Parry Law Services: Wills, Trusts & Probate

Will Trusts & Taxes

Our specialised solicitors and members of the Wills Trusts & Probate team provide an invaluable service to clients offering advice in respect of the reduction or elimination of Inheritance Tax. The simplest steps taken can preserve more than £100,000 for your loved ones after you have gone.

The use of trusts in order to reduce IHT both Lifetime and Discretionary is encouraged where appropriate however in addition to seeking to reduce tax liability we can also offer advice in respect of trust arrangements suitable for when Residential or Nursing Care is required or to protect and preserve the assets when someone is disabled or has been awarded substantial sums by way of damages in settlement of a claim for injuries sustained.

Where needed we can refer you to experts specialising in Income Tax and Capital Gains tax should the situation arise.

Administration of Estates

Our team is highly experienced in all aspects of administration of estates where we regularly act either as Professional Executors under the terms of a will or act on behalf of non professional Executors undertaking those aspects of administration in relation to which they need assistance. If required we can offer a straight forward Grant of Probate service leaving the non professional Executors to gather in the assets and effect a distribution.

Lasting Powers of Attorney and the Court of Protection

All members of our team are experienced in the provision of Lasting Powers of Attorney assisting you in appointing an individual to look after your financial wellbeing and personal welfare should you become incapable of doing so.

In addition to preparing the LPA we can help you and your Attorneys register the Lasting Power if and when the need arises and can advise your attorneys in relation to their legal responsibilities under the LPA.