Wills and Probate Solicitors in Hull
It’s understandable for individuals to be opposed to the discussion of death, but having a legally valid Will in place is essential for many reasons, including providing financial provisions for your loved ones after you have passed away. Our Wills and Probate solicitors recognise how daunting drafting a Will can be and can provide an empathetic service to ensure you have provisions in place.
At Rollits Solicitors, we have vast experience in Wills and probate law, having used our knowledge and skill to assist many clients through the years. No matter your background or situation, our team can provide the advice and support you need.
If you decide to instruct our specialist Wills and probate solicitors in Hull, you can be confident of receiving a fully bespoke service that is tailored to your needs. We do this by carefully understanding your position and what assistance you require from us.
Our Wills and probate solicitors in Hull have advice and expertise in matters including:
- Preparing a Will
- Changing a Will
- Estate and tax planning
- Probate and administration
Get in touch with our Wills and Probate solicitors in Hull
To discuss our Wills and probate service, please get in touch with our specialist solicitors in York. From our offices in Hull, we support clients in Yorkshire and the surrounding area, as well as nationally and internationally.
Our Wills and Probate services in Hull
Preparing a Will
There are many benefits to having a Will in place, including reducing inheritance tax, preventing Will disputes, supporting your loved ones after you have passed and ensuring your final wishes are met.
Our wills solicitors in Hull have worked with all types of clients with drafting their Wills, including those with more complex assets, such as overseas business. Prior to drafting your Will, we will walk you through the entire process, so you know what to expect. Our team will assist with establishing your financial position, helping you choose who you would like to benefit from your estate, and who your chosen executors are.
Changing a Will
Many people often draft a Will and think it is enough to last their entire lifetime, but this is not correct. In many cases, individual circumstances will change over time, experts recommend that a Will should be updated every five years. It is also recommended to update your Will should you face a significant change of circumstances, for example, you have gotten married, divorced, had a child, etc.
Our solicitors will carefully review your current Will and advise where it would be most appropriate to make amendments. It isn’t possible for all Wills to be updated, so we will base your options on the amount of changes that are required on your current Will.
Where your circumstances have not drastically changed but are significant enough to need amendments, you will be able to make an official alteration, referred to as a codicil. This will need to follow the same process of making a Will where it needs to be signed and witnessed. Our solicitors in Hull can guide you through this process, ensuring that everything is correctly done.
For Wills that have significantly changed, it is not possible to add a codicil, instead, you will need to draft and sign an entirely new Will. Our solicitors will guide you through the process of revoking your current Will and assist with drafting a new Will, ensuring it aligns with your current circumstances and is tax efficient.
Our solicitors are experts in planning tax-efficient estates and will advise you of the options available to reduce or remove inheritance tax entirely, including leaving your estate to certain individuals, donating to charity, etc.
Estate and tax planning
Any estate valued over the nil-rate band allowances incurs 40% inheritance tax, however, with the help of efficient estate and tax planning there are ways to reduce this percentage or avoid inheritance tax completely. An experienced solicitor can guide you through the process of doing so.
Probate and administration
Probate and estate administration is often not a straightforward task, particularly where the deceased person had a complex estate, for example, they had a large net worth upon their death. Executors and administrators have a considerable duty and can be held personally liable if it is not correctly done. For this reason, getting professional assistance is highly recommended to streamline the process.
We understand that probate and estate administration can be challenging to handle on top of your grief. When you work with us, you can be confident of receiving advice and guidance of the utmost sensitivity. We will assist you with applying for the grant of representation, as well as ensure you are entirely aware of your responsibility and help to make sure everything is effectively carried out.
We recognise there are some circumstances where an executor may not wish to carry out the role. Should this be the case, our solicitors can act as professional executors and handle matters on your behalf, allowing you to focus on your grief and your loved ones.
Our probate solicitors in Hull can provide estate administration assistance with matters including:
- Collecting details concerning assets and liabilities
- Calculating and paying inheritance tax
- Obtaining the grant of representation, e.g. grant of probate or letters of administration
- Collecting all assets
- Settling liabilities
- Distributing the estate to the chosen beneficiaries
- Preparing theestate accounts
Why choose our Wills and Probate solicitors in Hull?
At Rollits Solicitors, it’s important for our team to develop long-lasting relationships with our clients. When you work with us, you will be confident in receiving assistance from a team of friendly and approachable solicitors here to support you every step of the way.
We are proud of our 180 years of service in the legal field, helping individuals and businesses with all types of legal matters, including Wills and Probate. Our team care about creating a personalised service to reflect your circumstances and needs and will always take the time to best understand how we can efficiently assist you.
Our Wills and Probate services’ fees
We believe in offering competitive fees for the work we offer clients at Rollits Solicitors, and these will always reflect the level of service we provide to clients across Hull and further beyond. Prior to carrying out work, we will be sure to provide you with a clear cost estimation.
At Rollits Solicitors, we base our service fees on your situation and the type of support you require from our team. For example, we may use fixed fees for more straightforward matters.
If you require further details concerning our Wills and Probate services’ fees, please don’t hesitate to call or fill in our contact form today, and we will be happy to provide a helping hand.
Get in touch with our Wills and Probate solicitors in Hull
To discuss our Wills and Probate service, please get in touch with our specialist solicitors in York. From our offices in Hull, we support clients in Yorkshire and the surrounding area, as well as nationally and internationally.