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ALL THE LATEST NEWS, VIEWS AND STORIES FROM AROUND YOUR LOCAL AREA:FEBRUARY/MARCH


Estate Planning www.estateplanning.coop.co.uk


Richard Johnson Safeguarding Assets


01900 85269 07745 225 491


Richard.Johnson1@coop.co.uk


AN OUT OF DATE WILL?


There are some obvious drawbacks to having an out of date Will still in place. People may have pre- deceased you, legacy amounts may seem very small and your circumstances may have changed significantly. Furthermore, it was very common in the past for Wills to be written ‘for free’ by a Bank or a Union and for that organisation to have appointed themselves as the Executors of the estate. Some of these organisations are no longer providing this service. Some of them charge substantial fees for doing so. Ever wondered why the Will was written ‘for free’?


Many people who have these types of Wills now have grown up children who can be the Executors or they have estates the administration of which will be straightforward. You can now apply for Probate online in most circumstances. Furthermore, the Wills that typically were written by Banks or Unions are basic Wills that offer no protection or safeguarding of assets. By the time the survivor of a couple has spent a few years in Care and the fees for the administration of the estate have been taken out the intended beneficiaries can receive precious little.


It does not need to be like this. Estate Planning (often called ‘Inheritance Planning’) is all about the preservation of assets, be they property or savings, for the intended beneficiaries. If you would like a meeting to discuss your estate planning then please get in touch. I usually visit people in their own homes. I do provide evening appointments if that is more convenient for you. All documentation is provided by Co-op Legal Services, a company regulated by the Solicitors Regulatory Authority. I have 15 years of experience working in this field and I am based just outside Cockermouth in the Vale of Lorton.


Richard Johnson 01900 85269 or 07745 225 491


Richard Johnson Estate Planning Practitioner


WWW.COCKERMOUTHPOST.CO.UK


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For details just call or drop us an email For all bookings email


info@honestlawyerrestaurant.co.uk or leave a message on 01900 824888 and we will get back to you


www.honestlawyerrestaurant.co.uk No.2, Main Street, Cockermouth CA13 9LQ


ISSUE 439 | 27 FEBRUARY 2020 | 11


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