Drawing up a will
In this world nothing can be said to be certain, which is why many people seek legal advice only when there is a clear and immediate need. However, planning ahead with the help of your solicitor can be a valuable investment.
It is critical to take expert advice to ensure your wealth is properly managed and drawing up a will is essential if you want to ensure that your assets will be dealt with the way you want.
At the same time, appropriate tax planning may significantly reduce your inheritance tax liability and deliver maximum value to your beneficiaries.
Trusts can also be extremely useful – they offer valuable flexibility and wealth protection, as well as providing more options than leaving a simple legacy gift.
Our private client team takes time to understand your needs and will translate your wishes into clear and concise legal documents that meet your objectives, now and in the future.
Our legal team has an impressive client base and is highly regarded in the legal directories. The private client team includes members of the Society of Trust and Estate Practitioners (STEP), the Law Society’s Probate Section and Solicitors for the Elderly. As such, our solicitors are exceptionally well qualified to safeguard your family wealth, estate and property.
Our experienced solicitors will guide you through the range of personal law issues and provide you and your family with complete peace of mind, whatever the future may hold.
Helping you protect your family wealth for the future.
No one wishes to imagine a future where we might need residential care, but it is an increasing reality as we all live longer, and the demand for care is increasing.
It is essential that each of us has a plan in place for the future – many people still fail to consider how the need for residential care will impact our savings, our investments and even our home. Average care home costs range from £27,000 to £39,000 a year, increasing up to £60,000 a year if nursing care is required.
While some funding may, in limited circumstances, be provided by the NHS, in most cases you will be financially assessed to establish if you are able to pay for the cost of your own care. Only once your assets have fallen to below £23,250 will the local authority start to contribute to your care fees.
At B P Collins LLP we can undertake a review of your circumstances and advise you on the best way to structure your assets to mitigate some of the cost of long term care. We can prepare Lasting Powers of Attorney, enabling you to appoint someone you trust to manage your affairs, and we can ensure that you receive any additional benefits you are entitled to.
We can help you to protect your family wealth, assets and home and ensure that you can still pass them on to future generations.
The wills, trusts and probate solicitors at B P Collins LLP are members of the Law Society’s Wills and Inheritance Quality Scheme (WIQS).
It provides a best practice quality mark for wills and estate administration advice that consumers can trust and outlines required practices in areas such as will drafting, probate and estate administration.
Our wills, trusts and probate team is recommended for client service in the latest edition of Chambers UK and The Legal 500.
B P Collins’ reputation continues to excel in the legal directories. The firm is recognised as a regional heavyweight, many of our services are tier one and lots of our lawyers are recognised as either leaders in their field or next generation lawyers.
Get in touch
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