FAQs

Frequently Asked Questions

If you don’t make a will, your assets will be distributed according to the Rules of Intestacy. Relying on this law rather than creating a will has disadvantages. The law decides who benefits from your estate.

Anyone over the age of 18 can make a will. In special circumstances under 18 are able to make one.

Of course, anyone who owns property, has a bank account, car, house, furniture or sentimental property etc. should make a will otherwise the Rules of Intestacy will apply to that estate.

If you marry or enter into a civil partnership after making a will, the will is automatically revoked unless the will expressly states that it is made in contemplation of the marriage or civil partnership. If you get divorced after making a will, the will remains valid but any gifts to, or appointment of, your former spouse will fail.

There is no legal requirement determining where a will should be stored however is recommendable to keep your will somewhere safe. You should not keep your will in a safety deposit box as your executors cannot access the will, we offer a membership scheme at Future Will safe were you can store your will with many benefits.

When someone dies without a will, they are said to have died intestate. In cases like this, the Rules of Intestacy apply to determine the administration and beneficiaries of the estate.

Executors are appointed by a testator in a will. They are responsible for dealing with the testator’s estate in accordance with his or her instructions. They will collect in assets, pay all debts including any Inheritance Tax, deal with any specific legacies and then distribute the remainder of the estate in accordance with the testator’s wishes.

You can have as many executors as you like, but the law only allows a maximum of four to act at the same time.

Yes, provided the will contains the appropriate wording. However, beneficiaries, or the spouses of beneficiaries, must not witness the signing of the will, as gifts to witnesses, their spouses or civil partners will not be allowed to stand.

An EPA is a legal document in which, prior to 2007, you give the legal right to one or more people, your attorneys, to manage your financial affairs and property. EPAs must be registered to be used if the donor is losing or has lost mental capacity.

If you wish to move home after placing your house into a family trust you can do so. The trustees would sign the paperwork and any surplus cash is still protected by the trust and will simply be added to any other savings and invested by your trustees. A normal conveyancing fee would apply.

An LPA is a completely separate document to the will. A will has no legal effect during your lifetime. An LPA has no legal effect after your death.

Everyone who owns assets should consider having a Lasting Power of Attorney. Homeowners are especially vulnerable should a co-owner become incapacitated. Each owner must have capacity to be able to sign documentation in relation to for example, the sale of a house or re-mortgaging. Like an insurance policy; it is better to have one and not need it than the other way around.

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Golden Words From Our Clients

I would like to say a big thank you to Future Wills, after a difficult time I wanted to make a will and take life insurance to protect my 4-year-old son, your consultant was professional, friendly and patient with me start to finish.

Miss L Harrison

My husband was in hospital for several months due to a sudden illness, he had majority of the income going into this account as he would usually ring up and pay the bills or transfer the money across to me. Luckily, Future Wills advised me to have this document in place, I was able to access his bank and make sure all bills were paid on time. One less problem to have at such a difficult time.

Private Client

After years of having go visit my father daily, we decided it was best we move him into a care home, he struggled to manage his bills and couldn’t quite understand the process of what was going on. The fact we have both types of Lasting Power of Attorney enabled us to choose the right home to look after him and we were able sort out his pensions, savings and property in order to fund for his care.

Private Client

My partner sadly had an accident and lost his mental capacity, the fact I was his attorney allowed me to re mortgage our home and sell the property in order to purchase a house to suit his mobility better. I would not have been able to do this without Lasting Power of Attorney in place.

Private Client

I was recommended to set up Lasting Power of Attorney for me and my Wife, I would like to say thank you for the advice. The reason I wish to thank Future Wills, should I ask my wife to prepare such document now, I believe she would not quite understand what is going on. However, this has been taken care of as we set them up whilst we were both happy and willing to prepare for the future.

Private Client

I was under the impression a Lasting Power of Attorney was mainly for people who has lost mental capacity. However, with my arthritis being so bad or not wanting to leave the house on some days. My attorneys can step in and help me with my tasks such as picking up my prescription for me, going to the bank and other physical tasks I struggle with now.

Private Client

I had a Will written over 4 years ago, I saw your new client offer and thought I would take advantage and update mine. I was made to understand why my Will is so important and learnt so much information I didn’t know before. I have recommended Future Wills to all my friends & family.

B Titmas

We saw a Will Writer a long time ago and made Mirror Wills, we decided to see Future Wills to review our current Wills, after a great meeting we decided Mirror Wills wasn’t the suitable option for us and made Protective Property Trust Wills many thanks to Future Wills and their team.

Mr and Mrs Wilson

I was very nervous about making my Will, it was something I put off for many years. However from the first phone call to returning my Will I was made to feel welcome and the service was very professional.

P Greengrass
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