Absolutely no hidden costs. Payment is only due on completion of all work undertaken and when everything has been completed to your total satisfaction.
The role of the Institute has been to:
• To set and maintain high professional standards for the Willwriting profession.
• To increase public awareness of the skill and integrity of its members.
• To promote the concept of Willwriting both to the general public and to corporate bodies.
• To ensure that the public is protected from unqualified and unregulated practitioners.
Membership of the Institute is open only to those professional Willwriters who pass the IPW Entrance Examination and agree to be bound by the IPW code of standards and conduct.
Members are regulated to ensure that they keep abreast of changing legislation and case law reports relevant to the profession of Wills and Estate Planning and as such must complete a regulated amount of time each year on Continuing Personal Development (CPD).
IPW members must hold Professional Indemnity Insurance cover to the value of £2 million for any one claim through the Institutes own, or another approved insurer.
IPW members are subject to strict rules governing standards and conduct. Any member in contravention of these rules can be subject to a disciplinary hearing and, if found guilty, can be expelled from the membership of the Institute.
Being a client of an IPW member ensures that you will receive a comprehensive, professional service of the highest standard. You will also have the peace of mind of knowing that your consultant’s ability and conduct are regulated by the IPW.
If you die without making a Will, your estate will be distributed under the Law of Intestacy. Amongst the many pitfalls that may ensue, these include:
These things include:
If your Will ever falls into the wrong hands, this person may destroy your Will to make a claim on your estate through the courts!
1. Your Will and any other relevant legal documents, such as Lasting Powers of Attorney or property deeds can be stored in waterproof wallets in a specialist document storage archive.
2. While your documents are with National Will Safe they are fully insured against loss or damage. If anything happens to your documents, they will be recreated and replaced to you free of charge.
3. If your Will is lost or damaged after your death, or its loss or damage only comes to light after your death, then your Executors are insured for up to £2million to compensate your estate and it’s beneficiaries.
4. You can access your documents at any time – free of charge. These documents can be returned to your executors, attorneys or to you, using an insured delivery service.
5. All location of your documents are automatically recorded on the National Wills Register.
Certainty is the longest-established and by far the largest register in the UK. Thousands of Will writing professionals and the public use Certainty to register Wills and search for Wills prior to distributing the estate. Registering your Will is an essential part of the Will making process and you should ensure you do so with a long-standing register with impeccable credentials.
Certainty Will Search is proven to reduce the risk of distributing an estate during probate on an assumed intestacy basis or when a Will or later Will may exist. There are many reasons why a Will may have been forgotten about, maliciously destroyed, or where an unknown later copy exists. Certainty Will Search provides a recommended and accredited search process that searches for registered and unregistered Wills to understand if a Will or later Will exists.
Certainty Will Registration is also proven to protect the Testator's beneficiaries by ensuring, through Certainty Will Registration, their Will can be found and their last wishes adhered to. Certainty does not disclose the existence of a Will or need to see a copy of it to register it. The existence of a Will is disclosed by the 'holder' (solicitor, etc) after a death has been confirmed by way of a death certificate.
In excess of seven million Wills are now in the system and continues to grow daily.
If your intention is to safeguard as much of the value of your property as you can against the potential of future possible residential care fees, the best safeguard is to let Ensured Wills sever the joint ownership and convert your method of ownership to an equitable “Tenants In Common”, thereafter, we will create a property protection trust in your Will offering a life interest in the property to the surviving spouse.Contact Us
If your spouse remarries after your death it is possible that their new spouse may inherit on their death and your children could get nothing! This is known as “Sideways disinheritance”. Contact Ensured Wills to protect your property and assets against sideways disinheritance.Contact Us
At the time of your death, if any of your intended beneficiaries receives local authority care benefits, is going through a divorce or bankruptcy or has an addictive dependency any benefit due to them can be protected rather than potentially lost.
Trustees of a discretionary trust have the ability to use the capital and income from the trust on a discretionary basis. The beneficiaries of the trust are decided by you but the distribution of the fund is left to the Trustees. Discretionary Trusts are particularly useful when leaving funds to vulnerable or disabled beneficiaries.
If you have children under 18 then any provision that you make for them will be placed in a Child Trust, which will be used to provide them with financial support. The Trustees manage the fund on behalf of your children and decide how the funds are used.Contact Us
Rights of Occupation allow you to ensure that loved ones are able to remain in your property after your death, even though they may not be the ultimate beneficiary. This is useful in the instance of a remarriage, where you leave your property to your children but wish for your new spouse to be able to remain living in it, or to protect a child who is still living at home.
Rights of Occupation can be put in place for whatever duration you choose – whether it be a set amount of time, indefinitely, or under certain conditions such as until remarriage or cohabitation.Contact Us
Most people don’t choose when they are going to die which means most beneficiaries can’t choose when they receive their inheritance. When the time comes it may not be the best time. For instance they may being going through a divorce or a bankruptcy and the inheritance may be lost during this process.
In addition, leaving an inheritance directly to a loved one may cause or worsen an inheritance tax situation and when they die be taxed at 40%.
By leaving an inheritance to beneficiaries in a Discretionary Will Trust (created on death), instead of leaving it to them directly, the money does not form part of their estate and is therefore protected against threats such as divorce or bankruptcy and does not form part of their estate for IHT purposes. They still have access to the money.Contact Us
An LPA can be used with your permission as soon as it has been registered with the courts. (The Office of the Public Guardian – OPG).
An LPA is a bit like an insurance policy – hopefully you will never need it, but if unforeseen circumstances arise and you cannot manage your own affairs, you have peace of mind knowing that your affairs will be taken care of by someone you have chosen, and someone you can trust.
Furthermore, it is much cheaper to take out an LPA now as a safeguard, than to wait until the need arises and have to apply through the courts.
Without an LPA anyone can apply to the courts to take over your financial affairs and it would be up to the courts to decide. This may result in the appointment of a person or persons that you would not have chosen yourself.
It is imperative that you take out an LPA as soon as possible because if you have an accident or illness that affects your mental capacity – it will be too late!