An Ounce of Prevention Is Worth a Pound of Cure
If you are searching for legal services that have your best interests at heart, you need to hire a reputed solicitor as soon as possible. Here are some services that a law firm will provide:
Who will look after your family after your death? Drafting a will can give you peace of mind knowing that your assets will be distributed responsibly and your loved ones will be taken care of. Hiring a solicitor will ensure that this critical document is drafted to protect both.
The solicitor will ensure that the content in the document provides the best tax benefits for your heirs and estate. In other words, a will that is drafted by a solicitor will stand up in court even if it is contested and your wishes will be carried out as you desire.
Buying a house is one of the most expensive purchases you can make. Do you really want to risk it by doing it on your own? A conveyancing solicitor will ensure that this financial commitment doesn’t go sideways. Whether you need to buy or sell a property, transfer equity, or re-mortgage, a legal representative can help you overcome and circumvent legal hurdles.
Besides offering expert guidance, a solicitor can also investigate title deeds, ensure there are no hidden loopholes in a contract before exchanging, and look over the mortgage offer. By hiring a conveyancing solicitor, you will have a legal expert on hand who can also assist you in other legal/financial issues. For instance, if you are drawing up a will by selling a property, you can hit two birds with one stone.
Lasting Power of Attorney
Even if you have a will drafted, who is going to make sure that your wishes whilst you are alive are met? If you fall terminally ill or are disabled, you may not be in any condition to make critical decisions on your own.
This is where Lasting Power of Attorney or LPA comes into the picture. A solicitor can draft an LPA that appoints a trusted individual (someone from your family or anyone you trust) to make decisions for you. You have three choices in this regard:
Health and Welfare LPA – you choose an individual who will make decisions on your behalf regarding your healthcare. This includes medical treatments.
Property and Financial Plan LPA – you choose a trustworthy individual to make decisions on how your property and wealth are managed.
If Left Too Late – this can be time-consuming, but it involves an application to the Court of Protection to appoint a Deputy who can make decisions on your behalf. However, the court has the final say.
If you are in search of these and other legal services, we at Jackson Longe Solicitors will not disappoint. As a niche law firm, we offer clients from all walks of life holistic legal service that is personalised according to specific needs.
©JacksonLonge May 2019