If the estate is valued at more than the nil rate band then the estate will usually have to pay Inheritance tax. However, there can be some exceptions to this and some reliefs or exemptions might be available that mean that Inheritance Tax does not have to be paid. We can advise on this and ensure that all available reliefs and exemptions are claimed.
Only if there are serious disagreements between beneficiaries and/or the people making the Will.
Read more Wills & ProbateAn executor is the person who has to deal with the deceased’s estate. Responsibilities include: paying of the deceased’s debts …
Read more Wills & ProbateIf you don’t have a Will when you die, the law will decide how your estate is distributed. This is …
Read more Wills & ProbateThis is the term used to cover everything that needs to be done to deal with an estate. It involves …
Read more Wills & ProbateYes. In England, Wales and Northern Ireland you must be over 18, and in Scotland you must be over 16. …
Read more Wills & ProbateThere are several options for protecting your children’s inheritance if you die before your spouse/civil partner/partner. The choice can depend …
Read more Wills & ProbatePartners will usually hold their property jointly, this is known as ‘Joint Tenants’. If you hold your property as Joint …
Read more Wills & ProbateA Will allows you to specify who you wish your estate to pass to upon your death. If you have …
Read moreOur highly skilled team of specialist solicitors have been established in the City of Wakefield for over 100 years.