If you have been promised assets informally by a loved one, but they have not put the details in their will, your solicitor may be able to help you secure them after the person dies. Given that a valid will is supposed to accurately reflect the deceased’s wishes regarding the distribution of their property after […]
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Contentious probate refers to any disagreement relating to the administration of a person’s estate following their death. Consulting a solicitor should be your initial step if you believe a loved one’s estate is not being administered appropriately. A good solicitor will help you resolve disputes relating to: How a will is interpreted The value of
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You might expect to inherit property from a close relative when they die, particularly if the relative was your parent. However, until 1965 a person could use a will to leave their estate to whomever they pleased, regardless of their spouse or children’s circumstances. Section 117 of the Succession Act changed that by allowing a
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Estate and succession planning helps you determine the best way to transfer your wealth on to future generations. It involves deciding who should benefit from your estate, at what time, and how your wishes should be carried out. It usually involves making a will to set out who should inherit your estate. If you have
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Trust disputes do occur, and it is advisable to get legal assistance if you wish to resolve a dispute with a trust. An experienced solicitor can help you if: A trustee behaves negligently or fraudulently. A trustee ignores another trustee’s breach of trust. A trustee administers the trust inefficiently. The trust document is not clear
Probate is a complex legal process that relates to matters associated with a deceased person’s assets. If you are the executor or beneficiary of a will you will have to deal with probate. You are advised to consult a solicitor to guide you through the process. What is probate? Probate is the legal mechanism used
International estate planning enables you and your family to get the most out of your assets whether you are based in Ireland and own assets overseas or you’re based overseas and own international assets. Effective international estate planning includes: Reducing tax liabilities Transferring wealth between countries Moving to a new country Changing your tax domicile
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Inheritance tax planning Each of your children can inherit €400,000 from you before paying any tax on the assets. A relative who is not your child may inherit €40,000 before paying tax. Any other beneficiary may inherit €20,000 before paying tax. Inheritance Tax, also known as Capital Acquisitions Tax is currently 33%. Trusts Trusts are
Your home is probably the biggest investment you will ever make, so buying a house for the first time can be both exciting and daunting. The process of buying a house is particularly confusing if you have never done it before, so make sure you have a reliable conveyancing solicitor to guide you through the
First Time Buyers’ Guide Read More »
Auctions are often efficient and economical platforms for buying or selling a property. The contract is completed at the close of bidding, so the process can be far quicker and less complicated than other property transactions. However, sales at property auctions are binding, so ensure you have proper legal guidance. Legal Documentation The legal paperwork
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