What is Power of Attorney

 

A power of attorney is very similar to a will except that where a will manages your affairs if you die, a power of attorney manages your affairs if you are incapacitated.If, at some point in the future, you suffer from some illness, dementia or injury that leaves you unable to manage your own affairs, then life can become very frustrating for those trying to care for you, particularly if they need to sell your house or cash-in your savings and investments to pay for your care. Even the daily chore of collecting pensions and paying bills can become impossible if nobody has the authority to represent you.
A power of attorney clears the way for those that you’ve appointed to deal with your financial affairs easily, making their life much less difficult. And, it’s much better than the alternative which is to place you under the control of the Court of Protection, meaning that your affairs will be managed by a “Deputy” appointed by the Court.

We can create a Power of Attorney for you at a fixed price of just £349. We’ll keep this on file for you and then if you need to use the documents at some point in the future, we can register them with the authorities then.

We know your free time is precious and you don’t want to have to take time off work to visit our office. We fit in with you. We can visit you in your own home at a time convenient to you. There is no need to take time off work or to allow the process of crteating a power of attorney, a chore.

Grays provide a local, friendly personal service at a very competitive price.

For further information or to arrange a meeting to see how we can help call 01242 255 125 or email us at joan@graysgroup.co.uk.

Inheritance Tax

If you have a lot of assets, one thing you might be concerned about is inheritance tax. Don’t worry, we can help. Our advisors are trained in all aspects of inheritance and estate planning. No matter what your concerns are, we can advise you on the best solution for your circumstances.
Many of us have complex issues that we’re worried about:
Perhaps you have a child from another relationship and you’re wondering how best to split your estate.
You have young children but you’re not sure who should care for them.
You have made a will in the past, but it’s not up to date and you need to change it
No matter what your issue is, we can help.

FREE Wills Guide

If you would like further information on wills, we've produced a handy FREE guide, click here for more details.

If you would like to find out more about inheritance tax and estate planning why not contact us today  on 01242 255 155 or email us at joan@graysgroup.co.uk to arrange a Will planning meeting.

Why make a will?

Simplicity

For those left behind when a loved one is lost a Will helps to reduce the hassle, which is important because they may not be in the best frame of mind to deal with it effectively.

Looking After the Children

If you have children under 18 you need to appoint legal guardians to look after them and you need to make arrangements to provide financial support for them. The only sensible way to do so is by making a Will and Grays will be able to offer guidance and suggestions on how best to provide for the children.

Inheritance Tax

When we visit you we’ll tell you what your potential Inheritance Tax (IHT) bill is likely to be, based on the value of your estate and how you wish to dispose of it.

Asset Protection

A properly constructed Will allows you to ring-fence assets after your death so that they are secured for the people that you care about. For example …
If your partner remarries after you die there is a very real danger that what was yours ends up in that new partner's family and not yours. Your Grays Will can ensure that what you leave goes only where you want it to go.
If you or your partner needs some form of nursing or residential care in later life your Grays Will can ensure that your estate is ring-fenced for your children or family and not completely swallowed up paying for that care.

Dependants

If you have handicapped or dependent children, or if you have elderly parents or friends that you care for, your Grays Will can make sure that those loved ones are protected even if you aren’t around. This is particularly important if you have mentally handicapped or learning disabled children who would be dependent on benefits after your death and we have very robust solutions for those circumstances.

Finally …

Having prepared over 10,000 Wills, we are confident that we can provide a high quality solution at a very competitive price of just £199.00 for a single Will and £249.00 for couples.

We know your free time is precious and you don't want to have to take time off work to visit our office. We fit in with you. We can visit you in your own home at a time convenient to you. There is no need to take time off work or to allow the process of making your will, a chore.

Grays provide a local, friendly personal service at a very competitive price.

FREE Wills Guide

If you would like further information on wills, we've produced a handy FREE guide, click here for more details.
Call us now on 01242 255 155 or email us at joan@graysgroup.co.uk to see how we can help you.