C&G - Will and Probate Solicitors
WILLS - PROBATE - POA - TRUSTS
Planning for the future after you are gone, is, although often a painful thought, a task that is a necessary evil. Questions people often ponder, but never do anything about are;
If you are asking these questions, then do not think of yourself as daft, think of yourself as protective and clever. No one wants their family to suffer when they are gone, in fact it is the opposite. And this is where C&G solicitors can help. We can provide you with all the assistance and education you need to ensure that you put things in place that ensure that your family and estate are fully taken care of, with everyone getting what they are entitled with minimal fuss.
- Will my family be provided for and taken care of when I am gone?
- Who will pay for my funeral?
- How will my estate be divided and who will deal with all the aspects such as tax and probate?
- Can I set up a trust for my children?
- What happens if I do not have a Will?
- What happens to my house if I go into a home?
- Who will take care of my children or pets when I die?
If you are asking these questions, then do not think of yourself as daft, think of yourself as protective and clever. No one wants their family to suffer when they are gone, in fact it is the opposite. And this is where C&G solicitors can help. We can provide you with all the assistance and education you need to ensure that you put things in place that ensure that your family and estate are fully taken care of, with everyone getting what they are entitled with minimal fuss.
HOW C&G SOLICITORS CAN HELP
At C&G we recognise that when you are dealing with the estate of a loved one who has recently deceased it is a very daunting task. If the deceased left a Will, things can be slightly easier, but you will still need to obtain a Grant to access the deceased’s estate and finances. At C&G we are used to assisting families deal with the legalities of Probate and handling of Estates.
Even the terminology used when it comes to dealing with a deceased’s estate can be confusing and the last thing you need to be encountering when dealing with the death of a loved one is to be attempting to learn a language and rules that will appear foreign. Again, this is where we can help. The C&G team recognise the burden that can be placed on loved ones at the time of need and have the experience to ensure that you will not be placed under any undue stress with the basic legalities.
Our services range greatly, and we are able to assist with:
Even the terminology used when it comes to dealing with a deceased’s estate can be confusing and the last thing you need to be encountering when dealing with the death of a loved one is to be attempting to learn a language and rules that will appear foreign. Again, this is where we can help. The C&G team recognise the burden that can be placed on loved ones at the time of need and have the experience to ensure that you will not be placed under any undue stress with the basic legalities.
Our services range greatly, and we are able to assist with:
- Will and Inheritance Planning and Disputes
- Probate and Estate Administration
- Setting up and management of Trusts
- Lasting power of Attorneys
COMMON QUESTIONS
wILL MY CHILDREN HAVE TO PAY INHERITANCE TAX?
Inheritance tax is payable if the net estate, i.e. all the deceased assets less debts and funeral expenses, are greater than £325,000. There is the potential for some exemptions and reliefs and that is why it is important that you seek legal advice prior to distribution of an estate that may incur this charge.
wHAT IS PROBATE?
Probate is required for all Estates which are not being automatically passed on a surviving joint member such as husband or wife and are above a certain value. If the assets less than £15,000, then probate is not normally sought – Greater than £15,000, such as Estate or savings then Probate is usually required.
Do I need a Power of Attorney if I have a Will?
Power of Attorneys or LPAs or POAs as they are known, are in place to allow someone else top act in your best interests, such as look after your wellbeing or finances. This is beneficial if someone is incapable (through disability or illness) to be able to complete paperwork or take care of their finances. If you assign someone as your LPA, you want to ensure that is a party you can trust, as once they are registered as your LPA, they can fully manage your finances if you are deemed incapable of doing so.
do i need to make a will?
It is not illegal to not have a Will, but if you do not, be conscious of the fact that it will then be down to the law will decide who receives your estate and any money and possessions you had. If you have a partner and dependents, this could mean they get nothing, or if they do, it could be a while before they do as the legal bodies will not review your situation as urgently as you dependents would want.
Can I contest a Will I believe there is an error?
Under probate law, Wills can be contested by Spouses, children and other parties that are mentioned in the Will. If you believe there is a problem with the Will, such as the person was under duress, lacked capacity or the Will was made fraudulently you can notify the court and a Will contest begins. If the Will contest is successful it is probable that the Will would be revoked, and the estates and assets would be distributed as if no Will had been made.
When it comes to ensuring that your family are taken care of when you leave, there are many proactive steps you can look at doing. From Will drafting to setting up of Trusts to assigning an LPA. When you are doing this, you want to know that everything is being done legally and correctly. With over 20+ years’ experience in family law, the C&G team are suited to assist throughout the process. If you require any further assistance or have questions that are still unanswered, please get in touch