Probate and Estate Administration
We understand that when a loved one passes away it can be daunting that the legal process is a quagmire of forms and jargon in order to deal with their estate. There will also be numerous people and organisations to notify and possessions to disperse among family, friends and beneficiaries in the Will.
How We Can Help!
We know from experience that completing the long-winded legal documents needed before you can start this process is not something that anyone grieving wants to be doing. Fortunately, this type of process is a perfect fit for our legal skill set. Unlike large city solicitors or specialist probate firms, we won’t charge you a king’s ransom for taking these stresses off your mind. In fact, our fees will be a fraction of those that would be faced if instructing one of these larger organisations. I won’t bore you with too much detail or jargon, but as part of our service we will:
- Act as Executors to the Will on your behalf.
- Notify all interested parties (banks, gas and electric, Council) and post notice in a national newspaper to alert all those necessary.
- Obtain Grant of Probate or Letters of Administration.
- Register the passing with HMRC.
- Total assets and value the estate.
- Submit the details to HMRC and prepare details of Inheritance Tax, which is to be paid.
- Distribute the gifts and belongings in accordance with the Will.
- Assist in setting up sale of property, whether appointing suitable agents to sell, liaising with those agents over the sale process, negotiate on behalf of the estate and bring the matter to conclusion as swiftly and effortlessly as is possible.
- Account to the Executors for the work done and raise a prompt invoice so that you can get back to normality.
If you are struggling with the legal process following the passing of a loved one, please do get in contact. We are here to help and will always do our best to support your needs. We are fully insured up to £2m, so no matter how big the estate looks like it will be, we can sort things out for you.
Will Preparation
Will writing is an essential process that allows individuals to outline their wishes for the distribution of their assets after their passing. It is an important aspect of estate planning, and it ensures that your loved ones receive the assets you intended for them. A Will is a legally binding document that requires careful consideration and preparation. Below, we will explore the key aspects of Will writing and why it is important.
The Importance of Will Writing
Will writing is an essential task for anyone who wants to ensure that their assets are distributed according to their wishes after their passing. Without a Will, the distribution of your assets will be determined by established laws. This may not align with your wishes, and it can cause disputes among family members. Moreover, if you have children, a Will allows you to appoint guardians to take care of them in case of your untimely demise. This ensures that your children are cared for by someone you trust and love.
Will writing also allows you to minimise taxes and other expenses that may arise after your death. By creating a clear and concise Will, you can avoid unnecessary legal fees and court costs that can eat into your estate's value. Additionally, you can ensure that your beneficiaries receive their share of your assets promptly and efficiently.
What you need to know when preparing a Will
Creating a Will requires careful consideration and planning. Here are some key elements that you should include in your Will:
- Executor: An executor is a person who is responsible for managing your estate and ensuring that your wishes are carried out. It is important to choose someone who is trustworthy and capable of handling the responsibilities that come with the role.
- Beneficiaries: These are the people who will receive your assets after your passing. It is important to be clear about who you want to receive your assets and how much each beneficiary should receive.
- Guardians: If you have children, you should appoint a guardian who will take care of them in case of your death. This ensures that your children are cared for by someone you trust and love.
- Distribution of Assets: Your Will should outline how your assets will be distributed among your beneficiaries. You can specify how much each beneficiary should receive, or you can divide your assets based on percentages.
- Specific Bequests: You may want to leave specific items to certain individuals. For example, you may want to leave your family heirloom to your daughter or your car to your son. It is important to be clear about these specific bequests in your Will.
- Debts and Taxes: Your Will should also specify how any debts and taxes should be paid. This ensures that your beneficiaries receive their share of your assets without any unnecessary delays or expenses.
Let our Will writing service help you
While it is possible to create a Will on your own, it is highly recommended that you seek the services of a professional Will writing service. These services are experienced in creating Wills and can ensure that your wishes are properly documented and legally binding. They can also provide advice on complex issues such as tax planning, trust creation and charitable giving.
In Conclusion
Will writing is an important aspect of estate planning and it ensures that your assets are distributed according to your wishes after your passing. It is a task that requires careful consideration and planning and it is highly recommended that you seek the services of a professional Will writing service. By creating a clear and concise Will, you can minimise taxes and other expenses, ensure that your beneficiaries receive their share of your assets promptly and provide for your loved ones even after your passing.
Mediation
If you are struggling to reach agreement on a potentially expensive dispute, then Mediation should be considered. Whether it's Domestic, Family, Employment or Corporate dispute on which you are meeting stiff opposition and are therefore considering your options for commencing legal proceedings, then a course of action well worth your thought is Mediation.
Mediation is a legal process designed to assist the parties in dispute to reach a satisfactory and mutual conclusion, but in less time than litigation and with significantly less cost. Mediation proceedings are always confidential and information provided will never be shared without express permission. Mediation is controlled by the parties to the dispute, whereas legal proceedings run according to the timetable set by the court.
The cost of Mediation is split between the parties whereas in legal proceedings, only the losing party pays the entirety of the legal fees for the winning party. As both parties have worked together to reach a decision, compliance with an agreement made during Mediation is usually high. It is also legally binding and carries the full weight of a Court Order.
Contact Us for Legal Services for individuals
So, if you are looking for help with your legal services or just someone to guide you through the legal process, then please do get in touch. We are sure you won’t regret it.