Mortgage Solicitor Glasgow | Wills & Conveyancing
Conveyancing
Whether you are buying, selling or remortgaging we are committed to making the process as smooth as possible for you. It is important to find a good mortgage solicitor you can trust to ensure the legalities ie. conveyancing are carried out to a high standard. We can help to refer you to quality mortgage solicitors but it would be your decision to enter into a contract with them as we cannot be responsible for the advice.
Estate Planning & Conveyancing is not regulated by the Financial Conduct Authority.
Wills in Scotland
If you do not have a Will in place, you have no say over what happens to your assets when you pass away, and this can cause many difficulties for your loved ones and dependents.
It is particularly important to have a Will in place if you own your own property, are married, have entered into a Civil Partnership, have a long term partner, have dependents or wish someone to benefit from your assets who is not a close member of your family. By making one, you can stipulate how you would like your assets to be distributed in the event of your death – giving you and your family protection and peace of mind.
There is a general misconception that if you are Married or have entered into a Civil Partnership that your spouse or civil partner automatically inherits everything you own upon your death. This is not the case. On the contrary, the law sets out who gets what in the Law of Intestacy. These laws may not represent your wishes, which is why it is important that you consider setting up a Will to ensure that your wishes are followed. Furthermore, the law makes no provision for a partner if you are not married or in a civil partnership – even if you have lived together your entire lives.
The importance of a Will alongside a property transaction cannot be understated.
Power of Attorney
Having a power of attorney allows you to appoint someone you trust to look after your affairs in the event you’re unable to do so yourself, for example if you suffer a life changing accident or illness or your mental health deteriorates. It’s not just for old people, all adults need a power of attorney should tragedy befall. Without a power of attorney, it’s very difficult for a loved one to access your savings or make important decisions on your behalf.There are two kinds of power of attorney: one for property and financial affairs, one for health and welfare. It’s simple to set them up and can save a lot of expense and headaches in the long run. In doing so, you protect yourself from unknown third parties making decisions about you and you protect your family from the stress of being unable to care for you how they would like.
Rosewood Little Associates Ltd won’t give any advice or make any recommendations on Wills and Power of Attorney. We’ll initially discuss your needs/requirements and refer them to the most appropriate, trusted legal specialist.
Get in touch to talk about conveyancing, wills or Power of Attorney
