The primary reason to make a will is to take care of your loved ones after your death. MacGinley Quinn Solicitors LLP help clients plan for the future and clearly explain the things you need to consider. We ensure you clearly understand the technicalities of drafting a will.
Tax and estate planning are key issues and MacGinley Quinn Solicitors LLP will advise you about the most efficient and effective means of having your wishes carried out. Our solicitors take pride in providing a service which is sensitive, professional and comprehensive.
We advise on the following:
Contesting a Will*
Distribution of Assets
Drafting a Will
Enduring Power of Attorney
Grant of Administration
Grant of Probate
Tax Implications
Wardship
Why Should I Make A Will?
By making a will you decide who should look after your children, who will carry out your instructions and who will inherit your money. And in the case of your children, at what age they will obtain their inheritance.
What is Probate?
Probate is the legal process that takes place after a death. It involves proving in court that the deceased's will is valid, which is usually a very routine matter. It also includes identifying and inventorying the deceased person's estate, having assets appraised, paying any outstanding debts and taxes, and distributing the remaining estate as per the will.
If there is no will, then this process is called administration. This is similar to applying for probate but there are some differences in the documents required and the law will determine the way assets are divided, instead of this being done according to the will of the person who has passed away.
How Long Does It Take To Complete Probate?
A straightforward probate can take six to eight months. It depends on the number, location and variety of assets in the estate. More complicated estates can take considerably longer to complete.