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| Teams to support you. |
Some people may think that the importance of using specialist solicitors, rather than a general practitioner, is often over emphasised, but here at FDC Law, all of our legal advisers are organised into specialist teams that only deal with certain types of work, such as property matters, litigation or family issues. The importance to our clients of having specialists who are fully conversant with all areas of their particular field of law was again highlighted recently when one of our probate specialists dealt with an estate where a hefty inheritance tax bill was due on the death of the client. In the Will, the individual left her entire estate to her elderly sister but the Will stated that if the sister died before her, the whole estate should pass to charity. Upon checking the sister’s Will, it was noted that, on her death, all her estate was to pass to charity also.
Looking at the broader picture, we were able to offer the sister the opportunity to vary the terms of her deceased sister’s Will and thereby saving her estate hundreds of thousands of pounds. By varying the Will to leave some of the estate to charity now, she was able to reduce the estate below the tax threshold so that neither estate would pay tax.
In due course, this could have saved hundreds of thousands of pounds for the charities due to benefit, and the client was very pleased that we had raised the issue with them.
Of course, a ‘Will writer’ or general practitioner may also have identified this issue but the more you know about a given subject the more likely it is that more complex issues that do not arise every day will be identified.
Whatever your legal requirements, we are confident that FDC Law can help you so why not get in touch with us for an initial consultation?