We are experts in tax advice and estate planning, and can help you reduce your tax liability, both now and in the future. Our people are very experienced in advising high-net-worth clients and are used to dealing with complex Estates. Given the importance of a properly drafted Will, we take great care in ensuring you receive the best possible advice. We are also well-placed to undertake and advise on issues like Deputyship, Statutory Wills and Lifetime Gifting.
In the difficult time period following the death of a relative or friend, we provide an efficient service to smooth the process of probate or administration; dealing with issues such as intestacy, inheritance tax and any variations in the Estate. Because this is can be a deeply emotional time, we ensure everything is handled in an approachable and friendly way.
Our Will solicitors in Brighton offer several services including:
Wills and Living Wills
Preparing your Will to provide for your family and loved ones is of vital importance, not only to ensure that they receive what you wish them to but also to ensure your Estate is maximised by taking tax planning advice. Intestacy on the other hand can cause great heartache and badly planned Wills can lead to disputes causing delay and expense to your Estate. Although preparing a Will is sometimes a difficult matter to contemplate, we can assist you in ensuring that the future for your loved ones is well planned for. For some people, Living Wills may be of comfort, allowing an individual of sound mind to indicate circumstances in which they do or do not wish to continue medical treatment and giving them the opportunity to appoint a Healthcare Proxy to make decisions on their behalf.
Lasting Powers of Attorney
A Lasting Power of Attorney can relate to both health and care decisions and financial decisions, allowing you to appoint someone to make those decisions on your behalf. Without a Lasting Power of Attorney it would be necessary to apply to the Court of Protection for a Court-appointed Deputy to act when you are unable to if you lack capacity to make decisions yourself. Applications to the Court of Protection can be lengthy and expensive. A power of attorney can help you avoid this cost. Our solicitors can assist you in avoiding those expenses and delays and to simplify matters for you in the future, thereby providing great comfort to you and your family in times of need.
Court of Protection and Deputyship
In the event that someone does not have a Power of Attorney in place, it may be necessary to apply to the Court of Protection for a Court-appointed Deputy. Whilst the procedure can be lengthy, our expert solicitors would aim to see you through the process as quickly as is reasonably possible and will provide advice and our assistance on how to approach other related matters in the meantime.
Personal Injury Trusts
A ‘personal injury trust’ or a ‘special needs trust’ is a form of trust. We can assist in setting up a personal injury trust.
A trust is a relationship that is recognised and enforceable in the courts. Where there is an award of compensation for a personal injury, a trust arises for the injured person when that award is put under the control of other persons (the trustees).
By putting your compensation for your personal injury into a trust you should be able to retain your entitlement to state benefits.
Your trustees can look after your property in the trust even if you cannot. That may be particularly important later in life.
Your trustees can help share the burden of sorting out your paperwork which naturally arises when money is invested.
Caring for the Vulnerable
As well as preparing Wills and Powers of Attorney, we can assist with the protection of the family home, lifetime gifts, nursing home fee planning and personal income tax. We aim to assist in the smooth running of personal matters at some of the most difficult times for families so it is one less thing for you to worry about.
Declaration of Trust
Whether purchasing a new home together with someone else or undertaking complex gifts or tax planning measures, it is quite common to wish to hold property between people in differing shares. This is commonly undertaken with a ‘bare trust’ through a document usually called a Declaration of Trust or a Deed of Trust. We are familiar and experienced with such documents including the potential pitfalls, risks and tax consequences for clients and shall be happy to advise on how to keep your shares protected.