Many people do not take the opportunity to make a Will and on average 72% of adults do not have one. Without a Will, assets can often be left to unintended people and possibly leave loved ones missing out.
It is wise to make a Will and to review it after every few years. Our clients tell us that the peace of mind this gives them is invaluable.
At Westgate Solicitors, we can help you make your Will whatever your personal or financial circumstances, and you are welcome to phone, email or come into the office to talk about your Will in as much depth as you need.
We can guide you through the process at your own pace so that you are sure that your Will exactly meets your needs.
Probate & Estate Administration
When someone close to you dies somebody has to deal with their "estate". A person's estate is considered to be made up of the money, property and any possessions they had at the time of their death. The process of Probate involves collecting any money that is owed, settling any debts due (including outstanding taxes) and dividing the estate amongst the respective beneficiaries.
All assets (including property) in an estate will remain frozen, until the Probate Registry gives the authority (via a document know as a Grant of Representation) to the individual(s) nominated in your Will, the "Executor". If you have no Will, then it is up to the most appropriate member of the family member to act on behalf of the estate.
If there is a Will the estate will pass to the people named in the Will. If there is no Will, certain rules known as the Rules of Intestacy will apply.
Whether you are an Executor or the next of kin, we can provide practical guidance to help you deal with the administration of someone's estate. We can help you determine the size of an estate for Probate and Inheritance Tax purposes. We can prepare an application for the Grant of Representation on your behalf and help you lodge the required forms with the relevant organisations to collect monies due to the estate and settle any outstanding debts.
We can arrange the transfer or sale of any shares and work with our property team to handle the sale of any property or land owned by the deceased.
Services we provide
Our lawyers have expertise in providing you with comprehensive advice on a range of services related to Wills and Probate including:-
Islamic Will drafting (Shari ‘ah compliant)
Estate administration, including farms and landed estates
Lifetime and post death tax planning
Inheritance tax planning
Lasting Powers of Attorney (LPAs)
Powers of Attorney
Trust formation and administration
Contentious issues in Probates and Trusts (in conjunction with our litigation specialist team)
Our fees are competitive and we can draft your Will for as little as £250.00. This small investment will save a lot of hassle, time and money for your loved ones.