Wills and Probate
Videos
Navigating the probate process
At RG Law, we understand that dealing with the loss of a loved one is an incredibly difficult time for anyone. The additional responsibility of handling their estate can add to the emotional burden, especially when navigating the complexities of Probate property law and obtaining a grant of probate. That's why our dedicated team of probate lawyers are here to guide you through every step of the process with compassion, professionalism, and unrivalled expertise.
Begin your journey through the probate process with our short videos that highlight what is involved and how RG Law can help.
What is probate?
Probate is the legal right to deal with someone else's money and possessions, including any property (their estate) when they die.
"How do families know if they need probate?"
Our Wills and Probate Director, Donata Crossfield, at RG Law, explains that estates with more than £ 5,000 should technically have an official Grant of Probate
Can families manage Probate without a lawyer?
Why do so many people think they can manage probate on their own? Many executors feel personally obligated to carry out the instructions from a will or believe they understand the process.
Why it is so important to make a will?
You can create a will to ensure that various tax-free allowances are available to beneficiaries, such as children, a spouse or charity.
When does inheritance tax have to be paid?
Our Wills and Probate Director, Donata Crossfield at RG Law, explains HMRC’s timelines on inheritance tax payments and when interest is charged.
How long does the Probate process take?
It can take several months to collect information on an estate’s assets, as no centralised system can check the deceased pensions, investments, bank accounts, etc. In this digital age, it is becoming more complicated to track everything.
If you want to know more, please get in touch. Or you may require one of our other wills & probate services. See below.
"As the old saying goes, 'Failing to plan is planning to fail.' And there's no room for error when protecting your assets and ensuring they're distributed as per your wishes after you're gone. That's where having a will comes into play – and not just any will but one drafted by a specialist wills lawyer.
We delve into why having a will is crucial, what could go wrong if you don't have one, and the role of a qualified lawyer or solicitor in this process. We'll also explore the risks associated with DIY wills and the importance of secure storage for your valuable documents"
Probate is the process of dealing with the estate of someone who has died. A Grant of Representation is required to give you the legal right to deal with the deceased’s assets.
An asset can be anything from a gold watch to a property if there is a property to be sold to enable the distribution of liquid assets among beneficiaries. A grant of probate is required, granting you the legal authority to proceed with the property sale.
Navigating the world of legal documents can feel like trying to decipher an alien language. But when it comes to safeguarding your future, understanding lasting power of attorney (LPA) is crucial. Our wills and probate lawyers are experts and can provide advice that can make all the difference to your and your family's future.
This legal document allows you to appoint someone you trust to make decisions on your behalf should you lose mental capacity in the future.
We often imagine that managing wealth is a leisurely stroll in the park. It's not all about sipping champagne on yachts; there's a whole world of trust law, succession planning and asset protection to navigate. That's where professional trust lawyers and solicitors come into play.
We can help you with various trusts, from setting up a trust to help reduce the amount of inheritance tax your children or grandchildren may be liable to pay should you die.
Inheritance tax is an important topic for anyone who may be receiving an inheritance in the future.
Whether the inheritance is coming from a spouse or civil partner, family member, or life insurance policy, it is essential to understand how much you may have to pay and what exemptions are available regarding inheritance tax.
In all cases, a lawyer or solicitor specialising in this area of law is the key to getting the best advice.
"When you purchase a property with another person, you can hold it in one of two ways: as tenants in common or as joint tenants. While both options have their own advantages, joint tenancy can be particularly beneficial when it comes to estate planning.
However, if you're considering severing a joint tenancy due to a relationship breakdown or for tax purposes, there are important legal considerations to keep in mind before you serve a notice of severance. This is where RG Law comes in"
There may come a time in our lives when we lack the capacity to make decisions for ourselves, maybe due to an unexpected illness, accident, disability or dementia. This is where your lasting power of attorney (LPA) provides you peace of mind; like your car insurance, it's in the drawer, and you hope your loved ones will never have to use it.
However, if you are seeking help, support and advice on how you are going to help a friend or family member by becoming a deputy for them because they do not have an LPA in place, we can advise on a possible Court of Protection Deputyship.
