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| 2 minutes read

An act of love - Wills and Lasting Powers of Attorney

Wills and Lasting Powers of Attorney - the former always necessary and the latter, frequently necessary at some point in our lives, but both of which are documents which we too often leave until it is too late.

We lead busy lives and to procrastinate on arranging these matters is incredibly common, whether it be for emotional reasons, or simply a lack of time.

Whilst we all certainly know what a Will is, it is often not known that your spouse or partner may not be entitled to all your assets when we pass away. Expressing your wishes on how your assets should be divided to your lawyer, spouse or close friend does not mean that they can see to those wishes. Similarly with Lasting Power of Attorney, a lot of people know what these are, but sometimes what is not appreciated is that if left too late the process is cumbersome and burdensome on your family.

Having a Will and Lasting Powers of Attorney is an act of love - you care so much for your loved ones that, in the case of Lasting Powers of Attorney, you put in place a legally binding document which allows someone to help you when you cannot do so yourself, and in the case of a Will, a legally binding document which sets out how you wish your assets to be divided between your loved ones, and therefore not adding to the distress your family will be feeling whilst mourning your loss.

To help you with these tasks, we've produced a series of handy guides to briefly cover the most pertinent points - you just need to click on the links below.

Wills Guide

Lasting Powers of Attorney Guide

Wills Guide for non-Gibraltar residents

We would be very happy to meet with you, to make the process as simple and smooth as possible, and you can then rest assured that everything is in place, when it is needed. 

We would be happy to chat, so please DM us or give us a call on +350 20079000.

Wills are not a “one size fits all” and specific advice is usually required to cater for different circumstances. We are therefore confident that the case-by-case approach and tailor-made Wills we offer our clients is the best manner in which to safeguard their wishes in the future. www.gibraltarlaw.com/...

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