A good place to die

A good place to die

Arken.legal explores how best to prepare emotionally, physically, financially, and digitally this Dying Matters Awareness Week

It is Dying Matters Awareness Week (10-16 May) and this year the theme is ‘a good place to die’.

Most of us do not like to talk about dying, but it will happen to us all at some point, and if we are in a ‘good’ place, it will be much easier on those we leave behind.

Two of this year’s Dying Matters themes look at being prepared, both emotionally and physically; Samantha Warner, Head of Product at Arken.legal, experts in digital estate planning solutions, says it is best to talk to family about your wishes sooner rather than later, and consider a Lasting Power of Attorney (LPA), especially if there are already concerns about declining health.

“It can be difficult to broach the subject of declining health in later life, particularly if the person in question has previously managed their financial affairs quite confidently and comfortably themselves. But, given that there are already around 850,000 people with dementia in the UK and someone develops dementia every three minutes, it is best to be prepared,”

she said.

“A Lasting Power of Attorney (LPA) allows someone, while they still have full mental capacity, to nominate a trusted friend or relative to make decisions on their behalf in cases of lost capacity.

“LPAs give people peace of mind that someone they trust will take care of their financial and health needs if mental capacity is lost, or, if they simply decide they no longer wish to make judgement calls about their property and finances themselves, that the burden of making those decisions can be shouldered on their behalf.”

The other key themes this Dying Matters Awareness Week are being in a good place financially and digitally, and, says Samantha, while digital assets are often not seen as being as important as some of the more traditional assets, they should be a key consideration.

“People are increasingly living in a digital world and amassing large numbers of digital assets so it is vitally important that they are a key part of any conversation about Wills and estate planning,”

she said.

“However, according to research by Dying Matters, almost 90 per cent of people have not made any plans for their social media accounts to remain once they die – and over a third of people have confirmed that no-one, other than themselves, know the password to their mobile phones.”

Arken.legal solutions enable professionals to help their clients leave clear notes and instructions as to the accessibility and handling of digital assets post-death, which not only ensures clients allocate their digital assets to their preferred beneficiaries, but it also saves a substantial amount of time when it comes to the administration process, as Samantha explains.

“Without express instructions, gaining access to digital assets and accounts can be very difficult, and if the details cannot be located, they can even be lost.

“Leaving clear instructions in a Will takes this stress away at what is already a very difficult time for those who are grieving a loved one, and Dying Matters Awareness Week offers people a really good opportunity to start that all important process.”

This article was submitted to be published by Arken.legal as part of their advertising agreement with Today’s Wills and Probate. The views expressed in this article are those of the submitter and not those of Today’s Wills and Probate.

Arken.legal

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Transforming the global estate planning industry through advanced technology Arken.legal provides expert digital solutions for the private client and estate planning industry. Its solutions deliver business efficiencies and consistency across a practice, while enabling client acquisition through an improved customer experience. Built by private client solicitors, Arken.legal products are used by more than 500 firms including Legal practices, Accountancy practices, Will writers and Legal services businesses in the UK, as well as Trust companies in South Africa, Australia and New Zealand. With 29 years' experience and more than 6 million Wills having been created using its products, today Arken.legal is a software as a service business offering secure, cloud-based solutions.

The Arken Product Suite

Businesses are turning to technology to enable change, increase efficiency and futureproof their incomes to suit upcoming generations and demand. The Arken product suite is designed for just this – to maximise productivity, provide interactivity and lead generation, and manage risk. It can suit any business process – whether instructions are taken virtually, in an office, remotely or via telephone. For increased efficiency, reduced re-keying and a delighted client, book a demonstration today to find out how we can help your practice.

