Probate is the legal right to deal with someone's property, money and possessions when they die. If the person who died left a will, this explains what should happen to their estate.
Inheritance tax is a tax on the 'estate' of someone who's passed away. How much you pay depends on the value of the deceased's estate – which is valued based on their assets, minus any debts.
Using a trust can give you peace of mind that your chosen beneficiaries will inherit from your estate. The benefits can include reducing the care fees payable to the local authority and have tax advantages.
If your Will were to be damaged in any way, the courts could declare the Will invalid. We offer safe and secure storage of your legal documentation in both digital or paper form.
Tenants in common is a term used when two or more people have a share in a property – as in spouses or civil partners – but as separate owners entitled to their own share of the property.
We work with a team of legal experts who will prepare legal documents for a property sale, remortgage or lease extension, and transferring legal ownership if the property is being sold.
We work with a team of independent financial planners who will help you plan for changes in your income, pensions, insurance, savings and investments. Need help. Contact Us.
Nobody likes to think about losing the ability to manage their own affairs. Powers of Attorney gives someone you trust the ability to make decisions on your behalf.
Making a Will is especially important for Homeowners. Your Will, let’s you decide what happens to your money, property and possessions after your death.
FAMILIES
Your Will, allows you to put in place all the necessary protection and arrangements for your children and estate should one or both parents pass away.
BUSINESS OWNERS
In order to build the correct succession plan for you and your business, your Will, helps to ensure that the business continues to be run successfully in the event that you should die.
We can provide a personal home-based service (following the Government Guidelines due to COVID-19), as we cover England and Wales.
Interested in learning more about our Services? Please complete the Contact Form below and our team will be in contact with you to discuss your needs and help you make the best decisions for you and your loved ones.
Grosvenor House, 11 St Paul’s Square, Birmingham, B3 1RB
Tel: 07931 991 717
Email: info@jacobsandjacobswills.co.uk
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