Wills and Estates

Our Wills and Estates team provides innovative solutions to the legal and financial challenges of estate planning. We focus on both long-term estate planning requirements as well as ongoing family-related concerns. Our services include the preparation of wills and powers of attorney and the creation of trusts to facilitate estate-planning endeavours.

We offers in-depth advice to individual clients as well as to trust companies on a range of legal issues, including the interpretation and enforceability of wills and trust arrangements, the rights of beneficiaries, the duties of executors and trustees, and mental incapacity issues.

Wills and Estate services:

Advising clients in all aspects of tax estate, trust, probate, and family and personal planning
Advising on all aspects of estate planning and administration
Preparation of powers of attorney, wills, trust agreements, personal contracts and shareholders’ agreements
Succession planning for owners of independent businesses

Estate and Succession Planning

Estate planning is an important element of both the income tax planning and testamentary planning process. We can review investment goals and objectives both, to increase your income and wealth from a tax planning perspective and to analyze what effect proposed changes will have on your estate and the amount of tax that will become due on death. We can suggest ways clients can reduce the tax impact on their estates, maximizing the amount available to beneficiaries. Various strategies are available to individuals to compensate for taxes that estates will face.

Expertise

Family or discretionary trusts
Guardian appointments
Incapacity planning
Planned giving – advice on the creation of foundations and trusts
Powers of attorney
Probate planning
Shareholders’ agreements
Succession planning
Tax

Probate and Estate Administration

Probate is a declaration by the court that confirms the validity of a will and the authority of the executor. There is no general requirement that a will be submitted to probate.

Many estates are processed without a probate application, and several strategies can be used in advance to avoid the need for a probate application.

Probate is usually required because third parties, such as financial institutions or the land registry office, are unwilling to rely on a will unless the court has confirmed its validity.

Where there is no will, an application for a certificate of Appointment of Estate Trustee Without a Will may be required to appoint an administrator to handle the estate. If an application to the court for probate or administration is required, we can assist you with the application and the administration of the estate in a timely and efficient manner.

Let's talk

Loyalty Law Group can assist and advise all things wills and estates related. We can help you create a will, interpret pre-existing wills, and help with any will disputes.

CONTACT