Key Services

Arken Professional: A comprehensive, up-to-date and secure document generation solution built specifically for the Private Client Sector. Built by lawyers, its industry-leading software has produced over 6 million Wills. Arken Professional is the only software solution specialising in Wills that is accredited by the Institute of Chartered Accountants in England & Wales (ICAEW). All the products on this scheme have satisfied a robust technical evaluation and are from companies that are financially sound and offer strong customer support, giving you that extra peace of mind. Arken Intestacy: The new way to increase leads and grow your business remotely.  A handy customisable tool for your website that demonstrates the circumstances if your prospective client were to die without a Will – they can then fill in their details and ask for you to help protect their estate. Arken Online Wills: A secure, online Will service. Will packs – which include a client’s Will, a Will commentary, and signing instructions – can be sent to the client immediately or reviewed before delivery. Arken Acquire: A digital fact find and lead generation tool. A tool that captures data from your clients, which is then used in the drafting of key estate planning documents. Simply email a link to your client and they can input key information that seamlessly flows into Arken Professional for drafting. Arken Lifetime: Create Inter Vivos Trusts in a fraction of the time. Trust Referencer: Get the latest on tax treatments and specific Trusts. Access the most up-to-date information to generate a personalised report for your clients, outlining the tax treatment that are relevant to both Testamentary and Inter Vivos Trusts. Arken Anywhere: The power of Arken on-the-move. Access an offline version of Arken Professional that will synchronise with your account once you’re back online. Arken API: A seamless transfer of data and reduction of re-keying. Details shared between your case management solution and Arken Professional.   Dave Newick, Chief Executive Officer of Arken.legal, said: “We work in partnership with our clients to understand their key processes and provide the most efficient digital solutions for their Private Client business. The industry has begun its digitisation journey – it’s time to consider the best route within it for your business. Can you use technology to be more adaptable, more engaged, to provide a better customer experience? Can you use technology to automate low-level tasks, enabling you to focus on what really matters? It’s time to take the digital leap and benefit from the efficiencies it provides.”

   

Testimonials

Sophie Yates, Director, Fodens Solicitors Limited
“Arken is an absolutely fantastic tool. It is extremely easy to use and has helped our practices in Will drafting to a huge extent. I could not be without it now. I would recommend to any legal specialist looking to invest in Will writing software. Very cost effective too.”
Gemma Garen, Director of Quality and Compliance, Ellisons Solicitors
“We did a careful review of available solutions and chose Arken, as it has a very user-friendly and intuitive user experience, helped us with an improvement in our working practices, introduced time efficiencies and facilitated our ability to standardise our processes and mitigate our risks. The support team at Arken are excellent – very responsive and invested time to understand our needs. We had extensive support before and after going live. Arken is very easy to use, the templates are consistent and we have reliable support.”
Craig Webb, Head of Legal Operations, Brethertons LLP
“…Our staff have found Will drafting in Arken very easy to use and enjoy the questionnaire format which guides them through the process from beginning to end. It is very reassuring to know that our lawyers are all following the same process, producing Wills with a good level of consistency and that all clauses used are up to date. Preparing ‘mirror’ Wills is now particularly easy using Arken, and the systems’ intelligence to amend third person singular pronouns (he, she, his, hers), has eradicated these type of typographical mistakes. We have recently added Arken Acquire to our subscription and are looking forward to the further streamlining of our processes that this service can offer.”
Matthew Field, Director, SMR Solicitors
“We have found Arken to be a valuable tool for our private client team in terms of efficiency and consistency and we would highly recommend it to law firms looking for a professional solution.”
Eric Britt, Executive Consultant, Integrity Wills & Legal Services
"I have been using Arken Will writing software for a number of years, and have found it excellent, and easy to use. The support from the office has been exceptional whenever I have needed it, with a quick response and great patience at times. I would certainly recommend the software and also the company without any hesitation."

Contact Details

Address: Arken.legal (UK) Limited General Wolfe House 83 High Street Westerham Kent TN16 1PG
Tel: +44 (0)1732 867792 Website: www.arken.legal
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Key Contact

Name: Jenny Lambert
Tel: (0)1732 867792
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