Wills & Probate
Tilly Bailey & Irvine Solicitors has an experienced Wills, Taxes and Probate legal department across the north east, with solicitors in Hartlepool, Wynyard, Stockton-on-Tees and Barnard Castle.
Tilly Bailey & Irvine can provide a full range of services associated with planning, preparing and managing an individuals estate.
The process starts with a carefully drafted and agreed Will. Our team is very well experienced in all areas including inheritance law, tax and the risks associated with funding long term residential care.
We shouldn't be too surprised that so few of us bother to make adequate plans for the inheritance of our assets. Who wants to think about their own passing? Although death is inevitable, the good news is that we’re living longer but that poses further issues of physical and mental capacity.
Our specialist probate solicitors can offer impartial, honest and caring advice on all aspects of Wills, Tax Planning, Care, Estates and Powers of Attorney. If you don’t have a Will or have one that requires updating don’t put it off, call us today to make a quick and free appointment to review your situation.
- Carolyn Tilly
- Managing Partner
- Nicola Dalzell
- Helen Dexter
- Laura Fairlie
- Shelley Hissett
- Joanne Tillotson
- Senior Probate Executive
Frequently asked questions (FAQs):
Who can make a Will?
Tilly Bailey & Irvine Solicitors can start your process of making a Will if you are a homeowner, a married couple, an unmarried couple, a parent or a carer.
When should you make a Will?
You must be at least 18 years old to make a Will and have ‘sound testamentary capacity’ to do so, unless you are a solider on active duty or a sailor at sea, in which case you can be any age. There is no upper age limit when making a Will, however.
Why should I make a Will?
Your property and assets that would be otherwise included in this process will instead be divided by rules made by Parliament, which can create dispute and problems within families - particularly in the case of higher earners. Making a Will is therefore a way of making life easier for your family who you wish to benefit. Besides Wills and Family Trusts, you can also take the chance to secure the future of your business with a plan for after you've gone.
What should be in your Will?
Tilly Bailey & Irvine Solicitors offer impartial, honest and caring advice on all aspects of Wills, Tax Planning, Care, Estates and Powers of Attorney, all for an affordable fee with no hidden surprises. You should also look to secure your online and social media accounts, digital assets, logins and password information by keeping note of them for future recipients.
What is the difference between LPAs and EPAs?
The terms refer to Lasting Power of Attorney (LPA) and an Enduring Power of Attorney (EPA). An EPA is when it is sometimes necessary to take over the affairs of a loved one if they have problems with their mental capacity, whereas an LPA is a legal document in a special form which allows donors to choose someone to make decisions on your behalf about things, such as your property and affairs or personal welfare in the future.
Why should I set up a family trust?
If you want to maximise the benefit that your family receives from your estate, then Tilly Bailey & Irvine will assist you to structure your estate accordingly and ensure the right assets are given to the right people that you desire. A Family Trust fund is something that involves giving assets, which can be money, stocks and shares, property and more to chosen Trustees who administer the assets in accordance with the terms of the Trust.
Are home made Wills legal?
You should opt out of trying to do 'DIY Wills' yourself. A professional solicitor or legal expert should take on the task of helping you make a Will or setting up a Family Trust, and any attempts by independent will writers are prone to be inaccurate and a serious risk in the future when assets are to be transferred.
How much does it cost to make a Will or Family Trust?
Call us today to make a quick and free appointment to make your Will or review your current situation.