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.
The answer is No. It is a common misconception that when a person dies their debts die with them. When …
Read more Wills & ProbateWhen you act as an Executor you are expected to act reasonably and act in the best interests of the …
Read more Wills & ProbateYou need to make a statement saying why you think the Will should be written as you suggest. The Court …
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 & ProbateSadly arguments do happen. Contact us for advice if someone is questioning: The contents of the Will Whether the Will …
Read more Wills & ProbateAn executor is responsible for looking after your money, property and other assets after your death and carrying out the …
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 & ProbateYes, the solicitor is allowed to charge reasonable costs for acting as an executor. The usual charges are between 1½ …
Read moreOur highly skilled team of specialist solicitors have been established in the City of Wakefield for over 100 years.