At Thorneycroft Solicitors, we have earned a reputation for providing a caring and sympathetic approach to all areas involved within the preparation of wills and the administration of estates, putting our clients wishes and best interests, first at all times.
We recognise that these can be difficult and emotional experiences but we will help you to ensure that your estate is distributed in accordance with your wishes.
We provide impartial and independent advice which covers a range of different services including:
- Preparation of wills
- Probate and estate administration
- Tax planning for individuals ,trusts and estates (including inheritance tax, asset protection, capital gains tax planning)
- All probate issues (including contested wills)
- Advising and acting as executor
- Deed of variations to wills
- Court of protection applications
- Enduring powers of attorney
- Care Fee planning
- Gifts of property
Why You Should Make A Will
- You choose how you want your property and possessions to be dealt with in the event of your death
- By making a will, you can provide for a spouse or partner, and eliminate the problems that can arise when no will is left.
- You can appoint the Executor of your choice, to deal with your estate
- If your children are still young,you can create a financial framework that will look after their needs until they are old enough to do this for themselves. You can also give directions as to who will look after them.
- Making a will enables you to give gifts, or sums of money, to specific individuals or organisations/charities.
- By leaving a will, you can restrict tax liabilities and ensure that your estate goes to the people most important to you.
Problems That Can Arise When There Is No Will
- Intestacy laws will apply and your estate will be dealt with as the law requires, rather than in accordance with your wishes.
- There may by greater tax liabilities than if a will had been prepared and tax issues dealt with in advance
- Disputes may arise between family members. This can be particularly relevant where a surviving unmarried partner remains. He/she will have no automatic claim to any part of the estate.
- Disputes may also arise between first and second families.
- Business partners may be left in a position of their business being put at risk.
Wills & Probate contact: sharonfarrow@thorneycrofts.co.uk