In our last blog we discussed why it is important to make a Will if you are starting a family. In the second part of this blog series we consider Powers of Attorney and Living Wills and why these are similarly important.
I know, I know – who wants to read about trusts!? It’s either too boring or too complicated to get into and nobody really has enough time in the day to delve any further. But, please humour me – trusts are actually quite interesting and could be extremely useful for you and your loved ones.
Making the decision to start a family is an important and exciting life event. For some people, fertility treatment will become a necessary part of the process, and if that is the case for you it may be even more important to consider the terms of your Will.
We discuss how you could ensure that your children’s financial situation was looked after should anything ever happen to you while they were still young.
We discuss the difficult question some parents might have to face: “Who looks after my children if I die?” and outlines what provisions parents can make to ensure their children are looked after should the unimaginable happen.