Updates

Why Should I Make a Will?

A simple guide to explain why you should make a will.

Inheritance Tax Planning

What should I be doing?

Inter Vivos Discretionary Trusts

I would like to thank TC Young for the efficient and speedy handling of things, in particular the speedy handling of the sale of the house. I am delighted that things have gone extremely smoothly.

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What we do

Wills, Trusts and Executries

Wills, Estates and Estate Planning

 

Most people need a Will detailing what will happen to their assets in the event of death and clear instructions for the care of children and the management of assets passing to them. A properly written Will is an integral part of effective tax planning and will give peace of mind to you and your family that your estate is distributed in accordance with your wishes and by the Executor(s) you have chosen to ingather it and distribute it on your behalf. Properly drafted, your Will could reduce the amount of Inheritance Tax you pay.

 

To help you minimise Inheritance Tax you may wish to consider including Trust provisions within your Will or setting up a Lifetime Trust. A Trust can also be established to look after family members who become physically or mentally incapacitated. We will work with you to ensure the best possible solution for you.

 

We can also help you to set up and administer Charitable Trusts and can help you with your legal, administrative and governance needs. Our private client solicitors work closely with our colleagues in the charity law team to ensure you receive comprehensive and specialist advice.

 

Contact:

Isabel Ewing0141 221 5562iee@tcyoung.co.uk
Lesley Hurst0141 221 5562lah@tcyoung.co.uk

  

Executry Administration

Most families faced with a death of a loved one require legal advice to ingather the deceased’s estate and at T C Young we handle all aspects of Executry administration. This can include making funeral arrangements. We aim to establish the nature and extent of the estate, where necessary obtain Confirmation and deal with Inheritance Tax issues, the ingathering of the Estate and the distribution either in accordance with the deceased’s Will or in accordance with the laws of intestate succession. We will deal with the process efficiently and in a professional and sensitive manner providing you with a full accounting of all intromissions with the estate. We can provide advice in respect of underage beneficiaries and guidance on deeds of family arrangements/Deeds of Variation.

 

Contact:

Isabel Ewing0141 221 5562iee@tcyoung.co.uk
Lesley Hurst0141 221 5562lah@tcyoung.co.uk

T C Young is fully registered with the Scottish Legal Aid Board to provide legal advice and assistance and legal aid.