Wills, probate & mental capacity
From defining your wishes to discussing tax options
No one likes to think about their death and what they’d want to happen to their assets. Sadly, dying without a properly drawn will can cause a great deal of wasted time, unnecessary expense and heartache, as well as hassle from disputes that could easily be avoided. And there are the potential inheritance tax implications to consider, too.
Our service takes you through all the relevant things you need to think about as well as drawing up a will that really reflects your wishes. We can help whether you need a single will for a modest estate, or if your affairs are more complex with both personal and business assets to consider.
Many people avoid paying for a will by using other methods, but often this can be a false economy – we’d be happy to explain to you why.
Try our online tool to get you started with preparing your will.
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Wills, probate & private client services
Making a will
Contentious probate
Power of attorney
Business succession planning
Trusts
Charity management
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Inheritance tax
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Care & capacity
Wills, probate & private client news
Common Myths about Inheritance Tax Planning: Busting the Misconceptions
Inheritance tax planning is a crucial aspect of financial management, yet it is often shrouded in misconceptions and myths. As the New Year begins, it’s an opportune time to debunk these common misunderstandings and shed light on the realities of effective inheritance tax planning. In this article, we’ll address and dispel some of the prevalent myths surrounding inheritance tax, providing clarity for individuals and families seeking to secure their financial legacies.
Distributing the gifts in an estate after probate
The rise in the popularity of women’s sport is finally showing signs of closing the gap on men both in terms of parity of pay and sponsorship opportunities. However, there is still a huge chasm in sports where women are a long way from the rewards and recognition received by their male counterparts. Many sportswomen are household names for their performances in their chosen sport. Some women are heralded as sporting icons. Pay and sponsorship deals have increased. But the women are still a long way behind their male counterparts
When should a lay trustee consult a solicitor?
The rise in the popularity of women’s sport is finally showing signs of closing the gap on men both in terms of parity of pay and sponsorship opportunities. However, there is still a huge chasm in sports where women are a long way from the rewards and recognition received by their male counterparts. Many sportswomen are household names for their performances in their chosen sport. Some women are heralded as sporting icons. Pay and sponsorship deals have increased. But the women are still a long way behind their male counterparts
Wollens win national ESG initiative award!
Wollens were delighted to be awarded the ESG Initiative Award at the LawNet Ltd annual awards.
At Wollens we believe that sustainability is fundamental to the long-term success of our business and the communities we are a part of. We actively engage and demonstrate our commitment to reducing our carbon footprint. There were two specific identifiers which helped us prioritise ESG as firm. The first was the 2050 net zero target set by the government, and secondly the feedback from our staff survey which indicated that this was an issue for many of them.
The Importance of Making a Will: Ensuring Your Legacy Lives On
When it comes to planning for the future, making a Will is often overlooked or considered unnecessary by many individuals. However, the truth is that creating a Will is a critical step in ensuring that your wishes are carried out according to your desires after you pass away.
Making a best interests decision under an LPA
The Mental Capacity Act sets out various factors that you must consider when deciding what is in another person’s best interest. It is important to follow what the Act says.
Mission Unbreakable : Mission Complete !
Wollens is delighted to secure a number of rankings within the prestigious Legal 500 directory 2024 edition. The Team Wollens were part of the 700 brave souls who competed in the North Devon Hospice Mission Unbreakable challenge, ditching their cozy Sunday at home, the teams took to the fields, mud and obstacles.
Wollens celebrate firm wide inclusion within Legal 500 rankings 2024!
Wollens is delighted to secure a number of rankings within the prestigious Legal 500 directory 2024 edition. The Legal 500 is the leading guide to law firms and solicitors in the UK.
Best practice when acting as an executor
You should ensure that you understand the role and are willing to take on the responsibility before starting to act.
Estate Planning for Blended Families: Navigating Wills and Inheritance
Estate planning for blended families can be complex. Ensure a smooth transfer of assets and protect your loved ones with our latest article: “Estate Planning for Blended Families: Navigating Wills and Inheritance.” Read now to plan your legacy wisely.
