- Wills, Probate & Trusts
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Wills, Probate & Trusts
When considering financial planning for the future, the most important thing should be peace of mind for those around you if the worst should happen. There should be no confusion, no concern, and no uncertainty around your financial affairs, allowing those closest to you to grieve loss and find comfort in each other.
That’s why the time is now to start your planning with a Will, Lasting Power of Attorney or a Trust which makes the future much easier for both you and your loved ones should you pass away or lose capacity.
The experienced and dedicated team at Winn Solicitors can help.
“Rebecca from Wills and Probate was the ultimate professional: polite, considerate and efficient when dealing with sensitive family issues.”
Wills, Probate and Trusts
When a person passes away, there will be some terms used by legal professionals which you may not have considered before the event: Wills, Probate and Trusts.
Although under the umbrella of estate management after death, they each focus more specifically on different areas within this:
- Wills – This is a term for the creation of a document that specifically, and legally, states the wishes and wants of a person with regards to their financial estate after they die. A document, created by a legal professional, will state what, how much and how financial sums or assets will be separated and to whom.
- Probate (or Estate Administration) – This is the process of administering the estate of the deceased. It includes all of the processes and procedures required to organise the money and assets of the person who died, before the distribution of this.
- Trusts – This is a legal arrangement for managing assets. These assets will be held and managed by a trustee for the benefit of the beneficiary. An example of a scenario where this may be used are in situations where a sum of money is held until a child turns a certain age and then receives it, but there are various styles and types of trust we can assist with.
- Lasting Power of Attorney (LPA) – There are two types of Lasting Power of Attorney, relating to another person making the decisions for you if you were to ever find yourself unable to do so yourself due to capacity. The LPA relating to Health and Welfare focuses on someone else being given the power to decide on matters such as healthcare and life-sustaining treatment. A Property and Financial Affairs LPA provides the identified person with power to make decisions about money and property on your behalf.
It is advisable to seek legal advice on these matters to ensure everything relevant is included and nothing is overlooked. Call the Wills, Probate & Trusts team at Winns today for a no-obligation chat about your circumstances.
How can our team help?
With decades of experience in such matters, and led by our Head of Wills, Probate and Trusts Rebecca Harbron Gray, our team will show compassion, diligence, and a methodical nature to ensure your wishes are catered for and your requests are dealt with efficiently and effectively.
On hand to help with your financial planning for when the time comes, our team deliver for our clients with a caring approach to dealing with sensitive subjects that matter to you.
“Can’t thank Rebecca [enough] for the quick and easy probate from start to finish. Extremely professional and so helpful and friendly. Nothing was a bother. Made a difficult time an easy transition. Highly recommend to anyone to use.”
Call Winns today
If you’d like a no-obligation chat about your circumstances and legal support with planning for the future, please don’t hesitate to contact the team at Winns to discuss over the phone or book a face-to-face appointment. Alternatively, a home visit can also be arranged (within the North East) should that be required.
Get peace of mind and the reassurance that your financial affairs are in order for when the time comes, knowing your wishes are being carried out exactly how you want them to be.
Meet the Wills, Probate & Trusts Team
Rebecca Harbron Gray
Head of Wills, Probate & Trusts
For More Information
- Call Rebecca Harbron Gray and her team on 0800 915 2328.
- We offer home visits across the North East.
- Covid precautions and guidelines followed.