Legal Experts with all Private Client Matters including:
- Creating and updating a Will
- Challenging a Will
- Lasting Powers of Attorneys
- Court of Protection & Deputyship
- Estate Planning
- Inheritance Tax
Complimentary Initial Consultation
Contact us today to arrange your complimentary consultation with one of our legal expertsGet in touch
None of us want to face the fact that we’re getting older – death isn’t something we like to think about. But with people living longer than ever before, the need to plan ahead and have difficult conversations about what will happen when you are no longer around (or lose mental capacity) is essential if you are to ensure your wishes are fulfilled and your assets are protected to secure your loved ones’ futures.
Unfortunately, a lack of planning can cause untold and unnecessary stress in the later stages of life, both for you and your loved ones.
But it doesn’t have to be this way. – Are You Prepared for Later Living?
We can assist you, making sure your legal, financial and practical needs are dealt with as you wish allowing you to enjoy your life safe in the knowledge that your wishes are taken care of.
What Do You Want Your Life to Look Like As You Get Older?
With some forethought and careful planning, it is possible to achieve a comfortable and happy future and ensure your loved ones are secure financially and emotionally without having to rely on help that may not be available when you need it most.
Avoid an Uncertain Tomorrow by Planning Today:
- Creating and updating a Will – what is a Will, why is it important and how do I create one?
- Challenging a Will – Inheritance (Provision for Family and Dependants) Act 1975: how do I challenge a Will? / How do I counter a challenge to a Will?
- Trusts – what are they and how do they work?
- Probate – what is the process when someone dies?
- Lasting Powers of Attorneys – what are they and why are they so important?
- Court of Protection & Deputyship – what happens when someone loses capacity but there is no LPA in place?
- Estate planning – what are the financial benefits of careful estate planning?
- Inheritance Tax – how can I minimise the amount of IHT I need to pay?
Trusts and Estate Planning
Our team of probate specialists provide advice around settling and administrating estates in a sensitive and understanding manner and can establish whether it is necessary to obtain a Grant of Probate or Letters of Administration to allow assets to be collected and distributed in accordance with the wishes of the deceased.
Where appropriate, the service includes tax saving advice to ensure the estate is passed on to the beneficiaries in as efficient a manner as possible.
Probate and Administration of Estates on Death
Wills, Probate, Tax & Trusts
Inheritance tax advice: House price inflation means many homeowners fall into the inheritance tax net and, with more people buying second homes in the UK or abroad, there is an increased need to use specialist advice to protect your estate.
Many of us will now be affected by Inheritance Tax, as a result of house price inflation. The threshold for Inheritance Tax is currently set at £325,000 for the 2020/2021 tax year and incurs a flat rate tax at 40%, payable on the value of the estate that exceeds the threshold figure.
A wide range of tax planning measures can be taken to reduce the potential liability for Inheritance Tax. Our experts can advise you on the best options for your situation.
Trusts: Trusts provide considerable scope to pass on assets or reduce tax liability by placing the asset outside of your estate.
We can act as trustees on your behalf or draft trust documentation to place the trusteeship with your nominated individuals.
Our specialist practitioners will advise how these documents can be best used to support your circumstances and will draft them in accordance with your wishes.
Power of Attorney
Powers of attorney and lasting powers of attorney allow you to place the day-to-day administration of your finances with an attorney if your health is poor or your mental faculty prohibits you from attending to financial affairs.
A lasting power of attorney provides the flexibility to continue to deal with matters while you are able or willing to do so.
How We Can Help
Our team of legal experts can assist you with settling up a Lasting Power of Attorney or updating an existing LPA.
Choosing the right legal team is key to planning for and securing your financial future. This is why we are offering you a complimentary, no-obligation, initial consultation with one of our experienced legal experts to discuss your situation and provide you with a general overview of what your options are. To arrange your complimentary consultation call 0800 999 4437.