You may think making a will is complicated and expensive, but for the majority of us, this is not the case. For expert legal advice call our wills & probate experts at Taylor&Emmet on 0114 218 4054 or contact us online.
A will is an expression of your wishes, which takes effect when you die. If you do not make a will, you die ‘intestate’ which means the law decides who receives your assets. If you are living with someone, but you are not married, the intestacy rules will not recognise your relationship.
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You don’t have to sell the asset to have a capital gain – tax will still be payable if you simply give it away. For example, if the house was bought by...
At Taylor & Emmet LLP we are committed to providing the highest quality of legal advice for older and vulnerable people, their families and carers.
Inheritance tax can also apply to lifetime gifts. Outright gifts to individuals may be subject to tax if you die within 7 years of making the gift, and gifts...
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There are three types of Power of Attorney and their purpose is to enable someone to deal with your financial and personal affairs on your behalf.
If you have been appointed as an Executor or a close relative has died and you are the nearest relative, dealing with someone’s estate can be a daunting task.
A trust includes any arrangement where one person (the “Trustee”) holds money or property (the “Trust Fund”) for the benefit of someone else...
WILLS, TRUSTS & ESTATE DISPUTES
Unfortunately, for a large number of people, the death of a relative or loved one creates significant problems, even where it appears that a Will has been made.
WILLS WRITING
Will writing service
Whether you want to make a will, or you need to deal with the affairs of a loved one, our compassionate and experienced solicitors can support you through every stage of the process.
We pride ourselves in providing a service that is both professional and personal, and find that most of our clients prefer to meet face to face when discussing these sensitive matters. Appointments outside of normal office hours and home visits are available, but we can also deal with most types of work by post, telephone and email if you prefer.
We charge fixed fees for many of our services and can usually give you a fixed quote straight away. In all other cases we are happy to conduct an initial meeting without obligation and after that meeting will provide a clear quote or estimate so you know what our charges will be before deciding whether or not to go ahead.
Making a Will may seem complicated and expensive, but in the majority of cases this is not the case.If you do not make a will the rules of intestacy will control...
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Need some help? Our tips and guides should help you.
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Executors - what you need to know
Executors are responsible for administering the estate of the deceased in accordance with the terms of his or her Will, but it can be a difficult and complex role to carry out....
02 July 2020
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If you have been appointed as an Executor or a close relative has died and you are the next of kin, dealing with someone’s Estate can be a daunting task.
Probate is the process of dealing with the Estate of someone who has died, which generally means gathering in all of their assets, settling debts, paying any taxes due and then distributing what is left in accordance with their Will. If the deceased person did not make a Will the Rules of Intestacy will apply and determine who is entitled to the Estate.
Probate is usually carried out by the person(s) appointed as Executor(s) in the Will or, if there is no Will, the deceased’s next of kin. If the deceased has left a Will the Executors appointed under the Will are able to administer the Estate and their authority is ratified by Court Order known as Grant of Probate. If the deceased died intestate (without a Will) then, before administration of the Estate can begin, a Court Order must be obtained which is known as Letters of Administration.
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0114 218 4000
We have legal experts near you
If you are interested in understanding how Taylor&Emmet can help you with wills, probate and estate disputes then please contact:
Richard King
Partner
Head of Wills & Probate
Tel: 0114 218 4054
Office: Sheffield