It is important to ensure that your wishes are followed and also to minimising the amount of taxes that is payable from your estate when you are no longer here. Trusts are often used to protect your assets from financial threats and is one of the options available in estate planning.
The area of Wills and Administration of a deceased's estate or commonly known as Probate, has always been a bit tricky to have to deal with notably with lots of jargon to have to decipher.But over the years, and with the constant changing landscape of legislation coupled with family structures becoming more and more complex, has meant that more specialist advice is required to preserve the wealth of individuals and families.
The area of Wills and Administration of a deceased's estate or commonly known as Probate, has always been a bit tricky to have to deal with notably with lots of jargon to have to decipher.But over the years, and with the constant changing landscape of legislation coupled with family structures becoming more and more complex, has meant that more specialist advice is required to preserve the wealth of individuals and families.
Services
We have a specialist team who focus on drafting wills and trusts, lasting powers of attorney, estate planning and whole of the probate process. We strive to provide an exceptional service to you that is clearly explained and whereby you are included and kept informed every step of the way. All the legal work are carried out by solicitors in practice and as such you are covered by regulated, compliant and insured professionals at all times.
Many people put off writing their will because they think they are too young to worry about it or think it will be too time consuming and expensive. Fortunately, the process is much simpler and less expensive than most people realise. Our wills and probate solicitors in London and the home counties can show you how to make a will.
Having a well thought out will in place is probably one of those overlooked tasks that people are quite happy to live with. Well in fact, according to new research conducted by Royal London, 54% of adults in the UK do not have a will. As we are experiencing the effects of a global pandemic and the sad loss of so many lives, our thoughts are drawn to "protection".
Will-writing services are not a service that is regulated throughout. Solicitors preparing a will for clients will be regulated by the Solicitors Regulation Authority (SRA) but there are many companies out there that are not and their level of knowledge and experience may be limited. The cost of getting a will varies greatly depending on who you used to do it and more importantly the level of protection you will get will also receive.
A Codicil to a Will is a legal document that is supplemental to your Will which updates one or two clauses in it. Normally if there are substantive changes to be made, it would be advisable to start with a fresh Will. Add an additional clause to your Will, e.g. to include a beneficiary who was not around when the Will was drawn up.
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