How can Warners help you?

Do not underestimate the legal expertise which is needed in winding up an estate such as knowledge of the laws of tax, trusts and property as well as of Wills and intestacy, and possibly other subjects such as partnership and company law.

If you instruct us to administer the estate, we will take care of all the routine work. We will clearly explain the action we will be taking and any action expected of yourself. We will discuss the timescale likely to be involved in winding up the estate and when the next contact will be. We will give you the best information we can as to the likely costs, let you know if that forecast needs revising and to what level. Our fees are likely to be less than institutions such as the banks.

So how can we ease the burden?

• By relieving the PR's of routine work, finding out about the estate, getting it valued, completing official forms and so on.
• By advising the PR's of the choices they have (for example about what property to sell and what to keep).
• By ensuring that the right information goes to the tax authorities and that only necessary amounts of inheritance,capital gains and income tax are paid.
• By drawing up any legal documents needed to transfer ownership to the beneficiaries and by preparing final estate accounts.
• By knowing exactly what to do next and how to deal with any problems which may arise.
  

Advice on opportunities
At Warners we not only help solve any legal problems but also aim to alert you to any positive opportunities, such as advice on tax savings and guidance on trust advantages.

If you are a beneficiary under a Will, we can help you to make the right choices when you come to invest the money you receive, if necessary by obtaining independent financial advice. You should also reconsider the terms of your own Will if you have inherited a substantial amount and take steps to minimise potential future tax liabilities payable on your own estate.