We have a team of specialists within our Private Client department who offer advice and assistance in the following areas:
- Making a Will
- Enduring Power of Attorney
- Tax Planning
- Estates Administration (Probate)
- Trusts
Wills
Making a Will gives you the opportunity to decide how you want your money, possessions and property to be divided after your death, and to enable you to make provision for the welfare and well-being of children and other dependants.
Making a Will allows you to:
- Choose precisely how your property and assets will be distributed after your death.
- Minimise tax liabilities which your estate may incur.
- Appoint someone you know and trust to act as the executor of your estate.
- Donate specific items or articles to relatives, friends or charities.
- Nominate guardians for any children who may not have reached the age of majority at the time of your death.
Enduring Power of Attorney
Appointing an attorney to act on one's behalf in the event of serious mental incapacity is a very simple, convenient and inexpensive device.
Elderly people face the possibility of loosing some mental capacity as they grow older. Illness or accident can have similar consequences at any age.
It is possible to protect your family from the inconvenient and serious consequences of these situations by setting up an Enduring Power of Attorney.
Tax Planning
It is in everyone's interest to minimise their own tax liability and also that of their estate. We can provide specialist advice on:
- Drafting of Wills to minimise Inheritance Tax
- Post-death variations of Wills
- Life-time Gifts
- Trusts and Settlements
(Additional related information maybe found on our Financial Services page)
Administration of Estates
Our specialist Probate team deal with the administration of estates in a sympathetic and professional manner. Matters dealt with include:
- Application for Probate
- Application for Letters of Administration
- Completion of Inheritance Tax returns
- Administration of Estates including payments for liabilities, tax, legacies, distributions to residuary beneficiaries and completion of estate accounts.
- Post Death variations.
Trusts
Trust and Settlements are created in order to provide for the ongoing needs of spouses, children, grandchildren and other dependant relatives. Additional benefits arise from the fact that these are effective Tax saving devices. Types of trusts include:
- Discretionary
- Accumulation & Maintenance
- Interest in Possession
- Trusts for the Disabled
For further information on Wills, Probate & Trust contact:
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