Private Client Law

November 9, 2020 Chris 15518 Views 0 Comments

Throughout our lives, we work hard, investing in our futures by buying property, building businesses or investing wisely. Yet when it comes to protecting the assets, property and wealth we have built up, it can be that people are less forthcoming.

O’Donnell Solicitors aim to make the process of protecting individual and family wealth as straightforward as possible.

Our expert Private Client team can advise you in relation to:

• Wills
O’Donnell Solicitors provide a friendly and professional will writing service tailored to suit your needs. We understand that forming a will is something that you would rather put off, so our aim is to make the process straight-forward, whilst also ensuring that every eventuality has been considered.

• Lasting Powers of Attorney
Taking the proactive step of creating a Lasting Power of Attorney (LPA) gives you the peace of mind that there is someone you trust to look after your affairs if you become unable to do so yourself during your lifetime. Our approachable yet highly experienced team can advise you in relation to both Health & Welfare and Property & Finance LPA’s.

• Trusts
A trust is a legal arrangement which allows you to benefit someone with an asset; something that can be useful as part of the wider process of estate planning. Although Trusts can become quite
complex, our solicitors are able to provide clear advice on how to create a trust and what type of trust would be most suitable for your individual circumstances.

• Lifetime and Tax Planning
The law surrounding inheritance tax is complex and for this reason, many people fail to take relatively simple steps to reduce the amount that would be payable to the government on their death.
Our straight-talking solicitors can help you to navigate the law in this area, providing advice that may help to preserve the wealth you have built up.

• Contested Estates / Inheritance Act Claims
Where a person is left out of a will or the provisions that are made in a will are deemed insufficient, it may be possible to officially query its contents. A will may be contested where you believe undue influence has been exerted or the deceased individual lacked capacity. Alternatively, it may be possible to make a claim for financial provision under the Inheritance Act. The team at O’Donnell Solicitors can advise and represent you in this complex and often emotionally sensitive area.