Category: Wills Writing Solicitors

Are you close to Retirement Age or have you retired? If so protect your families wealth with a Family Asset Trust…

What will a Family Asset Trust do for you?

Family Asset Trusts and Wills - Free information pack I want to make sure the people I love are looked after when I’m no longer there to look after them myself. That’s why I chose The Will Associates.

Cheryl Baker
TV Presenter and Eurovision Winner

Why a Family Asset Trust in Wales?

Everybody wants to protect their assets for the benefit of their loved ones.  People are motivated to provide for their children throughout their lives and want what is best for them.  Many people will draft a Will hoping to ensure that the assets that they have worked hard to acquire during their lifetime, are passed on to their children and chosen beneficiaries after their death.

However, a Will can only dispose of the assets that you own at the date of your death and if the value of these is eroded during your lifetime, there will be little if anything left for your beneficiaries to inherit.

Lifetime Family Asset Trusts

Lifetime Family Asset Trusts in Wales are specifically designed to protect your assets for you during your lifetime. They give you the peace of mind that your estate can be passed on securely and intact to your spouse, your children and their bloodline, or other named beneficiaries, after your death.

Getting a Family Asset Trust is one of the most important decisions you’ll ever make.

During your lifetime

Once the Trust has been created, you can use it to ‘ring-fence’ your assets.  Most people will protect their home and their savings, leaving capital in their bank or other savings accounts for ongoing living expenses.  Income from savings protected within the Trust can be paid directly into your bank account to supplement income from earnings or pensions.

Just like a safety deposit box, assets can be added and removed from the Trust during your lifetime. If you have large expenses that cannot be met out of normal income, like a new car, holiday, or house repairs, the appropriate sum can be transferred to your bank account from the Trust.

You are named as the ‘Principal Beneficiary’ of the Trust and retain full control of the assets within the Trust while you are alive and have mental capacity. You are free to move home, or release equity from the Trust at any time.

As the Principal Beneficiary of the Trust, you have a guaranteed right of occupation in the property for the remainder of your life. The Trustees, usually your children, cannot evict you under any circumstances.

You can direct the Trustees to sell the property and to buy a new property of your choice.  If the new property you are acquiring is more expensive, the Trustees can only be required to buy the new property if the additional capital required is paid into the Trust by you.

The Trust is equally applicable to married couples and to single people.

Don’t take the risk – make sure the right people inherit your wealth.

Trusts for if you lose mental capacity

If you lose mental capacity, the law states that you are no longer allowed to manage your own affairs.  Assets held within the Trust will then be managed by your Trustees on your behalf.  Your Trustees can effectively ‘stand in your shoes’ to make decisions on your behalf but these must be for your benefit.  They are able to add or remove assets or use the income from the Trust to help you and improve the quality of your life.  Assets held outside the Trust will fall under the control of the courts. Creating a Lasting Power of Attorney will enable the people you choose to manage the assets that you own outside of the Trust.

If you go into care

If you go into care, and you do not have a spouse or dependant relative living in your home, you will need to decide whether to sell it or to rent it. If you have gone into care and have lost mental capacity, your Trustees will need to make this decision for you. If the property is sold, the proceeds will continue to be protected within the Trust and can be invested and you will normally receive the interest or income earned on the invested capital.

After your death

After your death, the Trust continues to work to protect your assets for your beneficiaries. The Trust can continue to hold the assets safely within it, or pay them out to the specified beneficiaries. The Trust is extremely flexible after your death and has the potential to continue protecting your family for 125 years from the date it was created. That means that all of the benefits described in this document can not only protect you and your children but can also protect your grandchildren and great-grandchildren.

Our trained Consultants can assess your current circumstances and recommend the products that will provide the correct protection for you, your family and your assets.

What else can our Family Asset Trusts partners offer…

Our Family Asset Trust partners are a rapidly expanding company, regularly advertising in the national press and on television, which has helped to cement their vision as a company serious about their customers’ welfare.

In addition to Family Asset Trust services they also offer many other services that help protect children, parents and properties against state interference.

Our trained Consultants can assess your current circumstances and recommend the products that will provide the correct protection for you, your family and your assets.

