Financial Protector
Our Financial Protector will brings all the options for your assets that our Protector Plus will brings and adds in specific advice designed to minimise the tax paid through your will.
Details
- If you have assets (including property) over the Inheritance Tax threshold (currently £325,000) you may benefit from more detailed advice on how to minimise the tax paid through your will. If you own a business this may also be a more suitable option for you.
- Our lawyers are experts in structuring your will to maximise the assets left to your friends and family, potentially saving you many thousands of pounds.
Currently, the Inheritance Tax threshold is £325,000. Assets above that – which include any equity in any property you have – are subject to tax at 40%. This also includes any gifts made in the seven years leading up to the person dying. If you know or believe your assets may exceed this amount then this is the right service for you. Our experts can help you plan your affairs in way to maximise the amount you are able to leave behind. This will service is often suitable for business owners, where financial and legal planning can help protect the business.
Whether you are just over the threshold or have assets worth many millions, we have specialist lawyers in this field whose expert advice is typically worth many times the cost of preparing the will in terms of the future savings it can bring.
To check that this is the right product for you and for details of your local QualitySolicitors office and pricing use our Wills assistant.
Have a question or need some help? Call 0808 258 6771
Click here to get in touchExpert legal advice you can rely on:
Wills and probate
We know that managing probate while you are grieving for a loved one is extremely difficult. Our probate solicitors are here to provide you with as much practical help as you need. We can save you from time consuming financial, legal and administrative tasks and make probate as quick and straightforward as possible.
Barnardo's Will Scheme
Contesting a will or inheritance
When someone you love and care about dies, the last thing on your mind is likely to be the financial implications. However these will often become very important. Not least to make sure the wishes are followed of the person who died. And so that you your inheritance does not end up in the wrong hands.
At QualitySolicitors, we understand that the emotional toll can be overwhelming, often overshadowing the practicalities that come with managing their affairs. Yet, attending to these matters is crucial to honouring the deceased's wishes and ensuring their legacy is preserved. Amidst the grieving process, it is essential to address financial implications promptly, safeguarding the assets and inheritance left behind.
Estate administration
Estate administration is the process of managing everything a person owns after they pass away. When someone you love dies, handling their estate can be overwhelming, but we can provide the legal advice and practical support you need. Please call 0808 258 6771 to talk to an estate administration solicitor or fill in our contact form.
Inheritance and tax planning
Planning ahead for when you die allows you to set out clearly who should get what from your estate. QualitySolicitors can help you think through your plans and their financial impact. Our aim is to ensure that your loved ones are cared for when you no longer can.
Making a will
We know that making a will is something many people put off, but it’s the best way to protect your loved ones. With our will writing solicitors making a will is much easier than you think. To find out how we can help you to create a will tailored to your circumstances, please call 0808 258 6771 or fill in our contact form.
Notarial services for wills and probate
If you’re dealing with wills and probate issues in a foreign country, you may find that you need to present English documentation to foreign authorities. If this is the case, it’s important to ensure your documents will be recognised. It may therefore be necessary to have the documents validated (notarised) by a Notary so that they will be accepted by a particular country’s authorities.
Power of attorney
A lasting power of attorney (LPA) is a legal document in which you name someone to make decisions on your behalf in case there is a time when you are unable to do so. Our power of attorney solicitors can advise you about all aspects of creating an LPA, so you can decide what is right for you.
To find out how we can help, please call our friendly team on 0808 258 6771. or fill in our contact form.
Trusts
For many people, trusts are a useful way to assist in tax planning and to preserve assets. There are various types of trusts and they can be created during your lifetime or by your will.
We have more specific information on:
Protector
- Decide who gets what – leave gifts to friends, relatives or charities.
- Appoint a Guardian to take responsibility for any children.
- Set out any funeral wishes
- Appoint the person you wish to carry out your will.
- Free lifetime storage
(many firms charge an annual fee for this service). - Free signing service Mon-Sat (we provide independent witnesses to ensure your will is valid).
Protector Plus
- Everything in a standard will plus address more complex issues.
- Give a gift (e.g. your house) to a person for their lifetime only.
- Stop a child receiving a gift until they turn a specific age, e.g. 21.
- Exclude people who would normally expect to be included (e.g. wife/husband or children).
- Provide for on-going care of a person with a disability.
Financial Protector
- If you have assets (including property) over the Inheritance Tax threshold (currently £325,000) you may benefit from more detailed advice on how to minimise the tax paid through your will. If you own a business this may also be a more suitable option for you.
- Our lawyers are experts in structuring your will to maximise the assets left to your friends and family, potentially saving you many thousands of pounds.
