Lentells Limited

CHARD 01460 64441 | SEATON 01297 20584 | TAUNTON 01823 286274 | PAYROLL 01460 68700
chard@lentells.co.uk | seaton@lentells.co.uk | taunton@lentells.co.uk | payroll@lentells.co.uk

Client Portal

 

   

   Lentells24032022 LEPS Directors 14Lentells Probate logo

 

 

 

Wills

It is estimated that nearly two-thirds of adults have not made a Will. Some see it as morbid, unnecessary, complicated, time consuming, expensive or something to do in the future. At Lentells Estates and Probate Services, we are able to work with you offering advice and support on all the key areas you need to consider. 

Making a Will does not need to be complicated or expensive, but it will require some thought and planning. If you die without having made a Will that is 'intestate', your assets will be distributed in line with the law of the land. This may not be in accordance with your own wishes, but without a Will there will be no other option. Dying intestate can be a complex administrative process and as a result costs can mount up, ending up being far more expensive than making a Will in the first place. 

Not making a Will can be a costly mistake, but dying with a Will that is out of date can cause significant problems. Many people make their Will when they buy their first property, so it is only natural that situations will change considerably over the years. There are two ways you can update your Will:

  • You can start again from scratch if there are substantial changes you would like to make;
  • Add a Codicil. This is a way of adding new clauses to an existing Will and is best suited for making small amendments.

Lentells Estates and Probate Services can advise on the best method and ensure that you have considered all the implications of any amendments or additions. 

Lasting Power of Attorney

Attorney 

A Lasting Power of Attorney (LPA) is a legal document that allows you to appoint one or more persons to help you make decisions in the future regarding your welfare and financial arrangements should you have an accident, an illness or loose the mental capacity to make your own decisions. 

Making a LPA is just as important as making a Will as they serve two separate purposes and should not be considered as either/or. LPAs relate to management of your affairs during your lifetime, whereas Wills relate to the distribution of your estate following your death. There are two types of LPA's that can be put in place:

  • Health and Welfare - which appoints an attorney to make decisions regarding medical care needs such as moving into a care home, and life-sustaining treatment;
  • Property and Financial Affairs - which appoints an attorney to make decisions regarding managing a bank account and investments, paying bills, collecting benefits or a pensions and buying and selling property. 

At Lentells Estates and Probate Services, we can assist with both the procedure of completing the necessary paperwork as well as advising on all the areas you need to consider ensuring the LPA covers all possible eventualities. If you are writing or amending your Will it makes sense to consider putting a LPA in place at the same time. Alternatively this can be done as a separate exercise at a time to suit you.  

Lentells Podcast

Podcast Logo

Episode Two of the Lentells Podcast talks about Wills, Lasting Power of Attorneys and Probate. To listen to the Lentells Podcast please go to the podcast page of our website.

 

 


Testimonials

        

 
 

Chard Office

17-18 Leach Road 
Chard Business Park 
Chard
Somerset 
TA20 1FA

This email address is being protected from spambots. You need JavaScript enabled to view it.
01460 64441

Seaton Office

Kingsway
50 Fore Street
Seaton
Devon
EX12 2AD

This email address is being protected from spambots. You need JavaScript enabled to view it. 
01297 20584

Taunton Office

Ash House, Cook Way
Bindon Road
Taunton
Somerset
TA2 6BJ

This email address is being protected from spambots. You need JavaScript enabled to view it.
01823 286274