Regardless of how old you are, having a will is vitally important. Whether you’re planning on leaving your estate to loved ones or charity, you want to have a will that reflects your wishes. We’re able to give you professional assistance with the preparation of wills, trusts and inheritance tax planning. If you’re not able to come to our offices, we are able to come to you. Please get in touch with us for more information.
You want to have a will that makes sure that your wishes are correctly and clearly stated. We’ll take the time to understand your requirements when we’re drafting your will.
People lead complicated lives; marriage, divorce, children and other dependants can all change how you set out your will. The will we draft will take everything into account that you want. You’ll find it can be a great relief having a will where you know your wishes will be met.
The business of probate and administration of an estate comes at a time where you may be feeling particularly emotional and vulnerable. We deal with these matters both professionally and sensitively. From grants of probate to letters of administration, we can be involved as much or as little as you require. We’re here to ensure that probate is carried out correctly. We are very willing to give estimates for the costs involved in estate administration and of the firm’s appointment as executors and trustees.
We are very happy to discuss our fees with you. We also offer you a free interview at the outset to assist you with any queries you may have concerning the administration of the estate.
They are usually based on an hourly charge rate of £250 plus VAT per hour and a very small responsibility element being a percentage of the gross estate of 1% in respect of the value of the estate declared save for the residence where the percentage is .5% of the value of the property. Where Griffith Smith Conway act as Executors of an Estate then the responsibility percentage charge of the gross estate is 1.5% and .5% in respect of the deceased’s residence. Again we do not charge any percentage where we act on the sale of the residence.
We treat each probate on an individual basis, due to the different configuration of the estate’s assets and liability and the complexity of the terms of the Will.
We use specialist trust accountants to provide you with estate accounts and deal with the estate tax returns. The charges made are passed to the client without mark up.
WE ACT BOTH IN CONNECTION WITH WILLS MADE BY US
AND WHERE THE WILLS HAVE BEEN MADE ELSEWHERE.
FOR MORE INFORMATION CALL US ON:
01273 821 577
Setting up a trust can help you to minimise your inheritance tax liability. Inheritance tax, capital gains tax and income tax can be complicated; it can be in your interests to get professional assistance. If you’d like more information about how we can set up trusts and assist with more complex tax planning, we would be happy to arrange a consultation to discuss matters further.
Griffith Smith Conway Solicitors are authorised and regulated by the Solicitors Regulation Authority (No. 63484) under the Solicitors Code of Conduct.
