Empathy, Commitment, Integrity
Wills and Probate
Most people are concerned to ensure that their spouses and next-of-kin are adequately provided for on death. Most care about what happens to their property and other possessions after they die.
We are able to provide practical and sensitive advice on estate planning and succession.
If you care about what happens to your property after you die, you should make a Will. Without one, the state directs who inherits.
It is particularly important to make a Will if you are not married to your partner. The law does not automatically recognise partners as having the same rights as spouses. Therefore, even if you have lived together for many years, your partner may be left with nothing if you have not made a Will.
If you have children, or dependents, who are unable to care for themselves, without a Will there may be uncertainty about who will look after, or provide for, them after your death.
A properly drafted Will may assist you in achieving greater tax efficiency for your Estate by either mitigating or even avoiding altogether liability for Inheritance Tax.
We offer advice on:
- Drafting your Will so as to achieve your wishes about the distribution of your Estate after death
- The appointment of Executors (we can also act as professional Executors, or Trustees)
- Appointment of guardians where you have young children
- Tax planning and Inheritance Tax advice
- Distribution of your Estate
- Deeds of gift
Probate and Estate Management
We offer practical, sensitive advice for bereaved spouses and next-of-kin following bereavement. We assist Executors and family in dealing with:
- Administration of the Estate
- Collection of assets
- Clearing of liabilities
- Distribution of the net Estate after clearance of liabilities in accordance with the terms of the Will, or the relevant statutory rules
- Assisting Executors in relation to their powers and responsibilities
- Advice and representation where claims are made against the Estate, or there are disputes between beneficiaries
Powers of Attorney
By granting a Power of Attorney, decisions can be made on your behalf by other another individual, or individuals, where you may be unable to make them yourself through, for example, illness or absence overseas. A Life Power of Attorney enables you to appoint an attorney to administer your affairs and for that appointment to remain valid, even in the event of your later mental incapacity. We can assist with:
- Acting as your attorney
- Drawing up Powers of Attorney for others to act as your attorney
- Advice on mitigating the cost of nursing home care
- Raising Capital so as to assist income streams by Equity Release