With the Covid-19 pandemic more people are asking themselves if they need a Living Will (also known as an Advance Decision or Advance Directive). We look at why you may want a Living Will, the process for setting one up and the benefits to family members.
With an accumulation of income and assets over the years, and generally decreasing outgoing expenditure, Grandparents can often find themselves in a privileged position where they can afford to provide some financial support to the lower branches of their family tree.
It has been widely reported that there has been a huge rise in the demand for Wills and Powers of Attorney since the beginning of lockdown. The Law Society of Scotland was quick to introduce protocols which allowed solicitors to take instructions and witness the signing of documents by video-conference. This has allowed us to continue to assist those who need our help to protect themselves, their assets and their families throughout the Covid-19 crisis.