Probate

If you have assets, for example your house, your car or savings then it is essential that you make a Will to ensure that you have complete control over how those assets are distributed after your death.

Why Make a Will?

 

  • Intestacy rules mean that if you die without making a Will your spouse, partner or children may have to share your estate with relatives whom you may never have intended to benefit, or worse still, end up with nothing at all.
  • Inheritance tax bills can often be reduced or avoided with a little careful planning.
  • Wills drawn up without proper advice can cause as much trouble as no will at all.

 

How can PM+M Help?

Working with your own solicitor or with a lawyer recommended by us, we can prepare a Will for you, taking in to account all financial options that may affect you. We can also advise you of any relevant lifetime planning that you should consider to ease potential inheritance tax on your death.

 

Our probate service covers the following areas:

  • Accepting appointments as Joint Executors of your Will
  • Identification of assets and liabilities of your Estate with full Probate valuation
  • Assist with Probate application, Grant of Probate or Letters of Administration.
  • Administration of Estate; collection of assets, settling liabilities and legacies.
  • Handle all personal and inheritance tax matters, negotiate with HMRC
  • Prepare detailed Estate accounts and liaise with family and all beneficiaries.
  • Advise beneficiaries, Estate Planning and Deeds of Variation as appropriate
  • Act as independent source of advice for all investment matters

 

PM+M are experts at advising in all the above areas, and can often achieve considerable cost savings compared to other providers. All members of our team are specialists and where appropriate are members of the Society of Trust and Estate Practitioners, the only recognised professional body covering advisors in this field.