Wills and Probate Solicitors in Street

Wills and probate solicitors deal with the legal side of passing on property and money. A will sets out who inherits, names executors and can appoint guardians for young children. Lasting powers of attorney cover financial decisions and health and care decisions if capacity is lost. Trusts can protect an inheritance for a vulnerable beneficiary. Inheritance tax planning considers the nil-rate bands, lifetime gifts and gifts to charity.

When someone dies, the solicitor can value the estate, prepare the inheritance tax account and apply for the grant of probate. Without a will, letters of administration are needed. The solicitor then gathers in the assets, settles debts and pays out to the beneficiaries. A deed of variation can alter who receives what within two years of the death, and disputes over a will can usually be settled by agreement.

Street is a Somerset town at the foot of the Polden Hills near Glastonbury. Wills and probate solicitors in Street can draft wills, set up trusts and handle probate. Firms in Glastonbury, Wells and Bridgwater also take on this work.