ICR293: The Best Ways to Protect Your Estate
Today on the podcast, I’m joined by three solicitors to talk about estate planning – what are the best ways to protect your estate?
Louise, Isabel and Catherine from Hart Brown Solicitors in Cranleigh came into the office earlier in the week, and we sat around the meeting room table to talk about wills, lasting powers of attorney, trusts, and generally working with a solicitor.
There’s also a roundup of the latest personal finance news – this week with a Christmas flavour – and the after show segment, where I talk about some of the things we’ve been doing here at Informed Choice this week.
Personal finance news
-Automatic enrolment in workplace pensions will be extended to every worker aged 18 or over. Government plans to extend the auto enrolment scheme were announced this week, lowering the minimum age from 22 to 18.
-According to YouGov research commissioned by credit information provider Equifax, 1 in 3 people can’t sleep at night because they are worrying about money. Women are more likely to stay awake worrying about money compared to men.
-44% of people expect to overspend this Christmas, according to online money management experts evestor.co.uk. The UK-wide survey of 2,000 people showed that consumers expect to spend £337.40 on Christmas as they stock up on festive food, drinks and put presents under the tree.
-Brits will spend more than £19 billion on presents, eat 308 million slices of turkey – and pull 154 million crackers this Christmas, a study has found. Over the festive period, we will also travel 5.6 billion miles to visit almost 257 million friends and relatives.
-The average British Christmas sees the public consume a dangerous number of calories, doing unseen damage to the nation’s health. Research from Discount Supplements, an online retailer of health and fitness products, found that the traditional Christmas dinner contained 1992 calories, which is equal to the total daily allowance for the average female, or 79.68% of the daily allowance for men according to the NHS.
The Best Ways to Protect Your Estate
Earlier in the week I was joined in the Sundial House meeting room by the Cranleigh team from Hart Brown Solicitors.
Louise Harrhy, Isabel Hodgson and Cahterine Poleykett popped in to have a conversation about what we can broadly call estate planning.
We covered a lot of ground during this conversation; the roles someone might come across when working with a solicitor, how legal services are regulated and the protection this gives you as a consumer, why it is so important for everyone to make a will, how a lasting power of attorney works and why this is an essential legal document too, how trusts can be used as part of estate planning, and what happens when families have disagreements and disputes.
Hart Brown is a leading law firm with offices throughout Surrey, including one right here in Cranleigh where Louise, Isabel and Catherine all work. They offer a full range of legal services to businesses and individuals. Our focus today is on some of those legal services offered to individuals, or ‘private clients’ as they are described in the legal profession.
What Hart Brown do so well is to provide a fully integrated service to their clients. They are Understanding about their clients’ needs and the law, Straightforward in the way they work and communicate, and Professional in everything they do, all in order to achieve results and uphold their reputation.
Here’s my conversation with Louise, Isabel and Catherine from Hart Brown Solicitors, talking about the best ways to protect your estate.