Charities
We can advise on all aspects of the administration of estates.
The death of someone presents legal issues at a time when they may be difficult to face. We offer sensitive, practical and specialist advice on all aspects of the administration of estates.
Executors will often need to apply for a Grant of Probate in order to deal with the assets of the person who has died. As a result of recent changes introduced by the Inland Revenue there is now a requirement for executors to complete an Inheritance Tax Return whenever an application for Grant of Probate is required, even where no inheritance tax liability arises. This affects many estates where previously there was no requirement to report to the Inland Revenue. We can deal with the preparation of the Inheritance Tax Return and the application for the Grant of Probate on behalf of the appointed executors and ensure that matters in relation to the estate are dealt with in a timely and efficient manner.
In large or more complex estates our detailed knowledge of inheritance tax and our frequent dealings with Inland Revenue Capital Taxes can ensure that all available relief’s are claimed and that issues raised by the Inland Revenue are addressed by specialist advisors.
There may be scope for achieving and inheritance tax saving following a death by a Deed of Variation which rewrites the Will of the person who has died. We can advise on whether this is an aspect to be considered in all the circumstances of the case.
Many other varied issues can arise in the administration of an estate, for example uncertainty over whether there is a Will, beneficiaries under the age of entitlement, assets abroad, private company shares or difficulties within the family. Our helpful, experienced and specialist team can offer advice on all aspects of the estate. |