Not only does it ensure that after your death, your estate is dealt with according to your wishes and your family are protected and provided for, it also gives you the opportunity to pass on your wealth in the most tax-efficient manner possible.
Dying intestate will result in the law automatically determining who will inherit your estate and look after your children, and will also preclude you from benefitting friends or charity.
We can guide you through the entire process to give you peace of mind that your affairs will be managed properly and appropriately after your death.
It is likely that your personal circumstances will change over time, whether materially, or through marriage, divorce or the death of a family member. We therefore recommend a will review at regular intervals and in the wake of any significant events. This also enables you to make any necessary alterations in the light of changes to the law, and to ensure your will is kept up to date with your wishes.
Winding up the estate can appear somewhat daunting, particularly if not encountered before. Problems can arise if the estate administration is not handled properly, and in a sensitive and timely way.
We have significant expertise in dealing with both UK and international estates of all sizes and complexity, including those with business interests, family companies, valuable chattels, and agricultural and heritage property.
Our team members are frequently appointed as executors and trustees, thereby offering the family a professionally dispassionate view where appropriate.
We can undertake the entire day-to-day administration of the estate as well as giving specialist advice, or limit our involvement to specific areas. We are happy to discuss with you on a no obligation basis how we may best assist you on your matter.
A death in the family often requires quick work to protect and identify opportunities to safeguard assets. Our experienced team will work with you to avoid future unexpected tax liabilities by reviewing your finances and family wealth in advance.
With current tax charges at 40% on estates worth more than £325,000, even the most modest of homes fall within the Inheritance Tax threshold. It is therefore important to plan ahead. We can ensure all the necessary reliefs and exemptions are in place whilst leaving flexibility to review the most appropriate and effective structure for you.
The firm has a very good reputation in private client, and justly so – they have a very strong client base and look after their clients very well. They're a strong team in both contentious and non-contentious matters.
Chambers & Partners UK 2018
Bircham Dyson Bell have specialists in key areas, with departments able to link trust matters to property matters. They are well resourced, knowledgeable and practical.
Chambers & Partners UK 2018
Bircham Dyson Bell ‘really knows its stuff’, and has ‘some very capable lawyers.’
Legal 500 UK 2017