Probate & Estate Planning
When a person makes a will, he or she sets out his or her intentions in relation to certain matters, usually the disposition or administration of his or her property after death. The testator also names an executor, who must undertake to administer the estate of the deceased person. At Sinnott Solicitors we provide a specialist will drafting service whereby we ensure that every eventuality is covered be it to ensure that the next generation obtains business relief or to ensure that the next generation receives under the will in the most tax efficient method possible. We advise our clients of their obligations towards their children and spouses when making a will and facilitate our clients in making changes to their wills whenever necessary.
This the legal process of settling the estate of a deceased person, specifically resolving all claims and distributing the decedent’s property under the valid will.
This is an advanced investment advisory discipline that incorporates financial planning and specialist financial services. The key objectives are to provide and families with tailored retail banking services, estate planning, legal resources, taxation advice and investment management, with the goal of sustaining and growing long-term wealth.
This is the process of accumulating and disposing of an estate to maximize the goals of the estate owner. The various goals of estate planning include making sure the greatest amount of the estate passes to the estate owner’s intended beneficiaries, often including paying the least amount of taxes and avoiding or minimizing probate court involvement.
Probate and Estate Planning
Our Estate Planning and Probate Solicitors provide expert streamlined legal advice and taxation advice in all areas of Estate Probate and Succession Planning. At Sinnott Solicitors we can advise to ensure that wealth is passed from one generation to the next in the most tax efficient manner possible.
In particular in relation to families and private clients we endeavor to find tailored taxation solutions designed to best suits their own asset profile personal needs and future requirements especially when organising and re-structuring their business and family affairs.
Sinnott Solicitors provides advice and assistance in a number of areas including the following:
- Estate Planning with Capital Tax advice
- Preparation and drafting of Wills
- Powers of Attorney including Wards of Court and enduring Powers of Attorney
- Tax efficient Transfer of family, Wealth Assets and businesses to the next generation
- The administration of estates. Including advice to beneficiaries and/or family members of their rights and in relation to the estate
- All contentious Trust and Probate matters including S.117 actions where there has been an unequal distribution between family members under the will