order and leave clear instructions to assist the loved ones that you leave behind. You can name Executors to manage the administration of your estate and Guardians to look after any children you may have.
Reducing stress after you are gone
Having a Will in place can help prevent complications in the administration of your estate, reduce potential stress for those you leave behind and minimise family disagreements. You can also state your preferred funeral arrangements to make sure your loved ones know what your wishes are.
Protecting your assets
A Will can help minimise the effect of Inheritance Tax or residential care fees upon the value of your estate. This can help protect the value of your property or savings for future generations. Click here for a list of our current charges (more…)
Budget 2017. Stamp duty freeze saves first-time buyers up to £5,000 on £300,000 house.
The Chancellor announced today (22/11/17) that first-time buyers will not have to pay any stamp duty on the first £300,000 of any home that costs up to £500,000 with immediate effect, . This means that on a home worth less than £300,000, you will not be required to pay any stamp duty….(more…)