A Will is a legal document that outlines an individual’s wishes regarding the distribution of their assets and the handling of their affairs after their death. It is a crucial component of estate planning and allows individuals to have control over the disposition of their property and to provide instructions for their loved ones.
Probate is the legal process through which a deceased person’s estate is settled and their assets are distributed according to their will or, if there is no will, according to the laws of intestacy.
Power of Attorney is a legal document that grants someone the authority to act on behalf of another person, in making legal, financial, and healthcare decisions.
Equity Release is a financial product or scheme that allows homeowners, typically older individuals or retirees, to access the equity tied up in their property without having to sell it or move out. It provides a way to release some of the value or capital that has accumulated in a property over time.