Wills and Powers of Attorney: Why Planning Ahead Matters

We have recently seen a significant rise in requests for appointments to discuss making a Will and/or establishing a Power of Attorney, following Martin Lewis’ comments earlier this month on the importance of having these documents in place.

Martin Lewis has emphasised that while many people understand the importance of having a Will, a significant number still do not. Without a valid Will, the distribution of your Estate is determined by law, which may not reflect your wishes. He has also highlighted that Lasting Powers of Attorney (LPAs) – covering both financial matters and health & welfare decisions – are arguably even more important. LPAs allow someone you trust to manage your affairs before you die if you lose mental capacity, whereas a Will only operates after death.

Many DIY LPAs are rejected due to errors, so it is vital to complete them correctly or seek professional advice. Martin Lewis has also pointed out that free or low-cost options are available, particularly by using Free Will Schemes making it easier and more affordable to put these plans in place.

The key message this March is clear: do not delay. Wills and LPAs should be set up while you are healthy and fully able to make decisions. Waiting until a health crisis or loss of capacity can result in uncertainty and additional stress for your loved ones.

At Passmores, we provide expert guidance to help you create legally sound Wills and Powers of Attorney tailored to your individual circumstances. Whether your estate is straightforward or more complex, we can ensure that your wishes are fully protected and legally enforceable.

If you would like to arrange an appointment or discuss your options, please contact us to schedule a consultation.