Turner Little explains ‘Power of Attorney’

It’s a phrase most people have heard of, but do you know exactly what ‘Power of Attorney’ means? We’ve put together a handy breakdown of what it could mean for you and your family.
In simple terms, Power of Attorney is a legal document in which one person (known as the ‘donor’) gives other people (their attorneys) the right to act on their behalf.

There are different types of Power of Attorney, depending on how long you want it to be in action. An Ordinary Power of Attorney is a temporary convenience, while longer-term arrangements are known as Enduring power of Attorney (EPA) or Lasting Power of Attorney (LPA).

Read the article in full on the Turner Little Blog.

Do you have a will? Almost two thirds of adults in the UK don’t…

While everyone is aware that making a will is necessary, most people leave it on their ‘to do’ list. Research shows that almost two-thirds of UK adults don’t have a will, which means their estate could go to someone they haven’t chosen after they die. An estate covers more than you think – it’s not just property and money, it also includes all possessions and even dependent children can be involved.

At Turner Little, we know how important it is to have a plan in place for after your death, and we also understand it’s not always a priority for people busy with day-to-day life. Here’s why you must start planning for your dependents after your death.

Ten reasons why you should make a will

Everyone should have a will, especially if you have savings, investments or own your own business or a property. Around 56% of people who die in the UK every year do so without having made a will. Dying without a will (known as dying intestate) can mean that your wishes for your ‘estate’ aren’t fulfilled the way you’d want them to be and can cause problems for your loved ones. Even to the point that if you die intestate and without heirs, your entire Estate can become the property of the State.

Read Ten reasons why you should make a will in full on the Turner Little Blog