As the new year approaches, many of us start thinking about making resolutions. January is the month of new starts, good intentions, and fresh hopes for the future…
Now, updating your legal documentation might not be your first thought when considering new year’s resolutions but it may be more relevant than you think – and having your affairs in order can be a huge weight off your mind, helping you step into the new year with confidence and purpose.
Most of us never really consider the importance of our legal status until something goes wrong, or we find ourselves in the middle of a major life change. Selling or buying property, dealing with the death of a loved one, moving in with a new partner or ending a relationship – all these issues are best handled with the support of a trusted solicitor to avoid unexpected costs, financial disputes, or pricey and protracted court proceedings.
So what can you do to prep for a brand new year and get your legal affairs sorted in all aspects of your life? Here’s our guide to all the ways your solicitor can help you:
Moving in together? Investing in property with a loved one? Living with your partner as a cohabitant? Getting divorced? Nothing causes more relationship strife than legal issues… Prenuptial and cohabitation agreements can help to protect your relationship from future trouble and make things much easier if you eventually decide to go your separate ways. The end of the year often brings a rise in divorce enquiries as couples reach breaking point over the Christmas holidays and see the new year as a chance for a new start. Whatever stage your relationship is in, it’s worth checking how you can protect your family circumstances with a legal agreement.
The property market can be slow during the winter time as people put their plans on hold for the holidays – which means it can be a great opportunity to grab a bargain and take advantage of the lack of competition when it comes to selling and buying property! In all cases, preparation is everything, and working together with your solicitor to ensure all your paperwork is in order before you embark on your property journey can save you a lot in time, money and stress. For more top tips on making the most of the property market in the new year click here.
Protecting Your Future
Twelve months is a long time and chances are your circumstances have changed since the beginning of the year. It’s all to easy to forget, but it’s important to update your will whenever things change, including: the arrival of new grandchildren, moving house, making investments, finding a new partner or getting divorced, or anything else that might be relevant to your will. You might also want to think about setting up powers of attorney so your future is protected if you find yourself unable to handle your own affairs in years to come.
Getting your legal affairs in order can feel like a real weight off your shoulders – knowing that your family is protected, your finances are secure, and even if the worst should happen, your loved ones will be okay. For advice on your legal circumstances and to book a free 45-minute consultation in the new year, get in touch with Frances Lindsay & Co at email@example.com or call 01628 634667.