Wills, Trusts & Probate Solicitors
Here at Chattertons, our team of Wills, Trusts and Probate solicitors is one of the largest in the region. Every year, we prepare over 1,000 wills for our clients, helping them to minimise tax liabilities and preserve assets for their families. As well as wills and wealth management, our dedicated team work to reduce the stress involved with estate administration. Hand-picked for their expertise in this sensitive area of law, you can count on our solicitors to provide strategic advice that’s tailored to your individual needs.
Why choose Chattertons for Wills, Trusts and Probate?
Whether you’re looking to get your affairs in order, simply need advice on wealth management, or seek assistance with estate administration, you can count on our team of expert solicitors and tax advisors for legal and financial guidance. At Chattertons, we don’t believe in off-the-shelf solutions. So, once instructed, we will always focus first and foremost on gaining an in-depth understanding of your family situation, your requirements and your objectives in order to provide the very best bespoke advice and practical assistance.
Our experience in succession planning not only covers family matters and the family wealth but also extends to commercial interests and how family business ownership is best protected. A number of our solicitors handle niche areas, with a bias towards agricultural assets, incapacitated clients and contested wills and estates. So, no matter how complex your circumstances, you can rely on Chattertons for a first class, personal service.
How can our Wills, Trusts and Probate solicitors help you?
To find out more about the services we provide please visit one of the following pages:
- Probate and Administration of Estates
- Powers of Attorney
- Court of Protection
- Care Home Fees
- Inheritance Tax Planning
- Contesting a Will
- Selling Property
- Property Gifts and Transfers
- Wealth Management
Why do I need a will?
Writing a will is one of the most important legal documents we can make in life. Despite this, the majority of the British population still do not have one in place. Without a will, the laws of intestacy will apply after you have passed away. This means your estate will be divided according to a strict set of rules, irrespective of your intentions. Creating a valid will ensures that your chosen beneficiaries will inherit the amount you intend from your estate. It is important to review a will regularly as your ownership of assets change or where family events cause you to consider new chosen heirs. This can follow the birth of a grandchild, a breakdown in a family relationship or simply a wish to include a new beneficiary to your personal wealth.
Why do I need a Trust?
Trusts can be established for a number of reasons, but generally are used to control and protect family assets. By setting up a Trust, you transfer a portion of your estate to a Trustee. The Trustee is responsible for managing the Trust and transferring the specified amount to the beneficiary as and when the Trust states it should be transferred. There are many different kinds of Trusts but ultimately; they can be used as a tool to make your estate more tax efficient. This is useful for those concerned that their beneficiaries will be faced with a large sum in inheritance tax. For more information on how a Trust could benefit your family, get in touch with the team of solicitors and tax advisors at Chattertons today.
What is Probate?
Following a death, the executor named in the will of the decedent is responsible for the administration of their estate. In order to gain the legal right to do so, the executor must apply for a Grant of Representation, otherwise known as ‘probate’. Once obtained, the executor is tasked with ensuring each beneficiary named in the will receives the property, money or possessions they are entitled to. To undertake estate distribution, the executor must collect the estate’s assets, for example the money from the sale of the property. They will also be responsible for paying any debts such as unpaid utility bills from the estate, as well as notifying all the relevant authorities. While estate administration can be completed alone, it can often be a complicated process.
Enlisting the services of a specialist probate solicitor is highly recommended to ensure no stone is left unturned and the process does not drag out longer than it must. Should there be any disputes that arise surrounding the contents of the will, our Wills, Trusts and Probate solicitors will be on hand to advise and assist you to a fair resolution.
For expert advice on wealth management, estate planning and administration, get in touch with our Wills, Trusts and Probate solicitors today by filling our out short enquiry form on the right of the page. A member of our team will get back to you as soon as possible.