Wills and Estate Planning

Planning your estate requires careful consideration and the arrangements you make for your legacy will have consequences for generations to come.

Without a suitable estate plan in place your loved ones could be left without the financial means to maintain their current lifestyle. Your family home could even be at risk.Thinking about life after death is never easy though. And that’s why 60% of people in the United Kingdom haven’t made adequate provision for the distribution of their assets.

Our wills and estate planning service will help you understand your options, make informed choices on how to arrange your estate and our taxation, wills and trusts experts will take you through a planning process in a careful, confidential and sensitive manner.We want you to be comfortable that you have your affairs in order.

Our wills and and estate planning service will help you:

  • Protect your assets from multiple threats – taxes (IHT and generational IHT), divorce, remarriage, care home fees
  • Ensure your assets are distributed as you wish
  • Attain the peace of mind that your loved ones are protected
  • Avoid future disputes

Take a Look at Our Service Highlights:

Wills

Many people put off making a will, thinking that it’s something to do in later life or believing that key people will automatically inherit their estate. Unknowingly they are putting their family’s future at risk.

Failure to make a will can create real issues for loved ones left behind and they might be powerless to prevent your inheritance being passed to the wrong people or even the state.

Whilst thinking about how you’d like your wealth to be passed on after death is never nice, doing so will safeguard the future of your loved ones.

There’s no need to leave people second guessing your wishes. No matter how complex your estate, our team can help you communicate your desire for what you want to happen to your estate.

Trusts

Distributing your assets directly to beneficiaries could result in the loss of much of the wealth you’ve worked so hard to build.

Your estate is at risk from future taxation, long term care costs, third party creditors and divorce settlements. If your surviving spouse were to remarry they could later change their will in the favour of the new spouse and their children.

Through the careful use of trusts, you can ensure that your estate reaches your children and grandchildren, staying with them for generations to come rather than ending up outside the family as you know and love it. Your family home and any other assets will be protected from attack and you can have the peace of mind that comes from knowing your family is fully provided for.

Trustees

As a Trustee, you have many legal obligations placed upon you. One of these is to ensure the trust fund is managed responsibly. This means ensuring investments are suitable for the beneficiaries of the trust, so that both long and short term needs can be catered for.

Taking professional advice on how to invest the trust funds is vital to meet your obligations, and of course can ensure your funds are protected against losses and also beat inflation over the years.

Lasting Power of Attorney

There may come a time when some form of incapacity means you are no longer able to manage your financial affairs. Even young people can find themselves incapacitated through illness or injury.

You’d need someone to act on your behalf, someone who can manage your personal affairs, protect your interests and ensure the household bills get paid.

Appointing an attorney in advance ensures that, if the worst were to happen, you can rest assured that both your financial affairs and personal welfare are in safe hands.

Probate

Dealing with the affairs of a loved one who has died can be very a complex and time consuming process which comes at a time when you may not feel up to the task.

Our specialist probate team has a sympathetic approach to dealing with bereaved relatives and can handle everything for you.

You will have a dedicated point of contact, someone who will personally look after your case and who will keep you up to date on her progress so that we can be totally transparent in our dealings.

Deeds of Variation

Sometimes people die without having carried out suitable tax planning. The result is that substantial liabilities for inheritance tax and capital gains tax can arise for families and loved ones.

To ensure an estate passes on in the most tax efficient way the distribution of a deceased person’s assets can be altered using a deed of variation.

It might be be advantageous to pass an inheritance directly to the next generation rather than boosting the taxable estates of wealthy parents. Or it might be appropriate to create a trust to protect the inherited assets.

Receiving expert tax advice is essential to manage such estates appropriately.

3 Advantages to Working with Us

1

As well as our in house experts we work with a number of third party firms so you can be sure that you’re dealing with specialists every time.

2

Unlike many solicitors firms, we work on a fixed price basis. You do not need therefore to worry about receiving any unexpected bills. The price you see is the price you pay.

3

We firmly believe that your circumstances are unique and that your advice should therefore be tailored to your specific needs. We don’t take a one-size-fits-all approach, but instead craft a solution that’s exactly right for you.


Getting Going is Risk-Free

We offer all prospective clients a free, no-commitment introductory chat to discuss your needs and determine if we can help.In most cases, this will be possible and we will examine any existing assets or estate planning already in place.

From this we will provide a list of recommendations and agree with you what you would like to happen.


Frequently Asked Questions

Are these services regulated by the FCA?

Are wills appropriate for couples?

Do I need a new will if I remarry or enter a civil partnership?

Does my partner automatically inherit my estate?

What can an attorney do for me?

What if I no longer want to use an attorney?

What is a grant of probate?

Will transferring my home to my children or trust provide guaranteed protection against care costs?