Wills and probate

 

Wills - basic information

A will is a document that sets out someone's intentions about how their property and assets should be divided when they die.

When someone dies, their family or friends need to obtain a court order called a grant of probate in order to access and divide up the deceased´s property according to the will.

It is critical for anyone with property or assets of value to make a will. Without one you cannot control what happens to your property after you die, and your friends and family may have to deal with legal problems and an excessive tax burden.

A solicitor will make sure your will reflects your intentions, is legally valid, minimises the tax liabilities of your estate, and protects your wealth for your loved ones and preferred charities.

Probate

If a family member dies you may be responsible for administrating their estate. This is probate.

The first step is to obtain a grant of probate (or a “grant of letters of administration” if there is no will).

You will then face a number of tasks including making a valuation of the deceased´s property and debts, paying the taxes due on the estate, and dividing up the property following the terms of the will (or according to the law of intestacy if there is no will).

Even in straightforward cases, this is a time-consuming and difficult process, especially coming on top of the pain and loss of bereavement. A solicitor will do most of the work on your behalf and deal with any legal complications.

If you would like to obtain legal advice on wills and probate, Contact Law can put you in touch with a local specialist solicitor free of charge. So, if you have any questions or would like our help in finding local solicitors please call us on 0800 1777 162 or complete the web-form above.

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