The different types of Wills and other estate planning documents
A standard Will for one person.
Two “identical” Wills for partners, husbands and wives.
Ensures that your property is left to who you want. Can help to preserve the value of your home from care home fees.
DEED OF GIFT
A formal, legal agreement that transfers ownership of, and legal rights to, the items to be donated.
Indicates your wish to refuse all or some forms of medical treatment if you lose mental capacity in the future. Separate from a Will.
A multi purpose and very flexible document. They can mitigate probate costs and protect assets. Proper advice is essential. Separate from a Will.
LASTING POWERS OF ATTORNEY
Allows a person to nominate who can make decisions for them in the event of mental incapacity.
An essential document – everyone should have one. Completely separate from a Will.