This week we launched our joint venture with Accord Legal Services.  Accord are a nationally recognised estate planning provider, specialising in Wills, Probate, Lasting Powers of Attorney, bereavement advice and a range of other estate planning services. Accord offers the professionalism and high standards of services expected from a solicitor’s practise, with the warmth and personalised advice of a local business, all at prices to suit any budget.They have helped thousands of people all over the country. With their team’s wealth of combined experience, Accord have helped thousands of clients all over the country. Whether a client has a modest estate or cumulative assets totalling millions of pounds Accord is well equipped to give tailor made advice to provide the best possible solution.

Accord operate on a home-visit basis. Their team of estate planning consultants can visit at a time to suit you, to discuss the value of your estate and what you’d like to achieve by making a Will and related documents.

There is no charge for a home visit, and any and all fees are agreed upon in advance, with no hidden charges.

Accord are proud to be the estate planning partner of the Hanley Economic Building Society. It is a privilege to be able to assist the Hanley’s clients with their estate planning affairs. Our estate planning representative will be present in-branch to provide advice and assistance, or to arrange a free home appointment.

Worthwhile Peace of Mind

Making a Will may not be at the top of everybody’s list of priorities, but it is nonetheless a vitally important step to take when planning for the future. A Will is the only way to ensure your wishes are heard when it comes to distributing your estate after you’ve gone; without one, you will be considered to have died ‘intestate’, which means the law will decide what happens to your hard-earned assets. This could mean your wishes go unheard.

The Hanley choose to work with Accord Legal Services to provide clients with a range of estate planning services.

Why do I need a Will?

Many people have several beliefs when it comes  to Wills that are incomplete, inaccurate or simply untrue. Here are the true answers to several commonly asked questions.

I’m married, so won’t everything go to my partner?

While it’s true that your partner will, under intestacy, inherit  what you leave behind, it isn’t always that simple. Third parties can make claims to your estate including family members who think they deserve a share- regardless of what you think! By making a Will, you can set out who you’d like to inherit- as well as who you don’t- as well as making special requests.

So whether you have a modest estate or assets totalling millions of pounds, Accord is well equipped to give tailor made advice to provide the best possible solution.

I don’t need a Will yet – I’m not old enough, am I?

Simply put, yes you are! Anybody over the age of 18 can make a Will, and the sooner you set out your wishes the better. Certain estate planning solutions require careful planning done long in advance, and the unfortunate truth is that we never know what is around the corner. Acting now ensures you are prepared, whatever happens.

Do I have enough money to warrant making a Will?

Everybody should have a Will, regardless of the size of their estate. Your Will serves a range of purposes aside from inheritance planning, too – you can set our guardians for young children, make funeral arrangements and more.

My circumstances might change, shouldn’t I wait?

Not at all- your Will can be altered if your circumstances change, and can be written to accommodate any changes. There may be a charge for more significant changes later on.

Wills are expensive aren’t they?

Not always- basic Wills can be made for as little as £120 for a Single Will and £225 for a Mirror Will. Further steps can be taken to give greater protection, which can be discussed in detail with your estate planning consultant.

The Main Reasons to Make a Will

  • Making a Will gives you greater control over who inherits after you’ve gone. You can set special conditions on inheritance, and even exclude those you don’t want to inherit.
  • Your Will allows you to name guardians for your children, should anything happen to you whilst they are still young.
  • If you’re not married, without a Will the law treats you as a single person, even if you’re in a relationship and are cohabiting with your partner. This may mean your partner receives nothing from your estate.
  • Through careful planning, you may be able to lessen the impact of Inheritance Tax, increasing the inheritance you can leave your loved ones.
  • A Will streamlines the process of inheritance for your loved ones, and reduces the chance of claims being made against your estate, which can cost thousands of pounds in legal fees.
  • You can make special provisions to pass on heirlooms and special items of importance.
  • You can also leave a legacy to a charity within your Will, and leave other special gifts to organisations.
  • You will be able to choose your executor, or several. These are the people who will ensure your Will is dealt with according to your wishes.

Estate Planning for Young Families

If you are a young adult or the parent of a young child, you may not be concerned about making your Will yet. However, it is vitally important to make a Will if you have assets to protect or children to look after. Your Will allows you to appoint guardians for your children; these are the people you nominate to look after your children should anything happen to you whilst they are still young.

Failing to make a Will means you cannot legally nominate these guardians, which means that if anything happened to you, your children would be placed in care until a suitable guardian is found. This may end up being someone you didn’t want to look after your children. For your own peace of mind, it is best to make a Will to nominate people you trust. In addition, steps taken to protect assets are more effective the earlier they are put in place – it is therefore never too soon to get started by making your Will.

Planning for Every Eventuality

Going into care is a major concern for many of us; everybody has had a relative or friend who has needed care at some stage. Long term care can be a minefield that’s difficult to navigate; many of our clients agree that is it helpful to have trusted experts in your corner to give advice and support. Whether you have concerns about your own care needs, those of a family member or just want to better understand the care system, Accord is here to offer tailor made assistance when you need it most.

Accord are also committed to offering our guidance after the loss of a loved one. When you enquire through the Hanley, you will have access to extensive bereavement advice from Accord, free of charge. Accord can advise you on the steps to take after the death of a loved one, being an executor and coping with the stress of bereavement advice from Accord, free of charge. Accord can advise you on the steps to take after the death of a loved one, being an executor and coping with the stress of bereavement.

Their consultants can see you in one of our branches or can provide a home-visit at no additional charge.  Any fees are agreed upon in advance with no hidden charges.

Call us on 01782 255000 or visit us in branch to arrange your appointment.


Financial Planning

Charlene Gentile

About the Author Charlene Gentile
Charlene is our Digital Marketing Specialist. With a wealth of marketing experience, she is using her expertise to help to communicate the variety of services we have here at Hanley Economic Building Society.

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