Planning your future and deciding what you would like to happen to your estate when you die can be difficult to think about. However, without careful planning and formally writing down your wishes using a Will and potentially an LPA, this can lead to difficulties for your loved ones. They may not be aware of your wishes in terms of funeral arrangements or legacies and dying intestate (without a Will) will mean the Rules of Intestacy will apply which could mean that your estate does not pass to your intended beneficiaries as you had hoped.
Having an LPA in place will support decisions if you are not able to make them and can be equally important as they can relate to decisions concerning medical and financial issues.
We would always recommend putting LPAs in place when you are drafting a Will as these documents generally sit hand in hand. LPAs are much easier to put in place before they are needed and allow a nominated person(s) to make decisions on your behalf. LPAs replaced Enduring Powers of Attorney (EPAs) which, if drafted before 2007, are still valid but both Wills and LPAs should be reviewed regularly to check that they still reflect your wishes and that details in them, such as named executors and attorneys are still valid.
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