Support for Later Life and Estate Planning
Later life and estate planning continues to be a rapidly growing area of advice in the UK and, with an ageing population, has never been more relevant.
Farani Taylor is a full service law firm with legal expertise in family and inheritance law. It works in partnership with financial advisers to support their financial and estate planning services.
This service works in conjunction with the rest of our range of Partner Services, to create a comprehensive estate plan encompassing all aspects of legal, tax and financial planning.
Support and Peace of Mind
Through Farani Taylor, you will have nationwide access to legal consultants wherever your clients are based.
To ensure that your clients’ demands and needs are met and that all advice is appropriate and suitable.
You may discuss your clients’ needs on a non-committal basis with an adviser from Farani Taylor.
When you are ready to introduce a client, a legal adviser will make contact with your client and arrange an appointment to:
- conduct a full review of your clients’ legal circumstances
- provide appropriate legal and estate planning recommendations
Once an instruction has been received, the legal adviser will usually produce high-quality documents within a week.
Any opportunities for financial or investment advice will be automatically referred back to you
Available Services
Will Writing
Trusts
Power of Attorney
Deed of Variation
Charges for Services
| Wills | Trusts | Lasting Power of Attorney | |||
| Standard Single | £250 | Property Protection | £950 | Health and Welfare | £250 |
| Mirror | £350 | Children's | £100 | Property and Financial | £250 |
Your Will
A Will states who inherits your estate. Without one, you die intestate and your estate is distributed according to the rules set by law. These rules do not cater for your specific wishes and can mean family members may benefit when you would prefer them not to do so. In some circumstances your assets may go to distant relatives you have never met or even pass to the Crown.
Although everyone knows they should have a Will, 60% of the UK adult population do not have one. Of the 40% that do have a Will, 1-in-4 do not reflect their wishes or are simply not valid. Often that is due to change of circumstance or not signing the Will properly.
Making a Will is the only way to make sure that your estate goes to the right people.
Your Lasting Power of Attorney
Lasting powers of attorneys (LPA) are thought to only be useful and appropriate for use with the elderly. However, this is a misconception that needs to be addressed and the younger generation need them too, especially those who participate in sports and other physical activities.
Currently only 6% of the population have either a LPA or Enduring Power of Attorney (EPA). They are a protection product as important as any other you have such as life insurance or buildings insurance.
A LPA is a legal document that enables an attorney the legal authority to look after your affairs or make decisions on your behalf if you are incapacitated or unable too. Conditions can be specified in the LPA, so your attorney acts in your interest.
Farani Taylor is an innovative law firm built upon strong client centric values and a passion for delivering excellent client service through the use of efficient market leading technology.
Its core principles are: providing excellent customer service, delivering what it promises and enhancing and reflecting the values of its customers, business partners and stakeholders.
Farani Taylor demonstrate a commitment to: ethics and integrity, personal accountability, finding solutions to achieve best results for all, brand and quality, humility, continual improvement, simplifying processes, delivering outcomes, being best in class and innovation.
We chose to partner with Farani Taylor because we share a client centric ethos and holistic approach to helping clients.
Farani Taylor Solicitors is authorised and regulated by SRA.
Learn More
If you would like to find out more about our Legal Services and how it could help you create an estate planning foundation for your clients, please complete the form on the right-hand side.