The Different Types of Will and other estate planning documents

SINGLE WILL

A standard Will for one person.

MIRROR WILL

Two identical wills for partners, husbands and wives

PROPERTY PROTECTION TRUST WILLS

Ensures that your property is left to the people you want. Can be useful in protecting an estate from Care Home Fees

FAMILY TRUSTS & HOME PROTECTION TRUSTS

Used alongside a Will, this is a powerful and flexible document that can be useful in protecting assets and mitigating against probate costs etc

LASTING POWERS OF ATTORNEY (LPA)

There are two kinds of LPA, Property & Affairs and Health & Welfare, both documents allow a person to nominate who can make decisions for them in the event of mental incapacity, usually a family member or close friend. This is an essential document that everyone should have.

DEED OF GIFT

A formal, legal, agreement that transfers ownership of, and legal rights to the items to be donated.

GENERAL POWERS

Appoints someone to manage your property and financial affairs.

ADVANCE DIRECTIVES

Indicates your wish to refuse all or some forms of medical treatment if you lose mental capacity in the future.