Professional Wills & Trust Writing Services.
People put off making a Will for a variety of reasons, either believing that the people they would wish to inherit will automatically do so, or because they don't think......more
You die, you leave everything to your partner/spouse and they eventually enter into a new relationship and subsequently get married. They then die themselves and everything of theirs then passes to the new spouse......more
POWER OF ATTORNEY
A Lasting Power of Attorney (LPA) gives your chosen representative the legal authority to take care of your financial affairs or make decisions regarding your health and welfare if you are unable to yourself.....more
YOUR HOME & CARE FEES
Concerned about your property being sold to fund your future care fees? It is sole and absolute ownership that enables a property to be taken into consideration as an asset by the local authority to be sold to fund care.....more
Professional Wills & Trust Writing Services
Thy Will Be Done (Spain) Ltd specialises in the complete protection of all of your assets, both during your lifetime and after your death.
Our trusted and highly qualified team is dedicated to listening to you and then guiding you in the compilation of some of the most important documents that you will ever sign.
Whether you are single, married, in a civil partnership or just living together you should seriously consider the following:
If you don’t currently have a will - you should contemplate the following:
- Do you have children under the age of 18 - where
will they live if you don’t specify your wishes in a Will?
- Is your property in joint
names – if not who will inherit your home if the legal owner dies without
(see our page on ‘what happens if you die without a Will’)
- How would your partner
survive if you died?
- Who stands to benefit most
if you die without a will? (see our page on ‘what happens if you die
without a Will’) – is this who you would choose?
- Did you know that even if
you are married or in a civil partnership, if you don’t have a Will, you
will NOT automatically inherit all of your spouse's estate – in some cases
you will only get the first £250,000 and a life interest in the remainder.
If you don’t currently have any assets placed in Trust - you should contemplate the following:
- What would happen if your
children divorced or were made bankrupt after inheriting your estate?
- Would you like to protect
their inheritance against being lost or significantly reduced if one of
these things happened?
- If you die and your partner
re-marries and then dies themselves – is your children’s inheritance
- Is your life insurance in
trust for the person you want it to go to or will it go into your estate
and potentially be liable for inheritance tax at 40%?
- If you or your partner
requires long term residential care will you be forced to sell your home
to pay for it?
Should you or your partner lose mental capacity - you should contemplate the following:
- Do you assume you will automatically
be granted Power of attorney for your partner should they lose mental
- Do you know that even if
you are married you will not get Power of Attorney automatically granted
- If you live alone who would
you like to make decisions regarding your welfare if needed?
- Do you want your affairs to
be controlled by the court of protection.
- Lasting Power of Attorney
has to be granted by yourself while you have full mental capacity, it
cannot be taken or assumed if you lose it – at that stage it is too late.
- What impact would being
forced to attend court to ask for the permission of a total stranger to
conduct your private family affairs have upon the quality of life of
yourself and your loved ones?
If you do not have anything in place to take care of your funeral - you should contemplate the following:
- The average cost of a
funeral is currently nearly £5000.
- This is something that
would usually need to be paid for well before any legacies that you may
leave would have been disbursed often putting significant financial
pressure upon your loved ones.
- Funeral prices have risen
over 40% in the last 5 years and the trend is not slowing.
- You can prevent all the
uncertainty and guarantee that all your funeral expenses will be taken
care of when the time comes by simply choosing the plan that’s right for
any of the above concern you then we strongly recommend you call us today and
start the process of putting all your affairs in order – your family WILL be glad that you did.
CMA launches market study into funeral market
June 7, 2018 at 01:44:00 PM
On 1 June 2018, the Competition and Markets Authority (CMA) announced that it has launched, a market study into the supply of funerals in the UK.More
People in retirement face a phenomenal crisis in later life
May 24, 2018 at 09:26:00 AM
A recent report from Zurich estimates 345,000 over 65s will fall foul of not having a a Lasting Power of Attorney in place which will prevent them from obtaining financial help should they become ill or lose mental capacity.........More
The most frequently asked questions about Wills
April 27, 2018 at 11:18:00 AM
None of my friends or family would have the skills required to perform the role of an Executor. What should I do?........More
Thy Will Be Done (Spain) Ltd introduce Professional Deputies to manage the property and financial affairs of adults who are deemed mentally incapable of doing this themselves
March 7, 2018 at 02:33:00 PM
Thy Will Be Done (Spain) Ltd introduce Professional Deputies to manage the property and financial affairs of adults who are deemed mentally incapable of doing this themselves, and have no family or friends that could or want to assist them with this vital day-to-day task. These adults are some of the most vulnerable members of society, and safeguarding their assets is at the heart of what we do.........More
The tax benefits of giving to charity
March 5, 2018 at 09:06:00 AM
Leaving a part or your entire estate to charity can reduce or eliminate the Inheritance Tax (IHT) liability on it. If you leave something to charity in your will, then it won’t count towards the total taxable value of your estate..........More
What to do if a will is missing
March 2, 2018 at 09:42:00 AM
Where it is known or believed that a will exists, all reasonable efforts should be made to locate it. If the will cannot be found contact should be made with any close relatives or associates of the deceased, such as financial advisers or accountants..........More