What areas of the UK do we provide our Family Asset Trusts services to?

We can provide Family Asset Trust services to people in Wales as well as South West England, South East England, West Midlands, East Midlands, North West England & North East England.

You’ve worked hard for what you have. Make sure you keep it by getting a Family Asset Trusts in Wales or elsewhere in the UK….

Getting a Family Asset Trust today is easy to do – and we can help you every step of the way.

Either Request a meeting with one of our Family Asset Trust specialists by completing the contact form or you can order a copy of our 7 easy steps to protecting your family and your wealth document.

If you have any further questions you could email maconsultancy1@gmail.com or to get a Family Asset Trusts in Wales you could call MA Consultancy on: 07517 024979.

In addition to Family Asset Trusts in Wales our partners can also provide the following services:

Get a Will Today | Funeral Plans | Lasting Powers of Attorney | Business LPA’s

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5 Reasons why you need a Will?

4 Reasons why you need a Will

It is very easy to make a Will and having a Will in place will save your family unnecessary distress and heart ache at an already difficult time.

Please find 5 reasons why you should have a Will…

5 reasons why you need a Will – No. 1

Having a Will makes it much easier for your family or friends to make all the necessary arrangements when you die.  Without a Will the process can be more time consuming and more stressful.

5 reasons why you need a Will – No. 2

If you do not write a Will, everything you own  will be shared out in a standard way defined  by the law.  This might not be the way that you might want your estate (property & assets) to be shared out.

5 reasons why you need a Will – No. 3

A Will can help reduce the amount of Inheritance Tax that may be payable on the value of the property and money you leave behind.

5 reasons why you need a Will – No. 4

Writing a Will is especially important if you have children or other family who depend on you financially, or if you want to leave something to people outside your immediate family.

5 reasons why you need a Will – No. 5

Writing a Will is especially important if you live with a long term partner and are not married.  Their is no such thing in Law as a “Common Law Wife” if you want to leave something to a long term partner then you should have a Will.

If you are looking for a Will you should take a look at our Will Writing Service and other Estate Planning Consultancy Services for England & Wales.

In addition to Wills we also offer these other Estate Planning products & services:

Estate Planning Products

  • Standard Will / Last Will & Testiment
  • Mirror Wills
  • Safe Document Storage including Annual Will Storage and Life Time Will Storage
  • Probate & Pre-paid probate
  • Asset Trusts
  • LPA’s / Power of Attorneys
  • Business LPA’s  / Business Power of Attorneys
  • Memorandum of Wishes
  • Severance of Tenancy
  • Life Interest Trust
  • Protective Will Property Trust

Estate Planning Services

  • Will Writing Service
  • Asset Trust Writing
  • Lasting Power of Attorney Provision (Provision of LPA’s)
  • Business LPA Provision (Provision of Business LPA’s)
  • Preparation of a Memorandum of Wishes
  • Severance of Tenancy Services
  • Life Interest Trust Writing Services
  • Protective Will Property Trust Writing Services
  • Annual Will Storage Services
  • Lifetime Will Storage Services

Should you like to book a free consultation with an Estate Planning Consultant to discuss a Will or any of the other products or services please call: 07517 024979 or Email: michael.armstrong@willassociates.co.uk .

The 5 reasons why you need a Will page was written “By Mike Armstrong”

Cardiff Solicitors

Are you looking to find a Cardiff Solicitor?

This is a page dedicated to anyone looking for Cardiff Solicitors, or information about organisations or people providing legal services in Cardiff or the wider South Wales area.  If you find the type of Cardiff Solicitor that you require in the section below please click on the link within that section.

As a Cardiff Marketing Agency we work with a number of Solicitors and providers of Legal services in Cardiff or the wider South Wales areas so we have decided to create a page dedicated to these Cardiff Solicitors and the legal services that they provide.

Cardiff Will Writing Solicitors

We work with a National Provider of  Wills and Will Writing services who have dedicated Will Writing consultants in the Cardiff and wider South Wales area who can work with you for your will writing requirement.  They provide standard Wills and Mirror Wills (Wills for couples) as well as specialist trusts and other financial planning services.

