Our expert solicitors in Blackburn can help you create a Will and structure your estate in the best way to protect your assets and wealth for those that you love. With a deep understanding of estate planning, we can help you set up trusts and minimise the amount of tax that may need to be paid on your estate, once you pass away.
If you need help with the legal aspects of administering an estate, then get in touch with our Probate solicitors. We are experts in helping family and friends deal with the stresses and burdens of administering an estate.
At Forbes Solicitors in Blackburn, our Contentious probate team can assist you with Contesting a Will or Probate, if you feel you have been unfairly left out of a Will or have not benefited enough.
If you need legal advice on Wills, Probate, Tax and Trusts, contact Forbes Solicitors today.
When a loved one dies, the administering of the estate can feel like an insurmountable task. If there is a Will, it will be the responsibility of the executors to deal with the deceased's estate and our expert Probate solicitors have plenty of experience, and can help take this responsibility off the family and deal with the necessary legal procedures of Probate.
If there isn't a Will, we can still handle the Probate process, but the steps will be a little bit different. When there isn't a Will, those who are responsible for dealing with the estate are called administrators.
Executors or administrators will be required to do a number of tasks, which include:
Closing down bank accounts
Selling or transferring assets such as property
Dealing with legacies
Settling debts - including funeral expenses
Sorting out tax issues
When a loved one dies, the administering of the estate can feel like an insurmountable task. If there is a Will, it will be the responsibility of the executors to deal with the deceased's estate and our expert Probate solicitors have plenty of experience, and can help take this responsibility off the family and deal with the necessary legal procedures of Probate.
If there isn't a Will, we can still handle the Probate process, but the steps will be a little bit different. When there isn't a Will, those who are responsible for dealing with the estate are called administrators.
Executors or administrators will be required to do a number of tasks, which include:
Closing down bank accounts
Selling or transferring assets such as property
Dealing with legacies
Settling debts - including funeral expenses
Sorting out tax issues
A Will is an important legal document that sets out your wishes for what you want to do with, and who will benefit from, your money, assets or possessions when you die. A Will, if executed correctly, is a legal document and will be difficult to challenge.
There are many benefits to making a Will - especially if you have children, property or business. If you make a valid Will, you can:
Choose who will benefit from your Will
If your children are minors, nominate who will look after them (if both parents die)
Potentially reduce your inheritance tax
Choose who will be the executor of your estate.
Another important thing to consider is making a Lasting Power of Attorney. A Lasting Power of Attorney is a document that allows you to appoint someone to make decisions on your behalf if you should lose the ability to make decisions yourself. Take a look at our Lasting Power of Attorney page for more information.
A Will is an important legal document that sets out your wishes for what you want to do with, and who will benefit from, your money, assets or possessions when you die. A Will, if executed correctly, is a legal document and will be difficult to challenge.
There are many benefits to making a Will - especially if you have children, property or business. If you make a valid Will, you can:
Choose who will benefit from your Will
If your children are minors, nominate who will look after them (if both parents die)
Potentially reduce your inheritance tax
Choose who will be the executor of your estate.
Another important thing to consider is making a Lasting Power of Attorney. A Lasting Power of Attorney is a document that allows you to appoint someone to make decisions on your behalf if you should lose the ability to make decisions yourself. Take a look at our Lasting Power of Attorney page for more information.
What is the average cost of making a Will?
There is no average cost of making a Will. However, if your estate is simple and straightforward, we at Forbes Solicitors Blackburn, offer fixed fee Will services.
How do I go about making a Will?
The best way to make a Will is to seek the advice of a solicitor. They will be able to ensure that your Will is valid and takes into account all the considerations needed to ensure a smooth Probate process.
When is Probate required?
In the jurisdiction of England and Wales, Probate is required when property (houses, buildings and/or land) is owned by the deceased. It is also required to shut down bank accounts or other financial products that were owned by the person who died.