The difference between a Will and a Lasting Power of Attorney (LPA)
A power of attorney is the opposite of a will –they couldn’t be more different. The power of attorney we’re talking about here is called a Lasting Power of Attorney. A will protects your beneficiaries’ interests after you’ve died, but a Lasting Power of Attorney protects your own interests while you’re still alive – up to […]
Should I make a Power of Attorney?
In the event that you are no longer able to manage your own affairs, a Lasting Power of Attorney (LPA) enables your chosen individuals to handle your personal and financial matters on your behalf. There are two types of LPA: Property and Financial Affairs LPA grants authority to manage bills, property transactions, and financial accounts, […]
Can I pass a specific item across in my Will?
In a word YES! By assigning specific assets in your will, you can ensure the security and protection of your legacy for future generations. A well-thought-out estate plan not only guarantees that your wishes are carried out but also minimizes disputes among family members, helping to preserve harmony during a difficult time. One crucial step […]
What is Probate and why do I need it?
After a person has passed away, probate is the legal procedure to confirm the validity of their will and grant their chosen representatives the authority to manage their assets and estate. What is the process for probate? The process varies based on whether the deceased had a Will. However, the outcome remains consistent – the […]
WHY CHOOSE NENE LEGAL
Making a Will is a big choice that needs serious thought. It’s important to pick a company with top qualifications. At Nene Legal, we’re proud FULL MSWW members of The Society of Will Writers because we know how crucial it is to offer great services. When you choose us, you can rely on us to […]
How do I choose an executor?
The process of choosing an executor for your will is a significant decision that demands thoughtful deliberation. The executor holds the important responsibility of overseeing your estate and ensuring that your final wishes are fulfilled. This article will provide key factors to consider when making this important decision. 1: Trustworthiness The most important thing to […]
CAN I CHOOSE WHO WILL CARE FOR MY PETS
Don’t overlook your pets when writing your Will! With a significant 62% of households in the UK owning pets, it’s evident that animals play a crucial role in our estate planning. Most pet owners want to ensure that their beloved companions are taken care of even after they pass away. So, what exactly can a […]
