Wills and Probate
If you own any assets, no matter how few, making a Will is essential.
It is only by making a Will that you are able to ensure that your estate is divided and your family provided for as you wish. If you do not make a Will, the state will decide what should happen to your children and how your assets are distributed.
Please contact us if you would like some more information regarding our Wills service.
Drafting and updating
We would be pleased to provide you with an estimate of our costs for preparing your Will, and we are confident of our ability to provide you with a skilfully-drafted document that caters for your individual needs. Updating your Will as and when required can be done simply and cost-effectively.
We have wide experience in the administration of estates of people who have died, both simple and complex. We are conscious that this can be a difficult and emotional time, and will always seek to ensure that matters are dealt with quickly and in a sensitive manner.
We have the expertise to advise on any measures that can be taken to reduce or eliminate potential tax liabilities.
Tax and Trusts
This department offers a thorough knowledge of the complexities of the personal tax rules which, coupled with an imaginative approach, can be used to ensure that you pay no more tax than is necessary.
We have extensive experience in the creation and administration of trusts and other tax-efficient means of providing for members of your family. We will explain the taxation and other implications of making a voluntary lifetime gift, either to another individual or into a family trust. A trust can be used to preserve assets for your family.
We have the expertise to advise on the different types of trust that can be created and to recommend the most suitable form to meet your personal requirements. We will assist in the day-to-day management and administration of a trust fund, and partners of Gullands are willing to act as individual trustees.
We can arrange for an existing trust to be restructured, where this is possible within the terms of the original trust provisions, with a view to reducing potential tax liabilities or more closely meeting the family’s requirements.
We advise and can assist in the creation of charitable trusts, including the registration of such trusts with the Charity Commission.
Powers of Attorney
If you wish to give another person authority to manage your affairs for reasons such as immediate absence abroad or as a precaution for the future, we will undertake the preparation and completion of a Power of Attorney for this purpose.
We will advise on individual financial matters and can, if required, take over the entire administration of your financial affairs.
For legal assistance with matters related to wills and probate contact our dedicated legal team either by telephone on: 01622 689706 via email: [email protected] or by completing our online contact form.