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Wills and Probate
Quite simply, anybody who has financial assets and/or responsibilities, a partner, and/or children, should have a Will. Don’t rely on the general law to distribute your estate as you would want to, if you die without a Will (intestacy). In particular, the position of long term partners who are not married, or in a civil partnership, is most vulnerable - the general law makes very little provision for them. They may have nothing better than a possible claim under the Inheritance Family Provision Act i.e., persuading a Court to make reasonable provision for them.
Wills need not be long and complex and indeed we try to draft our Wills in simple English. There are formalities which have to be complied with, for that reason we recommend that a Will is professionally drawn, and signed and witnessed at our offices.
A well drawn Will can dispose of your assets as you wish. If you are in a long term relationship it is most sensible to discuss what is to happen after death with your partner/spouse.
Your input into the Will is quite simple:-
We will then normally prepare a draft Will and send a copy to you for approval, and then arrange a meeting at our offices for the document to be signed and witnessed.
Probate is the general name given to the work involved in collating, administering, and distributing an estate of someone who has died. It can be a paper heavy and protracted process, but at all stages we strive to keep matters as simple as we can, and to keep you informed. In very brief and simple terms the administration of an ordinary estate, where there is no disagreement, comprises the following stages:-
The costs of drawing up a Will are normally quite modest, the costs of dealing with probate/administration are calculated on a time involvement basis in accordance with our current published time charging rates. If a member of this firm is actually appointed as the Executor, or one of the Executors, an additional value based percentage charge may be applied. We will confirm the basis of charging before commencing work.
A well drawn Will can mitigate Inheritance Tax in certain circumstances, but in any event there is a two year window of opportunity (under present legislation) to vary the terms of the Will or the distribution of the estate on intestacy, if the beneficiaries agree and if it seems a sensible course to take.
If you instruct us in connection with the administration of an estate, we believe that you will find us helpful and sensitive at a time which can be very difficult and trying.
Authorised and regulated by the Solicitors Regulation Authority.Hugh-Jones LLP is a limited liability partnership registered in England and Wales (registered number OC357903, registered office as above) and is authorised and regulated by the Solicitors Regulation Authority. Any reference to partner in relation to Hugh-Jones LLP is to a member of Hugh-Jones LLP. "The word 'partner' is used to refer to a member of the LLP or an employee or consultant with equivalent standing/or qualification."