Stephensons Trustpilot stars
Based on count 1365
View all reviews

Probate solicitors - London

Here at Stephensons, we have a dedicated team of London probate solicitors who are experts in a variety of legal specialisms regarding probate for people based in London. if you would like further information on how we can help you, please call us on 01616 966 229 for a no obligation initial chat with one of our advisors. We have a team of friendly and approachable advisors who are waiting to take your call. They will talk to you about your situation without using legal jargon and they will do their best to make you feel comfortable and at ease. If you don’t want to call us initially you can contact us at a time most convenient to you, anytime of the day or night, through our online enquiry form and we will get back to you as soon as we can to see if we can help.

Our areas of specialism in regards to London probate includes:

  • Inheritance tax planning London
  • Gifting of property in London
  • Estate planning for London business owners
  • Estate planning for London individuals

Our expertise regarding clients in London is based around the requirement for a specialised service for a number of reasons, including the high property prices in the capital. This includes the concentration of high net worth individuals (HNWIs) in London, many of whom will be planning an estate which will be over the inheritance tax threshold of £325,000.

loading staff

Inheritance tax planning London

Planning your inheritance tax based on the estate left in your will can be a complex and often difficult procedure, given that the rate of IHT is 40% on anything above the threshold. However, this can be reduced to 36% if more than 10% of your estate is left to charity in your will. Alternatively, we can inform you on a number of options available to ensure the value of your estate is not almost halved upon the event of death.

 

Gifting of property in London

Many people often wish to gift a property before they die, which would otherwise be left as part of their estate, in order to reduce inheritance tax fees. However, there are a number of other reasons you may wish to gift a property, such as the possibility of reducing future care home fees, or simply being able to see your family enjoy their inheritance whilst you are still alive.

Estate planning for London business owners

Estate planning for your business is vital, no matter the size of your company. We are able to help and guide you on a wide variety of inheritance tax planning and will writing services for business holders. This includes sole traders, business partners and shareholders of limited companies. Business owners in London are often unsure as to whether they should leave their business to their spouse, civil partner or business partner. Stephensons solicitors are available to help you decide which option is best for you.

Estate planning for London individuals

Estate planning for people based in London is a necessary and often essential task, given that those whose estate is worth over £325,000 may be subject to as much as 40% inheritance tax. Given the high property prices in the capital, it is highly likely that those who have lived in London for a long period of time may have an estate worth more than the threshold. You may be able to plan your estate however to take advantage of an additional IHT exemption on your main residence on death. This means it is vital to plan your will and the distribution of your estate carefully.

Get in touch

To discuss any of the above options with one of our London probate legal experts, please contact Stephensons today on 01616 966 229. Alternatively, you can fill in our online enquiry form and someone will be in touch with you very soon. 

Why choose Stephensons?

On average London solicitors are 58% more expensive than elsewhere for probate*.

We are not based in London which means that we can charge less, but you still get a friendly, efficient and sympathetic service.

You do not need to go in and see a local solicitor because we can help you through probate without the need for you to come into the office. We offer video link appointments and are at the end of a telephone, so that you can deal personally with one of our expert probate lawyers who will help you through.

We know that when you have lost a loved one you will have lots of questions and it’s hard to manage all of the administrative things at that difficult time. So you will get a friendly, personal service from us, but without having to pay London prices.

*Legal Services Board – Price of Individual Consumer Legal Services in England and Wales 2020   

 

Further information

The advice provided to non-face to face clients will be through electronic or written communication only e.g. by telephone and email. Stephensons Solicitors LLP assumes no responsibility for, and shall not be liable for, (a) verification of mental capacity or testamentary capacity (b) verification of any undue influence or duress involved (c) the execution of any documents.
4.5out of 10
4.5 score on Trustpilot Based on count 1365

We're Great

It is our business to deliver legal services that work for our clients, and you can trust our specialists to take care of things on your behalf.

Our Trustpilot reviews

I want to give my children some money to buy a house - are there any inheritance tax implications?

Inheritance tax is complicated and there are all sorts of exemptions and allowances. So when tax planning you should always take specific advice from a solicitor or accountant. In simplest terms if you have property and assets, including a house or...

Read more

Wills and Probate Twitter Block

@SolicitorsLLP

Stephensons reports 24.14% mean gender pay gap

The national law firm, Stephensons, has reported a 24.14% mean gender pay gap for fixed hourly pay as at 5th April 2020.  The firm has reported its gender pay gap in line with the government’s gender pay gap reporting regulations.  The...

Read more

Wills & probate staff reorder

  • Jill Rushton​
  • Claire Booth
  • Katie Mayren
  • Rachelle Nuttall
  • Simon Page
  • Sophie Holmes
  • Rachel Haywood