Inherit Asset Solutions Ltd

This is a perfect service if you have your own home, or business.

We ask you to complete our factfinding questionnaire and then we will give you recommendations on how or where to direct your assets to complete your estate planning

We recommend that both documents for health and finances be completed at the same time and they are both as important as each other.

These documents will help you to have your say about what treatment you receive and where you live if you become incapacitated and cannot speak for yourself.

These documents are not just for the elderly they are important and relevant as soon as you reach 18 yrs old.

At 18 years old our parents stop being legally responsible for us so, if we get into an accident or become incapacitated it is the NHS who will make decisions about your health "in your best interest" or attaining to their budgets.

An LPA lets you choose someone who knows you, who you want to speak on your behalf, and make the decisions on your behalf that you would have made for yourself if you could.

Funeral directors now tend to want the money upfront for funerals and insurance companies can take a long time to pay out especially if probate is involved.

The rising costs of funeral plans could mean that any insurance policies to cover funeral costs may not be enough.

A pre-paid funeral plan gives you and your loved ones the peace of mind of knowing that preparations have been made at a time when then will be emotionally distressed when the time comes.

Any Insurance policies can be saved to give as a nest egg to children or grandchildren.

A family or bloodline trusts are created so that if anything happens to you that your assets are passed down your bloodline and not anyone else such as the children from a re-marriage after you have passed.

Family trusts takes your asset and your beneficiaries inheritance out the estate which can protect against bankruptcy, re-marriage and care fees.

Most homes are purchased in both names so that if one person dies the other person automatically takes ownership of the house, this could be dangerous if you have children outside of your marriage and you become ill and die, your partner and his children will inherit the house and your children from a previous relationship will get nothing.

If your partner is paying for their care and you die your share of the property will have to pay for their care first before any of your chosen beneficiaries can inherit.

The property trusts protects against long probate procedures, makes sure that you share of the property stays in your bloodline.

Childrens Trust funds are perfect for children under 18 yrs old and adult disabled family members who are unable to look after their own affairs. The trust fund can look after the funds of the child when they are are over 18 yrs old until the trustees deem them to be able to manage their inheritance.

The children's trust will not interfere with any benefits the child or their guardians can claim and can provide funds for education, medical treatment and accommodation.

A pet trust is perfect for an elderly person who has lost a pet and doesn't want another one because they feel that the pet will out live them and have no home.

With a pet trust you can have another companion, name guardians and a trust fund to look after them for the rest of their lives.

You no longer have to be lonely because you don't have your best friend by your side anymore.

Once your love one has lost capacity they will not be able to make a power of attorney and register it with the OPG.

however, someone who knows you can ask the court of protection to make them a deputy to act on your behalf with a court order that is legally binding and must be accepted by banks, NHS or anywhere where it is presented on your behalf.

This option isn't a cheap and can take a long time to get a court order.