In the past week or so, there have been numerous blogs, articles and posts advocating to one and all the need to ensure your Will is up to date or to make one if you have not already done so and the necessity for having a Power of Attorney in place.
Whilst to many these may seem crass at this time and that firms are trying to cash in that is simply not the case.
The legal profession have a duty to provide the best advice we can, tailored to the circumstances that are presented by our clients or the predicament in which they find themselves. The nature of such advice, in certain circumstances, may induce clients to face their own mortality and consider a world without them. That is one of the roles of being a private client solicitor.
The current CoVid-19 pandemic has created a whole new world for us all in the short term and in the long term nobody really knows. What ‘normal’ will look like on the other side is anyone’s guess. In his book the “The 4-hour Workweek”, Tim Ferris advocates people will chose unhappiness over uncertainty. People like certainty and if CoVid-19 has done one thing, it has, for the time being, snatched certainty away.
So, in times such as now, it has never been more necessary to ensure your affairs are in order and you have created as much certainty as possible.
- Review your Will or make one if you do not have one already.
- Prepare a Power of Attorney.
- Check with your pension provider and ensure your pension nominations are current.
- Ensure your loved ones know what life insurance you have in place and is it sufficient.
- Review your financial position.
The list is far from exhaustive and it is always good to do these things at any time but more especially now!
The post Certainty in uncertain times – by Gordon Lennox our Specialist Future Wills & Planning Solicitor appeared first on Scullion Law.
from Scullion Law https://scullionlaw.com/certainty-in-uncertain-times-by-gordon-lennox-our-specialist-future-wills-planning-solicitor/
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