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What type of Will do I need

What type of Will do I need

If you’re asking “what type of will do I need” then this page should help you out. Unfortunately there is not a one size fits all Will solution, everyone’s situation is unique to them and your Will should be tailored to you to reflect this.

We can provide help with Wills, Trusts, Long Term Care Planning, Lasting Powers of Attorney, Estate Planning and Funeral Plans.

Let us go into a little more detail on each one to help you decide what is going to fit your situation the best.



We offer a professional, bespoke and yet friendly and personal service. You’ll be assigned your own qualified Will Writer to handle everything you need from start to finish. All our advisors are available 7 days a week and you will get awill direct phone number and contact eMail address so your advisor is always on hand for any questions you may have.

A Single Will is designed to state who will administer your estate, be guardian(s) to your child or children, administer any trust, state specific requests or gifts and outline any wishes you have for after your death.

A Mirror Will is for couples with similar intentions or desires and states who will administer the estate, be guardian(s) to any child or children, administer a trust, state specific requests or gifts and outline any wishes either of you may have for after your death.

An Expression Of Wishes is an addendum to your Will which states your wishes pertaining to your pensions and any additional chattels. It is an important part of your Will to make sure your pension is passed on correctly. All of this means, you don’t have to worry about what type of Will do I need, anymore.



A Trust is a simple arrangement that ensures that any assets you leave to loved ones are looked after on your behalf once you are no longer here to look after them. A trust would be created by you (The Settlor). You then entrust your assets to the Trustee or Trustee’s (responsible people of your choosing) for the benefit the beneficiaries of your Will.

It’s a common misconception that the trustee’s and the beneficiaries cannot be the same person or people. They can!

There are a number of trusts which cover the different scenarios people have. Trusts can be used to safeguard property in the event of care costs, have beneficial IHT (Inheritance Tax) implications, ensure children receive the relevant inheritance at the right times, to name but a few. Your advisor will be more than happy to discuss this with you and establish which Trust is most suited to you and why.


Long Term Care Planninhomeg

As we all live longer we should be thinking about making provisions for our Golden Years. This includes considering what will happen to us if we need long term care. Here at The Will Guys we can discuss this with you and can establish what problems you may come up against and  how to plan for them.

But I don’t need Care now! Even if you don’t, you should be planning now. For example a Lasting Power of Attorney is much more difficult to put in place if you are not of sound mind, but the majority of people don’t even think about putting a Power of Attorney in place until it’s too late! Make sure your Will is legal and binding, stored securely and up to date. Think about property and ownership of it. What happens to your share of any business? There are a lot more questions than you think that need to be answered, and ideally the sooner you address these the easier it will be. The Will Guys can offer you help with all of this as part of our bespoke service.


Lasting Power of Attorney (LPA)

A lasting power of attorney (LPA) is a way of giving someone you trust the legal authority to make decisions on your behalf if you lack mental capacity at some time in the future or no longer wish to make decisions for yourself.

There are two types of LPA:

  1. for financial decisions
  2. for health and care decisions

If you don’t have an LPA in place and you become unable to make decisions for yourself then your loved ones will have to go through a lengthy legal process to gain lawful entitlement to act on your behalf. In situations like this it is the court who decides who has the entitlement to make any potentially life changing decisions.


Estate Planning

Everything that you own included in your ‘estate’. This includes any property, investments, insurance policies, pension schemes, any personal affects from cars and watches to pots and pans.
Inheritance Tax is paid if a person’s ‘estate’ is worth more than £325,000 when they die. This is called the ‘Inheritance Tax threshold’. The rate of Inheritance Tax is currently 40% on anything above the threshold. That’s 40% of your estate!

With careful planning it can be possible to lower your Inheritance Tax bill considerably or even reduce it to zero.

The Will Guys can help you with this by carefully writing your Will and make sure the relevant Trusts are in place to address any tax liabilities. Contact us to discuss any concerns you have with your estate planning.


cemetary-love-collection-1222182Funeral Planning

We have direct ties with a truly independent funeral planning company. They work with a panel of partners to ensure that they can find the best solution to meet your funeral planning needs.

With a wealth of knowledge on Pre- Paid funeral planning they are able to offer you and your family the most up-to-date advice and show you the best plan to help ensure peace of mind for your time of need.

Contact us for further details.