Making a Will
Making a Will and reviewing it regularly is the only way you can guarantee that your estate will go to the people or organisations that you want to benefit.
We can help with expert, friendly and easy to understand advice on how best to ensure that your wishes are carried out. Making a Will creates certainty, reduces worry and gives you the peace of mind that comes with knowing exactly how your money, property and possessions will be dealt with after your death.
A Will can guide your family and save them worry at a time of great emotional distress. Each Will is tailor-made for the client we will take into consideration your personal financial circumstances, your family and other commitments.
If you make a Will the estate will pass to the people named in the Will. If there is no Will the Rules of Intestacy will apply. Our standard charge for a Will is £150 + VAT depending on your circumstances.
When a person dies somebody has to deal with their “estate”. A person’s estate is considered to be made up of the money, property and any possessions they had at the time of their death.
Probate involves collecting any money that is owed, settling any debts due (including outstanding taxes) and dividing the estate between the beneficiaries.
If you are an Executor or the next of kin, we will provide practical guidance to help you deal with the administration of someone’s estate. We can help you determine the size of an estate for Probate and Inheritance Tax purposes. We can prepare an application for the Grant of Representation on your behalf and help you lodge the required forms with the relevant organisations to collect monies due to the estate and settle any debts or bills.
All assets in an estate will remain frozen, until the Probate Registry gives the authority (known as a Grant of Representation) to the individual nominated in your Will, the “Executor”. If there was no Will then it is up to the most appropriate member of the family to act on behalf of the estate.
We can undertake the complete administration of the Estate or simply provide a service of “hand holding”, we are here to help make this difficult process as painless as possible.
We are happy to talk to you at any time to help with advice or to arrange an initial discussion meeting.