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Wills, Probate, and Power of Attorney

Wills

If you do not make a Will, it is assumed that you would want your nearest relatives to inherit your estate. This may not be what you would actually wish, and may result in large and unnecessary inheritance tax bills.

For example, many married couples leave their entire estate to a surviving spouse.  There is no inheritance tax charged at this point, but when the survivor dies, the beneficiaries might pay more tax than necessary.

This is one reason why professional, independent advice should be obtained and you should not rely on a homemade will, nor put off making a will altogether.

Canning & Company offer inexpensive will drafting by qualified lawyers.

Probate

We can provide help and advice including information on how to complete the Probate, Inheritance Tax and Property transfer forms.

We also offer a full Probate or administration service whereby no interviews with the Probate Office or Probate Registry are necessary. Your involvement can be kept to a minimum but you can still have as much input as you feel appropriate, thus relieving you of the endless paperwork and pressure from deadlines set by the Inland Revenue. We give you the time you need to effectively deal with the emotional strain of having lost a loved one.
 

Power of Attorney

There are many circumstances in which you should consider appointing an attorney:

  • If you are going to have a major operation
  • If you have a hazardous occupation
  • If you have been diagnosed with a serious illness
  • If you are going abroad for a "gap year"
  • If you are retired
  • If you are a businessman who often travels abroad

Reasons for appointing an attorney might include:

  • Using a bank account to pay for unforeseen expenses
  • Managing investments
  • Dealing with property matters
  • Signing legal documents that need to be completed urgently
  • Making contracts to protect interests
  • Dealing with passport or visa problems
  • Dealing with emergencies such as lost credit cards
  • Dealing with health problems and health insurance claims

Appoint an attorney now and give yourself peace of mind for the future.

 

 

 

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