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Whether or not you own a house you should have a will. The importance
of making a will cannot be overstressed. Each will is tailormade for
the client. We can advise you how to minimise any tax (Inheritance
Tax, Capital Gains Tax) and help you achieve peace of mind.
After
death it is important to those who are left that the estate is
administered with sympathy as well as with efficiency. It involves
obtaining valuations of all the assets of the estate, agreeing the tax
liability, applying for the Grant of Probate (or Letters of
Administration in the event that there is no will) and then with the
benefit of that Grant gathering in the assets of the estate and
administering them according to the will or according to the law as
the case may be. In some cases a trust may arise under the provisions
of a will or intestacy and that trust could last for many years. It
will normally require the advice and assistance of a solicitor.
In dealing with personal affairs of clients it is appropriate to
mention powers of attorney and Court protection orders. These are
normally granted to enable relatives, friends or professional advisors
to administer the affairs of elderly or infirm persons who, for
whatever reason, are unwilling or unable to manage their own affairs.
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