When somebody dies, their affairs must be wound up and everything they own needs to be distributed to those entitled to inherit (the beneficiaries). How their estate is distributed will depend on either the terms set out in their will or the rules of intestacy should a will not exist. There are occasions when the beneficiaries of the estate may want to rearrange their entitlement from the deceased’s estate, and this can be done with a legal document called a Deed of Variation (DOV).
We are regularly instructed by overseas solicitors whose clients have assets in Scotland, while domiciled overseas.
According to Canada Life’s latest IHT annual report, the lack of awareness around Inheritance Tax (IHT) has increased in the last 12 months, with 50 per cent of over-45s who are IHT-liable admitting they are oblivious to whether their property could be subject to the tax.
Confirmation is a legal document that must be obtained by an executor before any money and property belonging to the deceased can be uplifted from the holder (such as the bank) and distributed accordingly.
Dealing with the estate of a loved one can be a time-consuming and daunting experience. There are certain aspects, such as registering the death, which have set time limits, however, the full estate administration process will be different for each case. In general, it can take anywhere from six months to 18 months to wind up an estate. In this blog, we will cover some of the complexities within an estate that can cause delays.
When someone dies, the person who is responsible for administering their estate will often need to apply for ‘Confirmation’ before the deceased’s money and other property can be engathered and distributed. This blog post will cover everything you need to know about applying for Confirmation.
We can help with
The death of a loved one is a difficult and stressful time. Our Scottish executry solicitors, based in Glasgow, can help bring your loved one’s affairs to a swift conclusion.
The death of a loved one can be a traumatic and emotional event, we understand this and can offer clear, impartial advice on all aspects of obtaining confirmation.
Wilson and Fish act for lawyers and clients all over the world. We can help you wind up a loved one’s estate in Scotland wherever in the world you are located.
Why Choose Us?
We are a niche firm specialising in Executry, Probate & Estate Administration.
"A thorough understanding of everything they dealt with."; "I cannot recommend this firm highly enough. They are excellent at what they do."
Our basis for charging fees is always made clear at the start. We do not charge on the value of the Estate. We can offer fixed fees in many cases.
"At the outset they clearly set out their fee structure which was very fair and proportionate".
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Take a look at what our Clients say about Wilson & Fish and our service.
"Knowledge of law excellent”; “excellent service”; “always happy to help”; “A thoroughly professional service from them from start to finish.”
"Thank you for following up with Scottish Power to resolve the issue of amount owed to the estate of the late Marjory Friel. I'd also like to thank you, Mark and the whole office for your expertise and diligence in settling the estate. I plan to visit Glasgow on my visit to the UK."
L. Thompson, Sanbruno, California
Wilson & Fish
Wilson and Fish Solicitors are a firm of Scottish solicitors specialising in executry / probate. We are based in Glasgow but act for clients throughout Scotland and abroad.
We also advise foreign solicitors in connection with their clients’ estates based in Scotland.
The most professional, proficient and helpful company I have been lucky enough to find and use their servicesG.Will, Glasgow.
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Our lawyers and advisors provide clear and unambiguous advice to help our clients plan for their future. At difficult and painful times following bereavement they provide sympathetic assistance to guide our clients through what can be complicated and sensitive issues.