Beyond Compliance
Probate and Estate Planning
Certainty and peace of mind for your family’s future
Every client has their own priorities and unique circumstances when it comes to planning their estate and getting their affairs in order. Our Probate Accountants in London provide a tailored service to fit your needs, so you can be sure your loved ones avoid costly tax liabilities and receive the inheritance they are due.
Probate
How can we help?
Estate administration
We will work with the executors to gather all the necessary information and will complete the deal application, including obtaining the Grant of Probate.
Inheritance tax planning
Our Inheritance Tax Advisers can help you plan ahead to ensure the tax you pay on your estate upon death is minimised.
Tax planning and trusts
We can help you ensure assets are passed down through generations in a tax efficient manner through trusts and ongoing tax advice.
Acting as an executor
We can act as executors if you wish to have a Professional Executor to support your family.
Will preparation
We can help you create or update your will to ensure your estate is distributed as per your wishes.
Residence and domicile status
If you live overseas but are a British domicile you may still be liable to pay inheritance tax. We can advise you in these circumstances.
Get in touch
Whether you’re looking to plan your estate, minimise inheritance tax or simply need assistance with grants, distributions or administration, we can support you.
Our dedicated Probate Services team are always on hand to address any concerns or questions you may have, no matter how small or sensitive they may seem.
We’d be happy to arrange a free consultation – simply fill in the enquiry form or call us on the number below.
Call us
+44 (0)20 7299 1400Get in touch
Submit
why choose us
Why Gerald Edelman?
We understand that dealing with wills, trusts and probate can be a complex and stressful process, which is why we’re here to guide you through each step and achieve the best possible outcome for yourself and your family.
As a team of Probate Accountants, our substantial experience with inheritance tax and financial planning means we offer significantly more value for money compared with other options, particularly law firms. We fix our costs based on expertise and value, not the size of the estate in question. For most of our clients, we’re a trusted, lifelong advisor that is already familiar with their financial affairs, which makes planning their estate with us an easy choice to make.
common questions
Frequently Asked Questions
Are there ways I can minimise inheritance tax?
The best ways to minimise inheritance tax include, making a will, staying below the inheritance tax threshold, putting assets into a trust and giving assets away that are free from capital gains tax. There are also a number of investments that individuals can make that can qualify for BPR, which can be fully exempt from IHT, whilst retaining ownership of the assets.
What are the benefits of managing wills and probate with an accountant, rather than a law firm?
In terms of cost, accountants are more likely to offer you fixed costs, while solicitors will often take a percentage of the estate.
What are the main challenges people face when planning their estate?
Some of the main challenges we find people face include, coordinating estate planning with retirement planning, building contingencies and flexibility in the plan, protecting beneficiaries and connecting assets to the estate plan.
How long does the probate process generally take?
On average, the process will take anywhere between three to six months.
INSIGHTS
Here we share topical news, updates, and inspirational blogs.
