The importance of having a Will cannot be overemphasised. This ensures that assets go to the people you wish to benefit. This involves structuring the Will in the most tax efficient and appropriate way and planning the estate for present and future generations. Part of the process will often have regard to Inheritance Tax issues.
Trusts are very much part of the Estate Planning process. The firm often advises on a Client’s Personal Tax Return.
While some Estate can be simple they can often have complex legal and tax implications. A full statement, well presented, is essential when dealing with HM Revenue and Customs and the Probate Court. Professional Expertise in this area is invaluable.
In a time of an ageing population good legal advice on Lasting Powers of Attorney both Financial and Health and Welfare and Court of Protection issues is an ever increasing demand. Help is available from the firm on all these matters.
An integral part of any Private Client Practice is advice on Residential and Commercial Property. The firm has long standing experience in this field serving Clients extensively reaching out to all areas of England and Wales.
The office in Ponteland is a natural port of call for the farming community of the North East. The firm works closely with Land Agents and Surveyors to supply legal input to agricultural issues.
Private Companies and Partnerships fit in well with the Private Client sector and the firm acts in Company Formation, Sales and Purchases and on Private Company issues and often being involved at the negotiation stage.
At the request of Clients the firm several years ago extended the service to Clients to include Estate Agency to provide an integrated property package. This very much follows the Scottish model and is available to Clients particularly in the Ponteland area.