What does an inheritance lawyer do? What is estate planning, and what does a probate or estate lawyer do?
Estate planning – Writing your Will
People often leave estate Planning until it is too late. It would help if you did your estate planning now because you don’t want your family members to be fighting over your assets when you are gone. Plan your inheritance, so that your assets will go to the people you love.
An estate lawyer can help you to write your Will and provide certainty and peace of mind. At PKWA Law, we have helped many clients to make their Will. Making your Will is important if you wish to distribute your assets to the people you love. If you do not make a Will, your assets may go to people you don’t wish to benefit.
Your estate lawyer will advise you on the following: How you structure and write your will, who you should appoint as your executors, and how your estate is distributed (who gets what).
Probate – Dealing with a person’s Estate and Inheritance
When a family member dies, somebody has to deal with their “estate”. In simple terms, a person’s estate is the assets owned by the person. These assets have to be distributed to the beneficiaries.
Assets can be made up of the money, property, and possessions they had at the time of their death.
To deal with his or her estate or assets in Singapore, you must apply for a Grant of Probate (if there was a Will) or Letters of Administration (if there was no Will).
The process of Probate involves collecting any money that is owed, settling any debts due (including taxes) and dividing the estate amongst the lawful beneficiaries.
If you are an Executor named in the will or the next of kin, we can help you apply to the court to obtain the Grant of Probate or Letters of Administration. As the Estate’s administration should be done without undue delay so that the assets can be distributed to the beneficiaries, you should get an experienced Probate lawyer. At PKWA Law, we normally assist our clients in obtaining Probate within 1 to 2 months from the time we are instructed.
Who we are
PKWA Law is one of Singapore’s largest family law firms, and we specialise in Wills, Probate and Estate Law. Whether it is preparing a simple Will or helping you obtain Probate and to administer the Estate, PKWA Family Law is expertly placed to assist and make the process quick and affordable for the average family. Essentially, you will need a probate or inheritance lawyer if you have assets you have inherited.
Our Wills and Probate Fees are clear and transparent. They are also one of the most affordable in Singapore.
Please contact PKWA Law at 6854-5336 if you require our assistance in estate planning.