Taking a holistic approach to probate

Dealing with the estate of a loved one can be a daunting experience. Obtaining probate is an important part of that, but is only one of a number of key aspects that need to be dealt with.

Our experience is that the probate application needs to go hand in hand with the estate valuation, inheritance tax reporting, income tax reporting, inheritance tax planning for the estate and tax and financial planning for the beneficiaries. It is important that all of these aspects are joined up so that the whole process can be as painless and cost effective as possible whilst ensuring the best outcome for the family.

As accountants licensed to carry out non contentious probate work, we can bring knowledge and experience of the deceased person’s estate and tax affairs to the estate management and probate process, providing as much or as little support as the executors and family need. 

Our tax planning experts ensure inheritance tax efficiency for the estate and beneficiaries, as well as efficiency in inheritance tax reporting. We can also utilise our in-house valuation expertise where there is a business in the estate and harness the skills of our financial planning specialists to understand and call in assets and investments.

Dealing with the estate of a family member can also provide impetus for you to consider your own.

Dealing with the estate of a family member can also provide impetus for other family members to consider their own wills and estate planning. We ensure we work closely with our clients’ legal advisers to achieve that in the best way.

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