We advise on and prepare Wills. We are good at it.
Wills are extremely important and necessary documents that are designed to distribute assets after death. It’s not a scary thought to know your dependants are being cared for. Preparing a Will with us doesn’t need to be time consuming and is not expensive however much we tailor your documents. We do not charge percentages of estate values for any of our work (including probate) and you will receive the work we carry out for the price we quote.
We also have solicitors highly experienced in resolving disputes and litigation on probate matters providing practical and helpful advice on what can be a highly emotional matter. Litigation is often not the most cost-effective way to resolve disagreements and we aim to reach the most commercially sensible resolution and give you accurate information to allow you to make an informed decision at what can be a difficult time.
We will give straightforward advice on your rights and obligations if you feel a will is not valid or you are not being treated fairly in an estate matter.
Please contact us if you would like a no obligation quote or if you wish to explain your situation to one of our specialist solicitors and we can discuss your options.
Power of Attorney
Powers of Attorney allow you to appoint someone to act for you on your behalf. There may be a number of reasons why you would want that to happen, and there are two types of Power of Attorney we would look at drawing up for you, depending on what you require:
- Health and Welfare
- Property and Financial
The process is not as simple as to use to be. The law has changed and the process is longer and more complicated as it is designed to protect you, your family and dependents. However, we can make this as easy as possible for you.
In drawing up your Power of Attorney, we will:
- Guide you through the process.
- Provide full advice on the details on Attorney Law
- Take a sensible approach to fulfilling your aims, without over or under providing.
- Fill in all of the forms for you.
- Ensure that the document is legally effective.
- Register the forms on your behalf.
Our pricing is simple and transparent. We will look at your circumstances and advise on whether a Power of Attorney is what you really need and if so, we will tailor the forms and the details to your requirements.
An independent overview from the government is available here and briefly sets out the steps involved.
If you would like your Power of Attorney handled by experienced our professionals please contact us and we can arrange for one of our dedicated solicitors to listen to your situation and give bespoke advice based on your personal circumstances and individual wishes.
A Trust is a legal relationship created to place assets under the control of a Trustee for the Beneficiary.
What can I put into a Trust?
• Other property, eg cars, collections, heirlooms
Who should I leave my assets to?
That is a question for you but we can guide you through who you should consider making the beneficiary of a Trust. These are likely to be family members or close friends but there can be others whom you want to provide for.
Who should be my Trustees?
This is an important decision. The Trustees should be trust-worthy and have a good administrative and organisational approach.
Whomever you choose they will be bound by Trust Law to ensure that they are doing their job as Trustee properly. If they are not the beneficiaries or the settlor of the Trust may bring a claim against them.
As well as setting up your Trust we offer a full set of services as Trustees which will ensure your Trust is being looked after professionally should you wish.
When can I create a Trust?
So long as you are legally able to sign a Trust document you can create a Trust. It is usual for people to create a Trust during their lifetime but Trusts can also be created in a Will, when that person has died.
We can advise you on the creation of both Wills and Trusts, whether the Trust is set up in your Will or not.
Are there massive tax benefits to having a Trust?
We do set up structures, including Trusts, that have tax benefits and can advise you on the best way to go about doing that.
If the trust is set up purely for avoiding a tax bill, now or in the future, that is likely to be ineffective. There are nearly always other reasons for setting up Trusts and we can ensure you are aware of the pitfalls before creating anything unsuitable.
What kind of Trusts should I look at?
We can advise on different uses of each Trust and different combinations based on your individual requirements.
If you need straightforward and practical commercial advice on Trust Management matters, contact us and we can organise for you to talk to one of our specialist solicitors.
At an incredibly stressful time obtaining Probate and administering a Will is one of the last things you want to do. We do our best to ensure the stress is kept to a minimum and if you are looking for a professional approach to settling an estate after death, our dedicated team can look after everything from beginning to end.
If we have already been appointed as a Trustee we can help with the decision making and take all the administration off your hands and contact the other Trustees automatically.
