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WILLS & PROBATE SOLUTIONS – ESTATE ADMINISTRATION, PALMERS GREEN
Tailored wills for your needs. Efficient estate administration. Allan Jay Paine Ltd, Palmers Green, is trusted by North London families for wills and probate solutions.
WILLS DRAFTING AND ESTATE PLANNING SERVICES
We provide tailored advice on creating legally binding wills that reflect your wishes and protect your family's future. Our solicitors help you draft wills that cover all personal circumstances, including trusts and arrangements to safeguard vulnerable beneficiaries. We also offer updates and reviews of existing wills to account for changes in your life or in the law, ensuring your testament remains valid and effective. Our expertise includes practical guidance on inheritance tax planning and strategies to minimise liability for your heirs. For a clear and straightforward approach to securing your wishes, please contact us to discuss your requirements.
PROBATE AND ESTATE ADMINISTRATION PROCESS
Our experienced team guides executors and administrators through the entire probate process, whether a will exists or the estate is intestate. We handle valuing the estate, obtaining the necessary grant from the Probate Registry, and managing communication with the courts and HM Revenue & Customs. We oversee the collection of assets, payment of debts, and accurate distribution of the estate to beneficiaries. Throughout this time, we keep those involved well-informed and work to resolve any disputes that may arise. Our compassionate approach aims to reduce the stress often associated with estate administration, making the process as efficient and clear as possible.
INHERITANCE TAX PLANNING AND LEGAL COMPLIANCE
We advise on all aspects of inheritance tax and related fiscal responsibilities for your estate. Working alongside specialist tax advisers, we assist in assessing liabilities, preparing and submitting inheritance tax returns, and applying for any eligible reliefs and exemptions. Our services also cover guidance on capital gains tax implications and structuring trusts and lifetime gifts to optimise tax efficiency. If necessary, we support you through complex tax arrangements and negotiations with HMRC. This comprehensive planning ensures your estate is managed in full compliance while seeking to reduce unnecessary tax burdens.
CLEAR PRICING, HONEST FEES, AND RELIABLE TIMESCALES
Our fees are based on time spent, charged in minimum 6-minute units, at an hourly rate of £295 plus VAT. Estimated time includes 1 hour per asset and beneficiary, 4 hours for preparing IHT returns, 3 hours for handling tax liabilities, and 2–4 hours to draft estate accounts. Additionally, fees include a percentage of the estate's gross value, typically between 0.25% and 1% plus VAT. Disbursements such as probate court fees (£300 plus £1.50 per copy), bankruptcy searches (£2 per person), and bank transfer fees (£40 plus VAT) apply. Estates typically take 8 to 12 months to administer, with more complex cases taking longer.
Property Transaction
Mandy Bird was very professional, helpful and patient throughout the long transactional process. She kept me well informed and ensured progress was being made by the vendor's solicitors. I cannot thank her and her team enough for all the effort shown.
- Ozan
