Wills and Probate Solicitors in Newbury

Wills and probate solicitors guide people through estate planning and support executors after a death. They draft wills, prepare lasting powers of attorney and set up trusts for children or vulnerable relatives. A letter of wishes alongside the will can explain who should receive particular personal items. Inheritance tax planning reviews the nil-rate band, the residence nil-rate band and lifetime gifts.

When someone dies, solicitors value the estate, report it for inheritance tax purposes and apply for the grant of probate. Without a will, letters of administration are needed instead and the intestacy rules decide who inherits. Furniture, jewellery and keepsakes often cause more argument than money. Where beneficiaries cannot agree, the executors can sell the items and divide the proceeds. Solicitors collect the assets, pay debts and distribute the estate. A deed of variation can change who inherits within two years of the death, and many will disputes are settled through mediation.

Newbury is a market town in the Kennet valley of West Berkshire, with the Kennet and Avon Canal running through its centre. Wills and probate solicitors in Newbury can draft wills, plan for inheritance tax and handle probate. Firms in Thatcham also cover the area.