Wills, Probates, Estates and Powers of Attorney
Should a person wish to have their assets distributed in a certain way upon their death this can normally only be achieved by leaving a testamentary instrument known as a Will.
A Will is a document which sets out a person’s wishes in relation to matters in respect of their assets. This usually deals with property and cash assets and what happens following the death of the Testator.
A Will effectively allows a person to provide for the devolution of their property by means of a clear legal document.
A Will should be well considered and planned for. A person does not need significant asset wealth to have a Will. A Will is relevant to every person whatever their means, and particularly to those who have responsibilities in addition to assets.
For clients with particular tax planning needs, especially in today’s economic climate, Wills should be updated and reviewed in line with tax changes.
The Administration of a Testate Estate (an Estate with a Will) is quicker and less expensive than the Administration of an Intestate Estate (no Will).
It is vitally important that clients obtain professional legal advice on the drafting of their Will as it is a technical document which has far reaching consequences on the surviving family.
At Sheridan Quinn we also take pride in advising clients in creating general Power of Attorneys and Enduring Power of Attorneys.
A general Power of Attorney is a document which enables the Donor to give authority to the Attorney to act on their behalf. The scope of this power can be quite limited. This document becomes effective with immediate effect.
An Enduring Power of Attorney enables a Donor to choose an Attorney to manage their property and affairs in the event of the Donor becoming mentally incapable of doing so. The powers granted under this document may be general powers in relation to all affairs or, in circumstances whereby the Donor does not want the Attorney to have such wide powers, the Donor can include any restrictions as they so desire.
At Sheridan Quinn our solicitors are specialised in the following areas:
- General advices in relation to Wills and taxation issues
- Drafting of Wills
- Administration of Estates to include the extraction of the relevant Grant of Representation i.e. Grant of Probate
- General tax advices on dates
- Section 117 Applications
- Powers of Attorneys
If you are looking for Legal Advice, please feel free to contact us by email at firstname.lastname@example.org or by freephone number 1800 611 110 or 01 676 2810 for a call back from one of our Solicitors.