Wills, Trusts and Probate Solicitors in Ipswich

Plan your future with our professional Wills, Trusts and Probate Services

Let our private client team relieve you of the stress of making sure your family are taken care of when you are no longer able to. Built on the highest quality of service, we are proud to have grown an extensive client base; with multiple generations of the same family coming back to us year on year.

It is vital to make a Will if you want a say over how your assets are distributed, otherwise the decisions could be made for you and your nearest and dearest could lose out. It is a common misconception that Wills only account for money and residential property in the UK, but it can lay out your wishes on a range of businesses, possessions and overseas interests too. A Will gives you the peace of mind knowing that your assets will go to your family, friends or charities of choice and negate any potentially costly legal expenses.

You can use our Wills, Trusts and Probate Services to prepare a Will(s) or for bespoke legal advice on financial planning to make sure your family is supported in the future regarding inheritance tax and much more.

Contact our experienced lawyers today and take the stress out of planning your and your family’s future.

What is probate?

At the time of a loved one’s passing, their possessions and assets must be distributed according to their Will, or by Statutory Rules if no Will is in place. In most cases, an executor can only begin the process of settling the estate once a Grant of Probate has been provided by the Probate Registry. In the circumstance that the estate requires inheritance tax be paid, this needs to be settled before a Grant of Probate can be obtained and the assets passed to beneficiaries.

If you have considered being the Executor of an estate then be aware it can be both a complex task and very stressful, especially when bereaved. As the Executor you are liable for any tax owed and any potential mistakes made, which is easy given the legal jargon that can be found within a Will if you are not fully trained. Always seek legal help from trained probate lawyers who are well versed in all the technicalities and processes of administering estates.

What is a grant of probate?

The majority of people will leave assets behind when they die, which need to be allocated to the relevant parties as stipulated in a Will, or, if there is no Will in place, then the state will act on behalf of the deceased. An executor handles this process, but they can only begin once a Grant of Probate is in place from the Probate Registry. They will be legally entitled and bound to resolve any financial liabilities, such as debts or inheritance tax, before dispersing the remaining assets, funds or property to the relevant beneficiaries. This can be a demanding, confusing and labour-intensive role to take on and is usually best left to Probate Specialists who are well versed in all the potential pitfalls and technicalities of settling estates.