It can be a more complicated process than first meets the eye. Establishing the whereabouts of a Will and proving it is valid can be a considerable challenge in itself. Attitudes and lifestyles have evolved. We live in a world of increasing co-habitation where individuals and their financial affairs can often be extremely complicated. Dealing with all these scenarios, particularly with such potential variety of investments or property assets to establish can be an extremely difficult task. Establishing their correct value is fraught with potential risk.
Many of our estates will qualify for HMRC death duties. The 2012 to 2013 rate of inheritance tax is set at 40% on estates worth more than £325,000. This rate can drop to 36% if the estate qualifies for a reduced rate as a result of charitable donation.
Our dedicated team draws on several decades of varied experience to guide you and you family through this process. We have specialists who will handle all of the probate process for you including the often complex HMRC tax forms. We have access to financial specialists who can unravel often complex investment, banking and insurance affairs as well as property advisors to offer balanced advice on market values and your options on the disposal.