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A proper estate plan considers matters such as how you own your assets, for example some assets may be more effectively dealt with if jointly owned or transferred to a trust or other structure. An estate plan needs to be considered in detail and tailored to suit your circumstances.
An enduring power of attorney appoints someone you trust to make decisions about your finances if you are alive but in any way incapacitated and unable to make decisions yourself.
An enduring power of guardianship appoints another person to make personal decisions such as where you are going to live, who is going to look after you or what medical treatment you should have. Without an enduring power of guardianship you lose control over who will make those decisions for you.
A will sets out how your assets are dealt with upon your death, however it is only a part of your estate planning.
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More Information
For further information about our range of services please refer to our publication - Estate Planning
Talk to us
If you would like to arrange an appointment or find out more information about how we can help you prepare powers of attorney, enduring powers of guardianship, or wills, please contact us.
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