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Home | Legal Services | Wills, Powers of Attorney & Executry

Wills, Powers of Attorney & Executry

Wills and power of attorney are fundamental legal documents and vital parts of any estate plan.

A will is a document which allows you to determine who will inherit your various assets when you die. You also name an executor, a person who is responsible for executing and distributing these assets.

A power of attorney is a legal document that allows another person. or persons, to make decisions for you, or act on your behalf.


Please contact:

Kenneth McLean | Partner

mail@pollockmclean.co.uk

Sharon S. Fyall | Partner

sharonfyall@pollockmclean.co.uk

HOW WE CAN HELP

Wills

A correctly drafted Will ensures, on your death, that your assets are dealt with in the way you would choose. It offers peace of mind to the deceased, knowing that their affairs are in order and minimises expense for family and loved ones left behind. If you die without making a Will, the law determines who inherits your assets, and that may not be what you want, or indeed who you want to inherit.

Further, with an extra application to court required, dying without a Will is more time consuming and costly. Our experienced team can help with Will preparation and offer Estate Planning/Inheritance Tax planning advice.

Powers of Attorney

It is a fact of life that we now live longer and our needs change. Appointing an Attorney ensures that the person you choose has the legal power to make decisions about your welfare and money should you no longer be in a position to do so.

If a person no longer has capacity and can no longer grant a Power of Attorney, then it is possible to gain limited powers by obtaining an intervention order, or gaining wider powers by an application to the Sheriff Court to appoint a Guardian.

Executries/Trusts

Our expert team can assist with the process of administering the estate of someone who has passed away. This would include:

  • Obtaining all the information required for the preparation of the Inventory of assets for submission to the Sheriff Court
  • Liaising with HMRC regarding any Inheritance Tax payable (where applicable)

Engathering assets

Distributing assets/legacies to beneficiaries as appropriate.

Trusts can be a useful way of managing potential or actual tax liabilities. They can beset up for various reasons, including Inheritance Tax Planning or providing for someone who no longer has capacity to manage their affairs. Our team are here to offer advice.

 
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Pollock & McLean offer a comprehensive range of legal and estate agency services.

 
 
 
 
 
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“Pollock & McLean have been my main solicitors for some forty years. I can say in all honesty they go above and beyond for their customers.”

D. Hyslop
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