Wills and probate Pontyclun
Wills and probate Pontyclun -Talk to us
Do you require advice on Wills, LPAs or Probate?
Harries Watkins Jones, wills and probate Pontyclyn, friendly team of accountants and lawyers will be please to help. We can assist you with:
- Will writing: Tailored guidance on formulating your last testament.
- Probate: Obtaining the grant of probate.
- Estate administration: Professional handling of all aspects of estate administration.
- Estate accounts: Keeping a track of the estate finances prepared by chartered accountants:
- Inheritance tax: Strategic advice to efficiently manage potential tax implications.
- Lasting power of attorneys (LPAs): Establish your preferences for future decision-making.
Guidance on Wills, Lasting Powers of Attorney, and Estate Administration
Understanding Estate Administration
Estate administration, commonly known as probate, is the legal procedure that takes place after someone has passed away. It involves organising their assets, settling any debts, and distributing the remaining estate to the rightful beneficiaries. The process typically requires the following steps:
- Valuation of the Estate: An accurate assessment of the deceased’s assets and debts.
- Grant of Representation: Obtaining permission to manage the estate, known as a Grant of Probate or Letters of Administration.
- Settlement of Liabilities: Paying off any debts.
- Distribution: Allocating the remaining assets according to the will or the rules of intestacy if there is no will.
A will is a formal document that expresses an individual’s wishes regarding the distribution of their property and the care of any minor children upon their death. Key aspects of a will include:
- Executor Appointment: The will names an executor responsible for carrying out the terms of the will.
- Beneficiary Details: It outlines who the beneficiaries are and what they will inherit.
- Legal Requirements: The will must be written, signed, and witnessed in a legally acceptable manner to be valid.
- Updates and Amendments: Life changes may necessitate updates to a will to reflect current circumstances.
Lasting Powers of Attorney Explained
A Lasting Power of Attorney (LPA) enables individuals to appoint someone they trust to make decisions on their behalf should they lose the mental capacity to do so themselves. There are two types:
- Health and Welfare LPA: Allows the attorney to make decisions about healthcare and personal welfare.
- Property and Financial Affairs LPA: Gives the attorney authority to handle financial and property matters.
Creating an LPA involves:
- Choosing an Attorney: Deciding on the person or people to act on your behalf.
- Completing the Document: Filling out the LPA form with all required details.
- Registration: The LPA must be registered with the Office of the Public Guardian to be effective.
Why choose Harries Watkins Jones for Wills and Probate Pontyclun
- Expert Guidance: Professional advice from our team of qualified lawyers and accountants.
- Open Communication: We welcomes queries on probate and estate related matters.
- Supportive Network: Their team is approachable, friendly and well-informed.
The location of our Pontyclun office
Harries Watkins Jones, wills and probate Pontyclun offices are on the main street in the town – Llantrisant Road. Whilst there is no parking on site there is a free car park a short walk away. Pontyclun train station is just around the corner only a short walk away.
For a no obligation chat on how we can assist with wills and probate Pontyclun please message us via the form below.
Control your future
To find out more about how we can help you, or even just talk through any of your probate questions, don’t hesitate to get in touch.