Probate and Trust Administration
Probate work has been the cornerstone of our practice since the firm started in 1780. We have a specialist team who administer a wide variety of estates. This cover estates with UK based assets and estates with multi-jurisdictional interests where working with overseas advisors is required to provide a seamless service.
Our Probate team has significant experience in dealing with HMRC and negotiating on inheritance tax reliefs available. It also understands what disclosure requirements HMRC requires in order to avoid unnecessary queries later.
We also have extensive experience of dealing with the establishment and administration of trusts that have been created in lifetime or under a Will. This can include advising multi-generational trusts holding considerable family wealth to the administration of trusts for grandchildren’s school fees or over the family home.
Our detailed knowledge of tax legislation and the duties of trustees (a number of our Partners and Consultants act as trustees) means we can provide expert advice on income tax, capital gains tax and inheritance tax on the initiation and during the administration of our trusts– dealing with annual accounts, filing tax returns and advising on strategies for distributing wealth down the generations.
We keep our trustees up to date and on top of the latest compliance regimes introduced to combat money laundering and/or terrorism steering them through what are complex and burdensome regulations.
Brexit and Spanish Inheritance Tax
Now that Britain has left the European Union, UK nationals with relatives in Spain might welcome a Spanish Supreme Court ruling, confirming that non-EU residents will not have to suffer… Read more →
Government scraps proposed probate “Death -Tax”
The Government announced in November 2018 that it was reintroducing its proposals to increase the costs of applying for grant of probate that they originally tried to get through Parliament… Read more →
Regulatory Pricing Information
Andrew McIntyre responds to a readers’ question on a complex probate issue for Choice Magazine
Q: My wife is a beneficiary of the Will of someone who died in February 2009. One of the other beneficiaries predeceased this person and no clause was inserted in… Read more →
“Could my will be challenged by friends or relatives after my death?” – Caroline Miller explores for Advising Families
Could my will be challenged by friends or relatives after my death? Under the laws of England and Wales, an individual has complete testamentary freedom. This means that you have… Read more →
Making a Will
Consultation Response: Wedlake Bell LLP On 13 July 2017, the Law Commission launched a major consultation project on the law of Wills. The law in this area has not been… Read more →