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.
OUR SERVICES
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...
Not everyone will need long term care, but it is true that the need for long term care in Britain is on the increase, due to the fact that we are all living longer...
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...
INSIGHTS
Need some help? Our tips and guides should help you.
A Will is a document which allows you to decide how your money and property will be distributed after your death and who should deal with the administration of your...
Do I really need to make a will?
Clients often ask me this, as many believe wills are for people with complex affairs or the wealthy. This is not necessarily the case...
A Power of Attorney is the document you sign to appoint an attorney. There are many different types of Power of Attorney. The Power may be limited to certain property or certain actions, or it may give your attorney...
Planning for long term residential care?
Not everyone will need the services of a nursing home in later life, but the demand for care is increasing as we all live longer – not necessarily in good health...
We find that clients are often concerned about this issue, after having been told horror stories by friends and family about other people having to sell their homes to...
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....
28 January 2020
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Care home fees: How to stop the value in your property being swallowed up…
The spectre of care home fees can loom large for older couples. Richard Barlow explains how you can stop some…
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The importance of updating your will
A will isn’t something you can set up and forget. This month, Kerry Green highlights the importance of keeping it…
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How empty homes can be a housing solution
Government figures estimate there are 600,000 empty homes in England, 216,000 of which have been vacant for more than six…
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Difficult discussions about death
Taking about death might not be easy, but it is hugely important. This month, Hannah Montague highlights the need to…
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FEE INFORMATION
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.
