Cost of living increases can make it difficult to balance personal finances with taking care of important matters properly. It can be tempting to save money and do tasks yourself.
The same applies to legal services, too. Taking the DIY approach to creating a Will or Lasting Power of Attorney is an appealing prospect. With lots of information available online and a growing market of off-the-shelf legal document templates, there are savings to be made by cutting out the professionals.
There are countless potential pitfalls when creating DIY legal documents, with repercussions including a lack of legal validity, potential ethical missteps, and inadvertent tax implications.
– Adherence to industry-standard regulatory procedures
– Accountability with the Solicitors Regulation Authority (SRA)
– Years of legal training and experience, and all the lessons that come with it
– Face-to-face contact, support, and counsel throughout the process
– Additional solicitor-specific accreditations like membership to The Society of Trust and Estate Practitioners (STEP)
Beyond those qualifications and their guarantees of quality legal advice and practice, working with solicitors provides other benefits. The most important for our clients at Fodens is the care and attention we put into every case.
After appointing Fodens for a Will or Lasting Power of Attorney matter, you’ll meet with one of our highly experienced solicitors, all of whom have a wealth of relevant experience and are members of The Association of Lifetime Lawyers.
Lifetime Lawyers set the standard when it comes to offering legal advice, committed to delivering the best outcomes for all clients. Membership is a mark of quality, which ensures that you’re speaking with a specialist, who can not only provide the right advice but can do so with compassion.
Sophie Price, Director at Fodens is also a member of STEP. As an accredited Trust and Estate Practitioner (TEP) with one of the top bodies in the country, this provides peace of mind for services internationally recognised as a gold standard.
If you’re considering the DIY approach when creating legal documents with the aim of cutting costs, be sure to consider whether those savings are best made elsewhere. As there’s little more important than ensuring the security of your family’s future.
To hear more about how we can help with Wills and Lasting Powers of Attorney, contact our Private Client team at Fodens Solicitors by phone at 01952 726111 or via email at hello@fodens.co.uk.
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