We will keep you informed regularly, sensitively and considerately. Keeping you up to date at every step to ensure you know what is happening, the time frames and what progress has been made.
Costs are a huge concern, but whatever the situation we are transparent about our charging and about what is included and what is not.
We have two Fee Structures.We will discuss and agree from the outset which best suit your circumstances. These are:
An hourly charge provides a better reflection of the work we carry out. If there are very few assets to collect with little complexity overall, even a £10million estate can cost very little to wind up.
However, it is advisable to bear in mind there are many things which may affect how a matter progresses. If it does become complex, an hourly rate may mean an increase in costs compared to what you expected (although this can still be less than a fixed fee). The fee paid at the end, however, will always be a fair reflection of the time we have spent on your work.
A percentage of the estate
A percentage in advance can be agreed to cover the work required to obtain probate, collect the assets in the estate, draw up accounts and distribute them amongst the beneficiaries.
We charge a rate of 2% of the total value of the estate. Therefore, if you have an estate with a value of £250,000 our fees will be capped at £5,000 (plus VAT).
All we need is a call from you and we can talk through your individual circumstances, discuss the case as a whole and be transparent about the costs going forward.
When you ask us to help with a probate matter, we do need to ensure that we have all the information relating to the deceased’s estate. We need preliminary identification of the executors and certain documents to give us a place to start. These will typically include:
Credit card details
Property information – at home and abroad
Investment details and statements
Details of any collections
Details of all other assets, cars etc
We can help obtain most of this information for you and can even attend the deceased’s home to look for information should you wish. You may find this easier than doing so yourself, or we can suggest an independent company to help with that.
How long an estate takes to ‘wind up’ depends on several things, but the most prominent factors are the complexity of the case and whether there are any foreign elements to the estate and or assets. That said, the majority of estates can be wound up within a six-month period. We will keep you appraised of the situation as the case moves on and forewarn you of any hiccups or matters that may extend that time frame.
If you would like to know more about how we can simplify a probate matter, please contact us and one of our dedicated specialist Probate solicitors can listen to your particular circumstances and give you the information you need to make an informed decision about how you would like to proceed.
Private Client Disputes
We recognise you need the opportunity to organise your private financial affairs for tax, personal, family or convenience reasons. We can help should the worse happen and a Will is required. We provide continuing advice to ensure your family and friends, wealth and personal property are organised and provided for as you decide. We can advise on preferred tax reducing structures or simply sort your assets in accordance with your instructions.
These are the general areas of our expertise, however we will look in detail at options for individual clients, as circumstances require:
- Probate administration on death
- Probate Litigation
- Trust – creation, organisation and administration
- General Wealth Management
If you need straightforward and practical advice on private client matters, contact us and we can organise for you to talk to one of our specialist Private Client solicitors.
Family & Divorce
London divorce solicitors who do more to look after your interests are hard to come by. Many just manage the case and paper work. Handling cases discretely and delicately is key to successfully managing a divorce. Having a divorce solicitor on hand to do these difficult things for you is so important. We specialise in looking out for you and managing what you want to achieve against what is realistic and ensuring the best outcome.
Experts, not just case handlers
We are divorce solicitors who are experts in litigation and commercial cases. It makes us perfectly placed to negotiate financial and practical settlements as early as possible. If business assets are involved, we have the expertise to guide you through that.
We will bring experts on board only if required, forensic accountants and other investigators are not always needed and we avoid them if possible. We already have working relationships with contacts who will understand your situation and financial position.
Supporting your family
We work for you, and you work for your children. They must come first in any divorce proceedings. The finances are there to support them and having the balance between what your partner wants and what your children need is our main objective.
Checking on costs
We guide you through the entire process clearly and as quickly as possible. We are always conscious of costs and will quote for work wherever we can. Budgets are worked out as early as possible so you know where you are starting from and where it could lead to.
Have your case reviewed with us
Have your case reviewed with us and get results
294, Gray's Inn Road, London
London Office +44 (0)20 7323 5000
294 Gray’s Inn Road
London, WC1X 8DX