Putting a Will in place is the cornerstone of your estate and succession planning.
We will advise you on any planning and taxation considerations and any potential claims that can be made against your estate on death.
Reid & Co will advise you on all considerations which are pertinent when creating a Lifetime Settlement. We will deal with the drafting of the document and any reporting/registration requirements.
We also advise many clients on more straightforward trust arrangements, such as trusts being declared over a property to specify a differing level of capital contributions.
We also act for many Trustees in administering Trusts once they are established and in many cases act as Professional Trustees.
As with all matters we deal with, we will provide a tailored legal service to assist and advise you as much or as little as required.
If you are appointed as a Personal Representative (Executor) of an estate, there are a number of duties and obligations on you. We can assist you in complying with your duties and discharging your legal requirements.
This can be simply dealing with the legal requirements to obtain the Grant of Probate, meeting with you to provide you with advice or administering the entire estate.
We recognise that sometimes things go wrong when dealing with an estate. This can be as a result of a falling out between the Beneficiaries and Personal Representatives or a claim being made against the estate.
In these circumstances, it is crucial to get matters resolved as quickly as possible to everyone’s satisfaction, to minimise the emotional and financial impact to all involved.
We advise clients on the creation and registration of Lasting Powers of Attorney. These are documents under which you can appoint an individual or individuals to make decisions on your behalf. These documents are mainly used when an individual has lost capacity to make their own decisions.
It is sensible to have these documents professionally drawn up so that you understand the nature and extent of the power you are giving to your Attorneys and to provide advice on additional guidance or restrictions that you may wish to include in the documents.
We provide assistance to individuals who have been appointed as an Attorney, either under an Enduring Power of Attorney or Lasting Power of Attorney in registering documents, advising them on their duties and dealing with their ongoing obligations.
If you are a client with whom we have made a contract by electronic means you may be entitled to use an EU online dispute resolution service to assist with any contractual dispute you may have with us. Should you wish to do so that service can be found at http://ec.europa.eu/odr. Our email address for this purpose is Info@reidco.co.uk.