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Wills, Trusts and Probate Solicitors in Essex and Suffolk
Planning for your future doesn’t have to be difficult. By instructing our highly regarded Wills, Trusts and Probate Solicitors in Essex and Suffolk you can plan ahead making sure your family is provided for in the future.
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Renowned Wills, Trusts and Probate Services
Ellisons is one of the oldest firms in the region and has developed a large client following as a result of both longevity and quality of service. Our thriving Private Client team can take the stress away when it comes to ensuring you and your loved ones are looked after.
A Will does not just account for money and UK property. It can also contain provisions regarding business and/or farming/agricultural interests, stocks and shares, international property and trusts, to name but a few. If you die without a Will, or die with a Will that is invalid, your assets will be distributed according to imposed law rather than according to your wishes. This could mean that those people you wish to benefit from your Estate, or those people who you assume will benefit from your Estate, may not. It could also lead to costly legal action after your death. Making a Will is the best way to ensure that your Estate is passed onto family, friends or charity according to your wishes and to choose the people you trust to carry those wishes out.
Our Wills, Trusts and Probate Solicitors can not only prepare your Will(s) on your behalf but can provide detailed and efficient advice on lifetime planning, paying particular attention to Inheritance Tax. The team has a breadth of experience which enables us to assist you with planning ahead and making sure your family is provided for in the future. You can arrange to meet our team at any of our offices in Colchester, Chelmsford, Ipswich, Bury St Edmunds or Frinton-on-Sea.
What is probate of a will?
Probate is the legal process involved in how an estate is distributed, in accordance with the wishes expressed in a Will, which immediately comes into effect upon somebody’s passing. On occasions when there is no Will in place, the state dictates who receives what from the estate and how it is allocated, following the guidance of statutory rules. This highlights the importance of having an up-to-date Will in place, regardless of the size of your estate, to ensure your wishes are fulfilled should the worst happen. The Executor named in the Will is given a document known as a Grant of Probate from the Probate Registry, allowing them to start distributing any assets to beneficiaries named in the Will as well as paying any taxes or debts associated with the estate. If there is no Will, the Probate Registry will issue a Grant of Letters of Administration instead of a Grant of Probate to allow administrators to distribute the estate.
INSIGHTS
Insights
22nd March 2023
Thinking of making a financial gift to a family member?
In current times, sharing wealth and helping loved ones financially is becoming even more of a priority as demands mount
Insights
25th January 2023
Inheritance tax receipts increased by £700 million
With the country in the middle of a cost of living crisis, it’s perhaps surprising to learn that inheritance tax
23rd January 2023
The Herbert Protocol
The Herbert Protocol initiative is named after George Herbert, a War veteran of the Normandy landings, who lived with dementia.
