Wills and Probate
We can advise you about making a Will, Estate Planning and Inheritance Tax Liabilities, Trusts, Probate, Lasting Power of Attorney and Inheritance claims.
Our values of openness, honesty, social responsibility and caring for others are core to the service we provide.
Reasons to make a Will?
- choose your executors
- appoint guardians for your children
- make gifts to family and friends
- inheritance tax planning
- create trusts to protect vulnerable relatives
- set out your funeral wishes
- give to charity
- avoid family disputes
- give personal belongings or jewellery
Do I need to make a Will?
Yes, because if you die with no valid Will in England or Wales the law will decide who gets what. If you have no living family members, all your property and possessions will go to the Crown.
Making a Will?
A Will is a legal document that states your wishes upon death, can protect your wealth and provide financial security for your family.
Unfortunately, most of us do not like to dwell on the subject of our death or discuss it with anyone, which is why many people do not make a Will. It is something that most of us put off and in many cases never get around to doing.
Your Will is a very important document because it gives you control over what happens when you die and means that you can ensure, so far as is possible, that your wishes are met. A Will can give precious gifts to your loved ones, thank people who have looked after you, benefit your chosen charities, explain your wishes for your funeral and service, and in some cases provide for who will look after your children.
Estate Planning, Inheritance Tax Liabilities and Trusts
A Will can also be an important factor in protecting your assets from taxation or future care costs.
We can advise you about assessing the value of your estate now and in the future. We can help with calculating and planning for future Inheritance Tax Liabilities.
We can also advise about the setting up and administration of Trusts.
We understand that bereavement is an incredibly difficult time. Our team takes away some of that burden. We provide support in dealing with the paperwork no matter what the size of the estate. We believe that communication is invaluable to providing a fast and efficient service and so we keep you in the picture at every stage.
If you have been named as an executor or someone close to you has died without leaving a Will, we can act on your behalf and apply for a grant of probate or letters of administration.
We can also act on your behalf in administering the estate and will be able to quote for this depending on the amount of work likely to be involved.
Lasting Power of Attorney
A Lasting Power of Attorney is a legal document that lets you appoint one or more people to help you make decisions, or to make decisions on your behalf.
This gives you more control over what happens to you if you have an accident or an illness and can’t make decisions at the time they need to be made.
We can advise you about making a Lasting Power of Attorney and the process involved.
We can advise you about bringing or defending an Inheritance Claim.
Contact the Wills and Probate team directly on 020 8826 1480 or [email protected]uk.
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