Wills and powers of attorney
Having an up to date Will ensures that your assets are distributed in accordance with your wishes, by executors who are nominated by you to ensure your wishes are carried out. If you die without a Will (intestate), your assets will be distributed in accordance with legislation, and may not be distributed to your preferred beneficiaries. Dying intestate may also result in additional expense to your estate.
A power of attorney allows you to appoint one or more persons to act on your behalf in circumstances specified by you. For example, it may start immediately, only if you are overseas, or if you become of unsound mind. You can also specify whether your attorney can make decisions on financial matters, health matters, or both.
Whether you require a basic will, or complex clauses to protect your assets from claims, our solicitors can assist.
Being appointed as the executor of an estate can be an arduous task. Executors must carry out instructions in a will, collate records, pay any debts of the estate, and if required, obtain probate. We are experienced in assisting executors to obtain a grant of probate so that you can deal with the estate and distribute assets to the beneficiaries in a timely manner. We can also assist with any claims against the estate by third parties asserting right to share in the estate.
If you have been appointed as an executor and are unsure of what to do next, contact one of our solicitors for advice.