Trust Drafting
Service
Power of Attorney
Telephone: 07570844750
Will Writing Service
Protect Your Wealth Secure Your Legacy
At Fortress Estate Planning, we work with clients to protect their wealth and secure their legacy. Let our Legally trained team help you navigate the complexities of estate planning to ensure your wishes are honoured, whether you require a Property Trust, Will or Power of Attorney we are here for you
Empower Your Future with Fortress Estate Planning
At Fortress Estate Planning, we understand the importance of securing your legacy and protecting your families future
Over £5 billion in inheritance tax is collected annually by HMRC. More than 54% of UK adults do not have a will in place
(as of recent surveys)
Increasing property values pushing more estates into the IHT threshold
(£325,000 for individuals, £650,000 for couples + RNRB)
Why use Fortress Estate Planning ?
A report by Independent Age estimated that since the year 2000, more than 330,000 older people have sold their homes to pay for care costs
Fortress Estate Planning
How Our Service Works
Call or email our office, we will then begin to build a picture of how best we can safeguard your hard earned wealth
We will use our expertise to guide you to the service best fits your needs
Once you accept our proposal the relevant documents will be drafted
Our most common services are:
Standard Will
Our Core Will Writing Services
A legally sound Will is the foundation of any estate plan. We offer professional Will Writing Services to ensure your final wishes are clearly documented and Legally binding. The process of Writing a Will with us is straightforward and thorough; covering all aspects of your estate.
- Standard Wills: A bespoke legal document detailing the distribution of your assets, which is then duly witnessed and securely stored.
- Mirror Wills: An ideal solution for couples who have identical wishes for their estate, ensuring both partners' intentions are reflected in parallel legal documents.
Property Trusts
The Importance of a Property Trust
A Property Trust is a powerful tool for asset protection, allowing you to place property and other valuable assets into a trust. This legal arrangement can help protect your home from being sold to cover care costs and ensures it passes to your chosen beneficiaries. Our experts specialise in drafting trusts that fit your unique needs, safeguarding your most significant assets for the future.
Power of attorney
Establishing a Lasting Power of Attorney
A Power of Attorney is a vital Legal instrument that grants a trusted individual the authority to make decisions on your behalf should you become incapacitated. We assist in drafting precise and legally compliant documents that detail your instructions, allowing your designated representative to manage your financial or welfare affairs, providing security for you and your loved ones.
Comprehensive Estate Planning Services in the UK
Here at Fortress Estate Planning, we provide expert guidance to help you protect your wealth and secure your legacy
Our Legally trained team is dedicated to navigating the complexities of Inheritance planning to ensure your and your loved ones wishes are meticulously honoured
From drafting a robust Property Trust to establishing a lasting power of attorney, we offer premier Estate Planning Services tailored to your specific circumstances
Why do I need a Will ?
Key reasons to have a Will
- You control your estate, not the government: A will allows you to decide who inherits your assets, including your home, savings, and personal belongings. Without a will, the law dictates who receives what, and the outcome may not be what you would have chosen.
- Unmarried partners have no automatic rights: If you are unmarried but living with a partner, they have no automatic legal right to inherit your estate under the rules of intestacy. This can lead to severe financial problems for your surviving partner.
- Appoint a guardian for your children: A will is the only way to officially name who you want to be the legal guardian of any children under 18 if you and the other parent die. Without a will, the court will make this decision.
- Prevent family disputes: By clearly outlining your wishes in a will, you reduce the chances of arguments and confusion among relatives during what is already a stressful time. This can protect relationships and make the process smoother for everyone.
- Provide for non-relatives and charities: A will allows you to leave gifts to friends, stepchildren, or any charities you wish to support. The rules of intestacy do not provide for anyone outside of specific blood relatives and married or civil partners.
- Minimise inheritance tax: Careful estate planning in your will can help to reduce the amount of Inheritance Tax your estate may have to pay. For example, leaving gifts to charity can help to lower the overall tax bill.
- Appoint your own executor: You can nominate a trusted and organised person to be the executor who is responsible for managing your estate and carrying out your instructions. If you die without a will, the court may appoint someone you would not have chosen
Why do I need a Living trust ?
What a living trust can achieve in the UK
Avoid Probate: Assets held within a living trust are not part of your estate when you die, allowing them to bypass the public and potentially lengthy and expensive probate process. This means beneficiaries can access assets much more quickly.
- Manage your affairs if you lose capacity: A living trust is effective immediately upon creation. If you become physically or mentally incapacitated, a successor trustee you've appointed can manage your finances and assets seamlessly, without court intervention. A Lasting Power of Attorney (LPA) can also serve this purpose, but it must be set up separately.
- Provide long-term control over asset distribution: You can use a living trust to set conditions on how and when your beneficiaries receive their inheritance, which is especially useful for providing for minor children or family members who may not be fiscally responsible.
- Protect assets from "sideways disinheritance": A living trust can ensure that if you die and your partner remarries, your children are not disinherited. For example, a trust can grant your partner the right to live in the family home for their lifetime, with the property automatically passing to your children upon their death.
- Provide for vulnerable beneficiaries: If you have a dependent with special needs, a trust can provide for them financially in a way that does not affect their eligibility for means-tested government benefits.
Why do I need a power of Attorney ?
Key reasons to have a Lasting Power of Attorney
- You choose who makes decisions for you. An LPA ensures that a trusted individual, rather than a court-appointed stranger, will manage your affairs. This gives you peace of mind that your finances and welfare will be handled by someone who knows you and your wishes.
- Avoids the Court of Protection. If you lose mental capacity without an LPA, your family must apply to the Court of Protection to become your "deputy". This is a complicated and costly process that can take months to resolve. During this time, your assets may be frozen, and no one can legally pay your bills.
- Empowers your loved ones. Without an LPA, your next of kin (such as your spouse) has no automatic legal right to make decisions for you regarding your health or finances. An LPA prevents your family from being excluded from important decisions.
- Covers both financial and health decisions. In England and Wales, there are two types of LPA that cover different aspects of your life:
- Property and Financial Affairs LPA: Allows your attorney to manage your money and property, including your bank accounts, bills, pensions, and selling your home.
- Health and Welfare LPA: Grants your attorney the power to make decisions about your daily routine, medical care, and where you live. This only takes effect if you lose mental capacity.
- Protects you against life's uncertainties. An LPA isn't just for the elderly or those with a specific diagnosis like dementia. A sudden illness or serious accident can happen at any age and leave you unable to communicate your wishes. You must create an LPA while you still have the mental capacity to make your own decisions.
Client-Centred Approach
We prioritise your needs and preferences throughout the entire planning process
Get in touch
Telephone: 07570844750
E-mail: info@fortress-estate-planning.com
Address:98 Windsor Road Carlton in Lindrick, Worksop, S81 9DQ