ISLINGTON'S WILL AND PROBATE SPECIALISTS
Making a will is something that should not be overlooked. At Zuriel Solicitors, we take the time to tailor your will to your own personal circumstances, and ensure your final wishes are enacted as you request.
OVER 14 YEARS' INDUSTRY EXPERTISE
We have years of expertise in all aspects of will writing and execution, including Inheritance tax.
The importance of making a will cannot be overstated. Each will is tailored specifically for the client, considering his or her personal financial circumstances, family commitments and the possible incidence of taxation and in particular, inheritance tax.
At Zuriel Solicitors you can be assured of receiving experienced, sensitive and specialist advice in ensuring that your family and loved ones are provided for in the future.
We facilitate a smooth, tax efficient distribution of your estate, catering for your specific and individual requirements.
After a death, it is important to those who are left behind that the estate is administered with sympathy as well as with efficiency, obtaining valuations of all the assets, agreeing the tax liability, applying for the Grant of Probate and then with the benefit of that grant gathering in the assets of the estate and administering them according to the will.
We can provide you with practical, confidential advice across the whole spectrum of wills and probate issues including:
1. Making a will
2. Administering an estate
3. Applying for probate
4. Inheritance tax issues
5. Power of attorney
WILL-WRITING AND PROBATES MADE EASIER
WE CAN SUPPORT YOU WITH:
Making a will
Administering an estate
Applying for probate
Inheritance Tax issues
Powers of Attorney
We always aim to offer accurate and transparent fees when you come to us for a will. As a guideline, a simple will costs £300, and a pair of mirrored wills costs £450. Your will may be subject to additional fees, which we will discuss in full.
WHAT IS INCLUDED?
Most arrangements include face-to-face meetings (dependent on Covid guidelines), clear advice in plain English, draft will creation, a second meeting to sign your will, safe storage of the completed will, and free registration with Certainty, a national will register.
THE STAGES OF PROBATE
Probate can be a lengthy and involved process. Broadly speaking there are five main stages:
Stage 1. The initial stage. This involves meeting your dedicated probate lawyer to identify executors, selecting the correct type of probate, and start the process of obtaining valuations and essential probate information.
Stage 2. This involves preparing relevant IHT documentation, calculating IHT, and preparing payment.
Stage 3. We will prepare a draft statement of truth for you to swear by, apply to the Probate Court on your behalf, and obtain the probate.
Stage 4. We will then collect assets, pay all known liabilities, and advertise for creditors. Where the sale of a property is concerned, we will liaise with property solicitors. Our team will also finalise the income tax up to the point of death, complete any IHT documentation and figures, and finalise Capital Gains Tax. We will obtain HMRC clearance for all taxes relevant to your case, and carry out bankruptcy and ID checks on beneficiaries.
When it comes to paying legacies, we’ll ensure assets are distributed correctly, and obtain receipts for all payments.
Stage 5. We will complete the final estate account, send signed copies to residuary beneficiaries, and prepare an R185 tax certificate. Any remaining estates will be distributed, and receipts obtained.
Stages 6 and 7. Sometimes, additional steps may be required. Please speak to our team to discuss your exact requirements.
A taxable estate can take around 12 months to complete. This depends on the complexity of an estate, and may take more or less time.
OUR PROBATE FEES
Our wills and probate service may be subject to additional fees and time requirements, depending on your requirements. These could include: