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Wills, Trusts and ExecutriesThe importance of making a Will cannot be over stressed. Each Will is tailor made for the client taking into consideration his or her personal financial circumstances, family and commitments and the possible incidence of taxation and in particular Inheritance Tax. After a death it is important to those who are left behind that the estate is administered with sympathy as well as with efficiency. It involves obtaining valuations of all of the assets of the estate, agreeing the tax liability, applying for the grant of confirmation and then with the benefit of that grant, gathering in the assets of the estate and administering them according to the Will or according to the law of intestate succession if there is no Will. In some cases a Trust may be created or arise under the provisions of a Will or in an intestacy and that Trust could last for many years. It will normally require the advice and assistance of a solicitor and in many cases a skilled Financial Advisor. In dealing with the personal affairs of clients it is appropriate to mention Powers of Attorney and Curatories which are normally granted to enable relative, friends or professional advisors to administer the affairs of elderly or infirm persons who, for whatever reason, are unwilling or unable to manage their own affairs. Primary Contacts:-
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