Responsible Estate Planning

How Estate Planning Works

Planning your estate is an important process. You should carefully consider each of your beneficiaries and what you would like to leave them. You must also carefully examine your situation with regards to unforeseen medical conditions, to ensure you are protected should you face difficult medical circumstances. Once confident in your decisions we are here to help you every step of the way.

Our estate planners will guide you through our process by:

1 | Advice

Speak to one of our qualified estate planners who will use their experience to help you thoroughly plan for whatever the future may hold. They will assess your personal situation and advise you on which services you need.
Remember, we won’t ever sell you anything you don’t need.

2 | Ask questions

We understand that estate legal matters can be confusing. Our estate planners will ensure your questions are answered clearly and without jargon.
Ask us anything and we’ll give you straight answers.

3 | Understand your options

Discuss your thoughts with your estate planner. We will make sure we fully understand your intentions and will talk to you about all the implications before you go ahead.

4 | Talk to your family

Some people like to discuss their decisions with the family, whilst others want to keep it private – this is entirely at your discretion.

5 | Fixing a price

Your estate planner will give you a fixed fee price to draw up your legal paperwork. At Responsible Estate Planning, unlike many high-street establishments, we don’t charge for any further help and advice, no matter how long it takes.

6 | Stating your wishes

Once you have clarified your wishes, your estate planner will take your instructions over the phone and give further advice where necessary.

7 | Creating your documents

Upon receiving final instructions, we draw up your documents and clearly mark where they must be signed, dated and witnessed. Your witnesses can be work colleagues or friends or neighbours who are not mentioned in the Will or named as attorneys.

8 | Storage

Once your Will has been written we will send a copy to you for safe storage.

9 | Amendments

It’s important to keep your paperwork valid. We recommended updating your will very five years or whenever there are any major changes in your life. If you need to amend or update your documents in the future, we can do this for a nominal fee (starting at £20 including VAT), as we already have your original instructions stored electronically.

Case Study

Patricia and Graham had been married for two years. Patricia had two teenage children from a recent divorce. Graham had no children, had not previously been married and owned his home before marrying Patricia, who lived with him after their marriage.

Patricia had received a settlement sum from her divorce and used the proceeds to fund the purchase of a buy-to-let property as an investment for her children in later life. Shortly after completing on this purchase, Patricia was tragically killed in a road traffic accident.

Unfortunately for Patricia’s children, she had not updated her will since being wed to Graham and Intestacy Rules dictated that the first £250,000 of her estate passed to Graham as her husband, rather than directly to her children as she wished.

Ducks in a row

Helping you get your ducks in a row

Contact our expert Advisers now