Terms of Business for Estate Planning Services
Terms of Business for Estate Planning Services
- Introduction
These Terms of Business (the “Terms”) govern the provision of estate planning services, including the preparation of Wills, Trusts, Lasting Powers of Attorney, and Deeds of Variation (the “Services”) provided by [Your Company Name] (the “Firm”). By engaging the Firm, you (the “Client”) agree to be bound by these Terms. - Services Provided
The Firm will provide the following services:
- Wills: Drafting and execution of your Last Will and Testament.
- Trusts: Establishing Trusts to manage and protect assets during life and after death.
- Lasting Powers of Attorney: Drafting and execution of documents that appoint a trusted individual to make decisions on your behalf in the event of incapacity.
- Deeds of Variation: Assistance with the alteration of existing Wills and Trusts, as needed, to address changes in circumstances or intentions.
- Fees and Payment
- Fees: The Firm’s fees for estate planning services are provided to you in advance of any work being undertaken and will vary depending on the complexity of the services required.
- Payment Terms: Payment of fees is required prior to the commencement of the work, unless otherwise agreed in writing.
- Additional Charges: Any additional services, such as document registration or additional consultations, may incur additional charges, which will be agreed upon with the Client before proceeding.
- Client Responsibilities
- Information: The Client agrees to provide complete and accurate information relevant to their estate planning needs. The Firm will not be liable for any consequences arising from incomplete, inaccurate, or misleading information provided by the Client.
- Decisions: The Client will make the final decisions regarding the content of their Will, Trust, Power of Attorney, or Deed of Variation, and the Firm will implement these decisions as instructed.
- Review: The Client is responsible for reviewing and approving all documents before they are executed.
- Confidentiality
The Firm will maintain the confidentiality of all information provided by the Client in connection with the Services, unless required to disclose it by law or with the Client’s written consent. - Limitation of Liability
The Firm’s liability for any loss or damage arising from the provision of estate planning services will be limited to the amount of fees paid by the Client for the specific service(s) involved. The Firm will not be liable for indirect, consequential, or punitive damages. - Termination
The Client may terminate the engagement at any time by providing written notice to the Firm. In the event of termination, the Client will remain responsible for any fees for work completed up to the point of termination. - Dispute Resolution
Any disputes arising under these Terms will be resolved through negotiation between the parties. If the dispute cannot be resolved through negotiation, the parties agree to submit the dispute to mediation before seeking any legal remedy. - Governing Law
These Terms shall be governed by and construed in accordance with the laws of [Insert Jurisdiction], and the parties submit to the exclusive jurisdiction of the courts of [Insert Jurisdiction]. - Miscellaneous
- Force Majeure: Neither party will be liable for failure or delay in the performance of their obligations due to circumstances beyond their reasonable control, such as natural disasters, strikes, or other events beyond their control.
- Amendments: These Terms may be amended by the Firm at any time, with the revised Terms being provided to the Client for review and acceptance.
- Entire Agreement: These Terms, together with any accompanying agreements or documents, represent the entire understanding between the Client and the Firm with respect to the provision of estate planning services.
- Contact Information
For any queries or additional information, please contact us at:
[Your Company Name]
[Your Address]
[Your Contact Information]
[Your Email Address]
Client Acknowledgment
By engaging the Firm for estate planning services, the Client acknowledges that they have read, understood, and agree to be bound by these Terms of Business.