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Legacy planning covers arranging one’s affairs for the future, including preparing wills, setting up trusts and planning for inheritance and tax on death. A solicitor drafts or updates a will, advises on executorship and executors’ powers, and helps with intestacy issues if there is no valid will. They also handle trust creation, asset protection and ensuring executors can administer an estate smoothly. This work shapes how your assets are managed after death and can reduce disputes.
A solicitor ensures a valid will or trusted arrangement, nominates executors, and coordinates with executors to collect assets, settle debts and distribute legacies in line with the will, reducing risk of delays, internal disputes and potential tax complications.
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