Wills, Trusts and Estates

The importance of making a Will cannot be over-stressed. Each Will is tailor-made for the client taking into consideration his or her personal financial circumstances, family and commitments and the possible incidence of taxation and in particular inheritance tax.

After a death it is important to those who are left behind that the Estate is administered with sympathy as well as efficiency. This involves obtaining valuations of all the assets of the Estate, agreeing the tax liability, petitioning the Court for the appointment of an executor or executrix where appropriate, and applying for Confirmation. Thereafter with the benefit of Confirmation gathering in the assets of the Estate and administering them according to the Will or according to law as the case may be. In some cases a Trust may arise under the provisions of a Will or an Intestacy which could last for many years. It will normally require the advice and assistance of a Solicitor and in many cases a skilled Financial Advisor.
In dealing with the personal affairs of clients it is also appropriate to mention Powers of Attorney and Gaurdianship Orders available to enable relatives, friends, or professional advisors to administer the affairs of elderly or infirm persons who, for whatever reason, are unwilling or unable to manage their own affairs.

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