Cardiff Probate Solicitors

Our National Partner also has Probate Solicitors who provide pre-paying for probate services.  We have dedicated probate consultants in the Cardiff and wider South Wales area who can work with you for your pre-paid probate requirements.  These specialist probate consultants can demonstrate how much money you could save for your estate, by prepaying your probate in advance.

Cardiff Trust Solicitors

Our National Partner also has specialist Trust Solicitors and Asset Trust Solicitors who can provide you with the right Trust, Asset Trust, Property Trust or Disability Trust for your circumstances.  Our dedicated Cardiff based Trust Consultants can meet with you to discuss your individual requirements and to provide you with the best Trust for you and your circumstances.  Many Trusts, if written right and in plenty of time advancement can provide your assets with protection against care home fees as well as many other benefits.

Cardiff LPA Solicitors

Our National Partner also has LPA Solicitors who provide Lasting Powers of Attorney (LPA’s) for people in Cardiff, South Wales and the rest of the UK, as well as Business LPA’s for Directors and Business owners in Cardiff, South Wales and the rest of the UK.  If you are looking to discuss your LPA or Business LPA requirements we can send you a specialist LPA consultant who can discuss your requirements further with you.

Cardiff Property Solicitors

Our Cardiff Property Solicitors cover all of England & Wales and have fully trained legal representatives near to all the courts of England & Wales including those in Cardiff and the rest of South Wales / Wales.

Cardiff Landlord Solicitors

Our Cardiff Property Solicitors specialise in Landlord & Tenant Legal Services so can also be referred to as Landlord Solicitors.

Cardiff Tenant Solicitors

Our Cardiff Property Solicitors specialise in Landlord & Tenant Legal Services so can also be referred to as Tenant Solicitors.

What areas of Cardiff do our Cardiff Solicitors cover?

We can provide Cardiff Solicitors and their legal services to people in all of these areas of Cardiff and the wider South Wales area:

