Succession planning advice covers arranging what happens to a person’s assets on death, including wills, trusts and related tax planning. A solicitor helps draft or update wills, set up trusts, appoint executors and guardians, and advise on inheritance tax and lifetime gifts. They may also assist with applying for probate or a similar grant of representation, and guide executors through the administration of an estate. The work can shape how, when and to whom wealth is distributed, and helps prevent disputes later on.
Where a solicitor protects your position
The consequences of poor planning can include unexpected tax bills, delays in the distribution of assets, and disputes among survivors. A solicitor provides clear advice on the steps needed to protect your position, ensure valid documentation, and manage deadlines for applying for probate and finalising an estate.
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