WILLS & TRUSTS

Richard Reed’s Wills, Probate and Trusts specialists provide expert legal advice on all aspects of wealth protection and inheritance planning for individuals and families.

We understand how important your family is to you. We listen carefully to your wishes and provide you with advice and support to ensure that your interests are protected during your lifetime and for the benefit of future generations.

We provide advice on the following:-

Drafting and updating Wills

Dying without a Will can lead to many problems and can cause a great deal of delay, expense and distress to your family. Our specialist lawyers can advise on all of the possible options available to you when making a Will. We will ensure that your wishes are followed and your beneficiaries are well cared for. We can assist in helping you to avoid complications on your death and to avoid your estate paying too much tax which would reduce your family’s inheritance.

Probate and Administration of Estates

We understand that losing a loved one can be a distressing time and the added responsibility of having to deal with Probate can be a burden. Our specialists can take the stress away from you and provide practical advice to make the often complicated process as straightforward as possible.

We can advise on all complexities of estate administration including large taxable estates and intestacies.

Powers of Attorney and Deputyships

There may be occasions when you or your loved ones are unable to make decisions for yourself due to mental health conditions such as dementia, a severe learning difficulty or a sudden life changing accident. Our team can help to ensure that your affairs are properly taken care of at a time when you or your loved ones are most vulnerable. We offer clear advice on Powers of Attorney and Deputyship Applications through the Court of Protection.

Trusts

You may never have thought of setting up a trust before but they have many purposes and can assist greatly with wealth planning. Trusts can help you to preserve your assets for future years in a tax efficient way. They can be set up during your lifetime or you can leave a trust in your will. Trusts can be a complex area of law and our team can assist with the creation, management and termination of trusts.

If you or your family require advice on any of the above matters please do not hesitate to contact our Wills, Probate and Trusts team on 0191 5670465 or by email on probate@richardreed.co.uk

We would be more than happy to arrange an appointment with you in our offices or in your own home to talk through your requirements.

We have members of the Society of Trust and Estate Practitioners and Solicitors for the Elderly.

 

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Richard Reed Solicitors is a trading name of Richard Reed Ltd. A full list of company directors is available at 3 – 6, Frederick Street, Sunderland SR1 1NA. Registered in England and Wales. Company Registration No: 05702566 VAT Registration No: 176 6121 59. This firm is authorised and regulated by the Solicitors Regulation Authority. SRA No: 000568890. Richard Reed Ltd is contracted with the Legal Aid Agency.