Our Wills and Probate department takes an experienced approach to estate planning.
Dealing with estate planning can be a difficult task to undertake. We recognise these discussions can be uncomfortable, and offer pragmatic solutions. We offer a bespoke personal service, tailored to looking after each of our clients individual circumstances as they change and evolve.
Our expertise in Wills and Probate Law
Administration of estates & Grants of Probate. We frequently handle Grants of Probate and deal with the administration of estates of all sizes. Grants of Probate give authority to the Executors under a Will and enable the collection and distribution of assets to the beneficiaries.
Inheritance Tax Advice. We also provide Inheritance Tax advice, which is a necessary aspect when inheriting assets. It is prudent to seek trusted legal advice, especially when the cumulative value of assets are over the Inheritance Tax threshold of £325,000.
Wills. A Will is an important element that underpins all estate planning. Setting out how property is to be distributed is an important legal step, and requires careful consideration of circumstances. We pose the less obvious questions so that wishes and interests are protected. We can also advise on how to reduce tax liabilities and thus maximise the preservation of assets.
Trusts. We also deal with other estate matters including the creation of Trusts. A Trust is required if trustees are to be designated to hold property for a particular purpose. We can advise on the efficient management of the Trust.
Lasting Powers of Attorney. In addition, everyone should have in place a Lasting Power of Attorney in the event they become unable to manage their own financial affairs, or make decisions as to their welfare. This gives the authority to act for those appointed in financial matters and /or welfare matters, and we ensure our advice is practical for the situation.