Estate and Corporate Solicitors possesses a strong and capable team of Private Client lawyers dealing with the financial and testamentary aspects of individual and family estates.
One cannot underestimate the importance of having an up-to-date Will for the loved ones, family and friends' one leaves behind, not to mention the Taxman. Inheritance tax (IHT) is one of the few almost "voluntary" taxes in the United Kingdom payable only by those who do not bother to take proper estate planning advice if the estate is likely to exceed £325,000.00 it is however likely that the threshold will be increased
Estate and Corporate Solicitors provide a cost-effective Will-writing service. Each Will is tailor made to the client. For larger estates we can provide advice and guidance relating to estate planning and taxes and can also refer clients for independent financial advice where this is appropriate.
Estate Administration involves obtaining valuations of all the assets of the estate, agreeing the tax liability, applying for the Grant of Probate and then with the benefit of the Grant gathering in the assets of the estate and administering them according to the Will or according to law as the case may be.