  • Solicitors in CF1 – Cardiff
  • Solicitors in CF3 – Rumney & Trowbridge, Llanrumney, St Mellons, Castleton, Marshfield
  • Solicitors in CF5 – Ely, Caerau, St Fagans, Culverhouse Cross, Canton & Leckwith, Fairwater, Danescourt, Llandaff, Riverside
    Wenvoe, Peterston Super Ely, St Georges Super Ely, Michaelston 
  • Solicitors in CF10 – CARDIFF CITY CENTRE (part of), Grangetown, CARDIFF BAY (part of) & Butetown
  • Solicitors in CF11 – CARDIFF CITY CENTRE (part of), Canton, CARDIFF BAY (part of), Grangetown
  • Solicitors in CF14 – Birchgrove, Whitchurch, Thornhill & Lisvane, Rhiwbina & Pantmawr, Gabalfa, Heath, Llandaff North, Llanishen
  • Solicitors in CF15 – Pentyrch, Gwaelod-y-Garth, Creigiau, Radyr, Morganstown, Tongwynlais, TAFFS WELL, Nantgarw, RCT, Groeswen, Caerphilly
  • Solicitors in CF23 – Llanishen, Cyncoed, Pentwyn, Penylan, Pontprennau & Old St Mellons
  • Solicitors in CF24 – CARDIFF CITY CENTRE (part of) & Cathays, Roath & Plasnewydd, Splott, Adamsdown
  • Solicitors in CF30 – Cardiff, 
  • Solicitors in CF31 – BRIDGEND TOWN, Brackla, Coity, Pen-y-Fai
  • Solicitors in CF32 – Cefn Cribwr, Laleston, Merthyr Mawr, Ogmore Vale, Tondu, Sarn, Ynysawdre, St Brides Minor, Pontycymer,Llangeinor, Garw Valley, Blaengarw, Blackmill, Bettws, Aberkenfig, St Brides Major, Vale of Glamorgan
  • Solicitors in CF33 – Cornelly, Pyle
  • Solicitors in CF34 – MAESTEG TOWN, Llangynwyd, Caerau, Nantyffyllon
  • Solicitors in CF35 – BRIDGEND: PENCOED TOWN, Coychurch, Llangan, VALE OF GLAMORGAN: Ewenny
  • Solicitors in CF36 – PORTHCAWL TOWN, Nottage, Newton
  • Solicitors in CF37 – PONTYPRIDD TOWN including Cilfynydd, Glyncoch, Graig, Treforest, Hopkinstown, Trallwng, Maesycoed, Pwllgwaun, Hawthorn, Rhydfelen, TREHAFOD,
    YNYSYBWL & Coed-y-Cwm 
  • Solicitors in CF38 – LANTWIT FARDRE, CHURCH VILLAGE, Tonteg, Efail Isaf, BEDDAU & Ty Nant
  • Solicitors in CF39 – Rhondda Area (RCT): PORTH TOWN & Llwyncelyn, CYMMER & Glynfach & Trebanog, YNYSHIR & Wattstown, Dinas (part of), Taff-Ely Area (RCT): TONYREFAIL TOWN & Coed Ely & Thomastown, GILFACH GOCH, BRIDGEND:
    Evanstown
  • Solicitors in CF40 – TONYPANDY TOWN, TREALAW, PENYGRAIG, Dinas (part of), Williamstown, Cwm Clydach, LLWYNYPIA, Taff-Ely Area: Penrhiwfer
  • Solicitors in CF41 – PENTRE, Ton Pentre, YSTRAD & Gelli
  • Solicitors in CF42 – TREORCHY TOWN & Cwmparc & Ynyswen, TREHERBERT & Blaencwm & Blaenrhondda 
  • Solicitors in CF43 – FERNDALE TOWN & Blaenllechau, TYLORSTOWN & Penrhys, Pontygwaith & Stanleytown, MAERDY 
  • Solicitors in CF44 – ABERDARE TOWN, Cwmaman, ABERAMAN, LLWYDCOED, Cwmbach, HIRWAUN, Penywaun, RHIGOS,Penderyn
  • Solicitors in CF45 – MOUNTAIN ASH TOWN, ABERCYNON, PENRHIWCEIBER
  • Solicitors CF46 – MERTHYR TYDFIL: TREHARRIS TOWN, Quakers Yard, Bedlinog, CAERPHILLY: Nelson 
  • Solicitors in CF47 – MERTHYR TYDFIL TOWN, Gurnos, Penydarren
  • Solicitors in CF48 – Cyfarthfa, Pant, Merthyr Vale, Troed-y-rhiw, Vaynor, Pentrebach 
  • Solicitors in CF61 – LLANTWIT MAJOR TOWN, Llan-maes
  • Solicitors in CF62 – BARRY TOWN (part of), Rhoose, St Athan, Llancarfan, Barry Island
  • Solicitors in CF63 – BARRY TOWN (part of), Cadoxton, Barry Docks
  • Solicitors in CF64 – PENARTH TOWN, Dinas Powys, Sully, Llandough
  • Solicitors in CF71 – COWBRIDGE TOWN, St Brides Major, Welsh St Donats, Pendoylan, Llandow, Colwinston, Llanblethian, Penllyn, Llanfair
  • Solicitors in CF72 – PONTYCLUN, LLANTRISANT TOWN, LLANHARAN, Talbot Green, Brynsadler, Miskin, Brynna, LLANHARRY
  • Solicitors in CF81 – BARGOED TOWN, Aberbargoed, Darran Valley, Gilfach, Pontlottyn 
  • Solicitors in CF82 – HENGOED, Cefn Hengoed, YSTAD MYNACH TOWN, Gelligaer, Maesycwmmer
  • Solicitors in CF83 – CAERPHILLY TOWN, Abertridwr, Senghenydd, Bedwas, Trethomas, Machen, Llanbradach, Pwllypant, Penyrheol,Energlyn, Trecenydd, Rudry

If you are interested in Cardiff Solicitor services in any of these areas of Cardiff or the greater Cardiff area in South Wales please visit their websites via the link in the appropriate section for what you require.

Other Cardiff Solicitors

If you are a Cardiff Solicitor for other areas of Law not already covered and you would like to be featured on our Cardiff Solicitors page please email: maconsultancy1@gmail.com .

The Cardiff Solicitors post was written “By Mike Armstrong”