Our first meeting will be a general conversation about your personal circumstances, your finances (just a broad overview) and what you’d like the Will to say. It’s very informal so please don’t worry!
Yes, if they are old enough and in good health.
It is a legal document that lets you name people you trust to manage your finances or make decisions about your care. You can have a Lasting Power of Attorney that specifically deals with running your business too.
In this sort of situation, a Trust can be really useful. People think that Trusts are just for the super rich but there are lots of different types of Trust for lots of different situations; mixed families, care fees, inheritance tax planning and protection against divorce for example.
Just like “divorce” is the name of the process when a marriage ends or “conveyance” refers to a house being sold, “probate” is the name of the process after someone has died. It might involve closing bank accounts, updating the property ownership and paying for the funeral.
Each person will have their own Will.