Honorato Legal Ltd
Altrincham
Altrincham
Customer care is our primary focus. Our priority is to build trust with our clients through transparency and integrity. We constantly push ourselves to be at our best, through our knowledge of the products and services in this legal sector, enthusiasm and hard work
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Last Will & Testament
A Will is the legal document which allows you to dictate who inherits your assets and who will be in charge of these matters on your death. It is also the document in which you can make specific gifts, pass on family heirlooms and arrange for the care of minors
Lasting Powers of Attorney
These are the two documents which allow you to choose who will make decisions on your behalf should you lose your capacity. Through these documents you appoint the people you trust as your attorneys. One of these documents covers Property & Financial Affairs and the other one covers Health & Welfare matters.
Setting up these documents avoids the need to apply for a Deputyship through the Court of Protection which is a very costly, lengthy and involved process.
Asset Protection Trusts
This is the legal entity which can ring-fence your assets and protects them for future generations.
Your home is often your biggest asset and the asset you most want to protect. Putting it into Trust is a process whereby you hand over the legal title of the property to the Trustees of your Trust. You still have the right to live in the property and enjoy it, and it can still be sold if you need to move, for example, but the Trust is managed by the Trustees in accordance with the Trust Deed (which outlines the rules and conditions of the agreement).
Advantages of setting up an Asset Protection Trust are that it can ring-fence your assets, protect personal assets from third party creditors such as business debts, protect assets against sideways disinheritance, and may mean that due to the size of your estate, it can save time and hassle for your Executors when dealing with your estate administration, resulting in reduced probate costs
Funeral Plans
It is never an easy time when a loved one passes away. The stress and anxiety that comes with having to arrange a funeral is being further increased as each year passes and the associated costs rise.
At present it is estimated that the average cost of a funeral is almost £5,000 and this will continue to climb as funeral costs rise above the rate of inflation. It is not unheard of for there not to be enough left in the estate of the deceased to pay for it.
The solution is to fix the cost and pay for your funeral now through the purchase of a funeral plan. This not only ensures that your estate will be in a better financial position but that the stress of arranging a funeral will be taken away from your loved ones.
Honorato Legal works with one of the major national Funeral Planning companies which services over 800 local communities nationwide and in 2017 were the first company in the UK to be awarded the BSI Kitemark for customer service.
